My Comments: For me, the glass is always half full. I try to live today and worry only about the future. I am easily irritated by those who live in the past, or try to re-litigate the arguments of history. It’s a waste of time for me as the years count down. You can argue …
Continue reading The World Is Getting Better and Nobody Knows It
My Comments: Some of you are starting to call me tiresome. And you are right; I keep saying the sky is about to fall and it never happens. But ignore me at your peril. Actually, if it only falls 10%, we can all recover quickly and go about our lives once again. But my guess …
Continue reading The Stage Is Set For The Next 10% Plunge In Stocks
My Comments: This comes from, of all places, the National Latino Council on Alcohol and Tobacco Prevention (nlcatp.org). It was written by their chief editor whose name I cannot find. As someone who professes to know the basics about retirement planning, having a good understanding about paying for medical care as your life plays out …
My Comments: The actual title that caused me to read this article follows my comments. Since man began gathering in tribes, society was to some extent defined by the jobs it’s members performed and how that justified their existence in their tribe. It’s just a lot more sophisticated these days. Jobs change over time; no …
My Comments: OK, I’m not a CPA and I’m talking about a tax matter. Please don’t call the FBI on me. If you have money in an account and it it got there before income taxes were applied to the money you earned, it’s known as a “qualified account”. Simply put, it “qualified” for special …
Continue reading Calculating Required Minimum Distributions From a Tax-Qualified Retirement Account
My Comments: Clients ask me what is likely to happen to their investments if Donald achieves the White House. Frankly, I have no idea. You might as well ask me what I’m having for lunch next Monday; I have no idea. But his candidacy and his expressed values will influence how he might think and …
My Comments: We take them for granted. A place to park money that earns a little bit and can be used to buy stuff or used to invest somewhere else. If you’re bored by finance and economics, this post is not for you, even though it may affect your wallet along the way. by Bob …
My Comments: When do you plan to die? If you can’t answer that question, and instead assume you will live a long and productive life, then chances are you’ll want to delay the start of your monthly social security checks. There are, however, valid reasons beyond an early trip to the grave to justify taking …
My Comments: My thinking about a market crash is evolving. I think it’s much closer than it was six months ago. I think it will be relatively short lived. I don’t expect it to be as deep as the one that happened in 2008-2009. But it will happen, and for some of us, it will …
My Comments: The system is rigged; just not the way you think it is. These words by Bill Moyers are almost enough for a book. So be prepared. I’m increasingly persuaded that the social ills in this country, from racism, to mysogeny, to conflict with law enforcement, all down the line, are highly correlated with …
Continue reading Bill Moyers: Economic Inequality Is a Threat to the Very Core of Our Democracy
Helping Define Your Financial Future 