My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
Tag: money management
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 …
Continue reading China Can’t Carry Global Economy if U.S. Stumbles
Trump Is a Chinese Agent
My Comments: Yesterday, I posted about how 45 has handed China a huge advantage. This one is more along the lines of “Really?”. But I challenge anyone who voted for Trump to read these two posts, and point by point, show me where I’m wrong. I really want to know as I find it hard …
Donald Trump Is Handing China the World
My Comments: This is a topic that resonates with me, and yes, it probably conforms to my bias as a left leaning Democrat. And yes, creating a total rethink of the assumptions about government and it's role in society is something I can live with. However, for the past 12 months or more, the message …
It’s Economics, Stupid!
Four words surfaced in the 1991/92 presidential election cycle that put Bill Clinton in the White House. Those four words were “It’s the economy, stupid!”. My thoughts here echo that catchphrase but extend beyond the recently completed election cycle and instead are an attempt to better understand the current malaise that is gripping the country, …
3 Ways to Maximize Your Medicare
My Comments: Given that we are living much longer and that death is inevitable, if follows that access to affordable health care plays a role in our quality of life. This is especially true for those of us moving into or are already well into, our ‘golden’ years. Medicare has become a critical component in …
The Best Way to Invest in Index Funds
My Comments: It’s important that some of your money be exposed to the risks and rewards of the stock and bond markets. Not all your money, perhaps 25% of it. So what’s the next step? There’s an increasing awareness of fees and commissions and how they have the potential to erode the value of your …
Another Reason For Donald Trump
My Comments: The white middle class of America is dying faster than other demographics. According to this study, white people with low levels of education have a “cumulative disadvantage”. The result is an increased level of morbidity and mortality. Relative income is down, health outcomes are worse, unstable marriages more frequent, all leading to a …
6 Retirement Lessons
My Comments: My professional efforts these days are focused on helping people make good decisions about their retirement. My grey hair lends itself to this demographic. So my posts tend to favor ideas and thoughts that are relevant to many people either starting to navigate these transitional waters to retirement, or are already there. Nov …
