My Comments: In all my years as a financial planner, the mantra has been to make sure the mortgage goes to zero at about the time you retire and quit working for money. The crash of 2008-2009 has made this very difficult for a lot of people. Another strategy, not referenced by Kiesnoski, is to …
Continue reading Should You Pay Off That Mortgage Before Retirement? Not Necessarily
My Comments: Sometimes it’s difficult to see the forest for the trees. When that happens from time to time, it’s helps me to get another perspective. This one is from England. It’s about the chaos in the political party not now in the White House. This party is searching for new leadership and reading this …
My Comments: I’ve been talking about retirement with clients for the past 30 years. From day one I’ve stressed that I have no idea what I’m having for supper tonight, much less how much money they will need 30 years from now. We can make projections and predictions until the cows come home but it’s …
Continue reading Your Retirement Plan Could Be Seriously Flawed
My Comments: For many, a bigger and better wall to keep out undesirable people is a plausible solution. But sound bites are not enough; someone will have to design, build and pay for it. I left out the construction drawings to keep the message more simple, but if you want to see them, go HERE. Ali …
My Comments: The world is ‘a changin’. This was written just a little over two weeks ago. And now we hear Russia has sent cruise missiles from its’ navy ships into Syria. NATO is paying very close attention, given that Turkey is a member nation; this could get really ugly before its over. By Fred …
My Comments: England was my home until 1950, when I first came to the states. I have family there, along with memories of time spent with grandparents, aunts, uncles and cousins. While proud to be an American, I feel a little glee every time I come across my childhood issued British passport. I understand the …
Continue reading Hump Day: American Tourist’s Facebook Post About England Has Gone Viral
My Comments: I have only vague memories of Truman; I was just 12 when he died. My father didn't have kind words for him, but then he didn’t have kind words for any politician. For much of my adult life I’ve thought of myself as a rightward leaning Democrat, but as the country has drifted, …
Continue reading Bernie Sanders Is About as Radical as Harry Truman
My Comments: I had the pleasure, and the good fortune, to know Dr. Cade personally. Along with other friends and associates, we enjoyed lunch together over countless days. We told stories, talked business, sports, and shared gossip. He was delightful to be with and those days leave lasting good memories for me. The headline of …
My Comments: For me, economics is a fascinating subject. For you, probably not so much. Environmentalists are cheering the announcement by Shell they are abandoning their efforts to drill for oil in the Arctic waters for which they own the rights. Some will attribute this to media pressure about the likely environmental costs, but I …
My Comments: 40 years ago I cut my teeth as a financial advisor, selling health insurance policies to local families. Many of them were employed at the University of Florida and all paid exactly the same premiums. Older folks were effectively subsidized by younger folks, which meant that if what I sold was age sensitive, …
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