My Comments: This is not an easy idea to talk about. The article came from someone critical of Dave Ramsey and Suze Orman, who argue that premiums for life insurance in retirement are an extravagance. Some of the assumptions made by the author can be questioned, but the overall theme is essentially correct. Personally, I’ve …
Tag: Investment advisor
QLACs Change the Game in Social Security Timing
My Comments: If you know about Social Security plannning, as I claim to do, the prevailing wisdom is to delay taking your benefits for as long as possible. The argument is that each year you wait, you increase the size of your payments by 8%, even before the expected annual increase due to inflation. What …
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Border Security Is Not An Immigration Cure-All
My Comments: Many of you know that I am a documented alien who in 1959 was granted US citizenship. Hopefully, this gives me some right to comment on the immigration issues facing us today. While I’m not an admirer of the Mexican political system, I do accept that if you achieve the status of President, …
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the Future of Medicine is…
My Comments: I claim no authority on this topic. However, because I often work with physicians, I’m very aware of the pressures that apply to the profession. There are many issues on which no individual has any control, one of them the apparent erosion of the profession in terms of college graduates not seeking admittance …
5 Answers Every Investor Needs to Know About Annuities
My Comments: Giving answers implies there are questions that need answers. And anyone asking about personal money these days needs to know more about annuities. Not because you should necessarily put money into them, but because they are uniquely qualified to provide solutions that can can be found no where else. It turns on whether …
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5 Reasons Why You Should Be Afraid Of A Bear Market
My Comments: Until I found this, I had never heard of hedgewise.com. I make absolutely no assertion that they know what they are talking about. My personal solution for you is quite different from what you read below, but this part of life is almost always a guessing game. Oct. 30, 2014 http://www.hedgewise.com/ Summary • …
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Europe Must Act Now
My Comments: By now you may be tiring of my posts that say a market crash is coming and yet here we are moving along merrily. But like a broken clock that is correct at least twice every day, I’m confident that a crash will happen before long, and it won't be a slow decline …
Markets Up or Down Next Five Years?
My Comments: Here’s another cautionary tale to put somewhere in a mental box to look at when you start thinking again about your financial reserves. That another crash will happen is almost certain. What is not certain is when it will happen, so all you can do is decide whether you want help to figure …
Stop Tinkering With Your Retirement Portfolio
My Comments: I can’t tell you how many times over the past 40 years that a client has talked with me suggesting something is wrong with his investments. It usually comes after a long run up in the markets and he or she thinks his portfolio is lagging. And almost every time we’ve made a …
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Why Public Investment Really Is a Free Lunch
My Comments: The author of this article, which appeared in the Financial Times, is no stranger to economists, investors, and politicians. My first reaction, however, was that it tends to endorse Keynesian economics, from a source that up to now has argued that the way to achieve economic recovery and more jobs, is for there …
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Helping Define Your Financial Future 