My Comments: From age 10, I grew up in middle America with an educated father, a full time mother and a dog. It was assumed I would go to college, get a job, be self sufficient, and at the very least maintain the same standard of living as my parents. I achieved that goal but …
Continue reading The American Dream is Fading, and May Be Very Hard To Revive
My Comments: Don’t freak out yet! Yes, this is about economics and for some of you, it might as well be written in Russian or Greek. But it is relevant to your future standard of living. Try hard to at least get through the first paragraph. And let me know your thoughts. Mark J. Perry …
My Comments: Monday, post #2. First, you don’t get to manage $37B unless you know what the hell you are doing. Two, the higher we go, the harder will be the fall. Put a lot of your money in cash and keep it there until the dust settles. by Jonas Cho Walsgard / February 19, …
Continue reading Stock Manager of $37 Billion Doesn’t Believe the Earnings Hype
My Comments: It’s Monday, my day to talk about investments. Today, there will be two posts instead of one. I think we’re in a bubble, and those don’t end well. From the tulip mania bubble several hundred years ago in Holland to the DotCom bubble in 1999-2000, a lot of people lost a lot of …
Continue reading Trump is in the wrong place at the wrong time when it comes to the stock market
My Comments: You may not need a reason to keep working. But more and more of us are choosing to remain employed. Modern medicine has conspired to keep us healthy, and boredom is an ugly threat. If you have great ways to spend your time and enough money to avoid running out if you live …
My Thoughts on This: Hysteria on Wall Street! The Crash is Coming! No, It’s NOT! It’s refreshing to see behind the news and find an insight that serves to explain what’s probably going on. These comments by Howard Gold are probably close to the truth. NOT FAKE NEWS! Published: Feb 1, 2017 by Howard Gold …
My Comments: Medicare, along with a Medicare supplemental policy, is, for many millions of Americans, a critical element in their lives. I know it is in mine and that of my wife. As longevity raises its sometimes ugly head, the ability to seek professional health care when the need arises, without having to worry about …
Continue reading What You Should Know About Medicare Enrollment
My Comments: China First! Are you OK with China leading the world through the 21st Century? While I have issues with the politics of Steve Forbes, I have no issues with the credibility of Forbes Magazine, who published this article by Winter Nie. Now that Trump has ceded global economic leadership to China, it’s important …
My Comments: Readers of my posts have seen me comment before on the proposed Department of Labor Fiduciary Rule that is scheduled to be implemented this coming April. It’s directed toward anyone providing investment advice related to retirement accounts (with one major exception!). The rule says that anyone providing such advice must adhere to a …
My Comments: For some, retirement will be bliss. For others, not so much. WHEN you retire, and HOW you retire, will have a lot to do with WHAT will happen. Jane Bennett Clark, Senior Editor, Kiplinger's Personal Finance, Feb 2017 For some, the idea of retiring early is a dream nurtured over decades. For others, …
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