My Comments: Why, you might ask, is this relevant? Here is my answer: If you are retired, or making plans to retire, it could greatly influence the amount of money you have to spend and live on during the next decade. And with Trump promising to cede economic leadership to China by killing the TransPacific …
Tag: money management
It’s the Economic Inequality, Stupid! The Gaping Wound That Led to Trump’s Win
My Comments: I’ve been talking for several years about income inequality and how it must be reversed if our children and grandchildren are going to avoid rioting in the streets and economic chaos. Recently we’ve seen Occupy Wall Street and Black Lives Matter and now Trump protesters rioting in the streets. The waiting has ended; …
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The World Is Getting Better and Nobody Knows It
My Comments: For me, the glass is always half full. I try to live today and worry only about the future. I am easily ticked off by those who try to live in the past, or try to re-litigate the arguments of history. It’s a waste of time in a world, that for me, is …
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“I am a Democrat in rural, red-state America. My party abandoned us.”
My Comments: As we come to terms, from either perspective, with the idea of Donald Trump for the next four years, it helps to better understand how he won the election, if not the popular vote. This understanding is critical for those of us who are by nature more liberal than those who will be …
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“…the Nature of Capitalism”
My Comments: There are changes afoot, and our President Elect seems to have no clue but then Hillary missed it too. In all fairness I didn’t see it either until I read this and it served to crystalize some thoughts I’ve had related to the income inequality so many of us are worried about. Income …
‘Believe Me, We’re In A Bubble Right Now – A Big, Fat, Ugly Bubble’ – DJT
My Comments: Part of me wants to believe the Laws of Physics (and economics) have been reversed, that gravity no longer means ‘what goes up must come down’. The other half says gravity is still here. Wednesday afternoon, right after the election, I got a raucous tweet from someone making fun of my having said …
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Why Retirees Should Own Stocks
My Comments: The basic premise here is accurate, but I have a problem with the author’s tactics. There is an inherent bias among those whose audience is mostly market traders. I understand this bias. I’d likely have it too if I practiced exclusively in that world. But I don’t live or work in that world. …
The Face of Retirement is Changing
My Comments: 30 years ago, my vision of retirement was as vague as what you see if you stand outside on a clear dark night and look upward. A vast empty space with millions of tiny points of light, far away and mysterious. Today, not so much. I tried it a few years ago and …
We See the Glass as Half Empty, Yet Our Cup Is Overflowing
My Comments: The Prophet of Doom is not yet vanquished but… hopefully soon. Marian L. Tupy | Wednesday, October 26, 2016 It is perhaps an understatement to say that we live in an era of great pessimism. This pessimism, while not distributed evenly across the world, appears to be felt most acutely in many Western …
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Why A Market Crash Could Be Just Around The Corner
My Comments: The prophet of doom strikes again! No, seriously, the evidence is mounting and the financial pundits are all talking about this. Some of it is the threat of a Trump presidency, which I believe is a real threat. The rest of it is mostly mathematics and economics and history. If you have money …
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Helping Define Your Financial Future 