My Comments: To my Trump supporting friends, this is not a rant against our president. Governments work, or don't work, on vastly different rule sets than does private enterprise. Government is a public enterprise and the outcomes by their very nature will be markedly different. His skills as a businessman don't necessarily translate effectively to …
Tag: investments
Stock Pickers vs Indexers
My Comments: Which approach is best for you? Not for me, but for YOU? For the past dozen years or more, my efforts on behalf of clients to use historically good fund managers has largely failed. And not just because of what happened in 2008-09. Yes, I still made my money as an advisor. But …
The Brilliant Incoherence of Trump’s Foreign Policy
My Comments: This may be far too long to read in one sitting. But if, like me, you are willing to absorb some rather heavy reading, you may find yourself somewhat relieved by the message. Stephen Sestanovich | May 2017 Every 20 years or so—the regularity is a little astonishing—Americans hold a serious debate about …
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Will Trumponomics Actually Work?
My Comments: No need to freak out here; it’s not written in a strange language. This is a short, understandable comment that appeared in a fundamentally sound forum about business and economics. Unless we are happy being in debt to someone else, our primary effort is to spend less than we actually earn, since taxes …
Avoid These 6 Social Security Claiming Mistakes
My Comments: I’ve yet to find anyone who fully understands Social Security. Especially among working class Americans whose future standard of living will depend to some degree on the benefits they receive from Social Security. And I readily admit to being one of those people. Sometimes, it’s just helpful to understand the mistakes to be …
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Why Reducing Investment Losses Is So Important
My Comments: There are times to be cautious and there are times to throw caution to the winds. As you get older, caution is increasingly common. One way to solve your dilemma is to focus efforts on limiting what we call downside risk. That’s the opposite of upside risk for those of you just figuring …
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Our Distorted Health Care System
My Comments: As a tax paying mortal, I’m not happy with our incredibly expensive system, one with less favorable health outcomes for us than exists in other countries, at far less cost. Given my background, I have a reasonably good understanding about health insurance and the role it plays in our society. I also have …
Russia has a grand plan to undermine the West’s democracies — and it’s working
My Comments: Several months have passed since this was written but the message is as real today as it was then, perhaps even more so. I’m almost willing to give 45 and his cronies a pass since I don’t think it was, or is, their intent to subvert our system of democracy. But they sure …
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Make America Dumb Again!
My Comments: Mexico doubles down on pivot away from U.S. 45 wants a trade war with any and everyone he can think of. Not sure if he really does, but that’s the message being heard around the world as coming from the White House. As I showed last week, he’s already conceded global economic supremacy …
China Can’t Carry Global Economy if U.S. Stumbles
My Comments: Last Thursday and Friday I re-posted two articles about the US and China. This is related to those two. We as a nation have about $20T (that’s TRILLION) of debt. Sooner or later, we have to pay it back, and #45 has promised huge infrastructure and defense spending increases. Either we grow our …
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Helping Define Your Financial Future 