My Comments: I’ve argued frequently that if income inequality is not addressed, our children and grandchildren will be rioting in the streets of America. I’ve also argued that the recent rioting in Louisiana, and elsewhere, ostensibly because of racial issues, is as much caused by economic disparity as it is racial disparity. At the extreme, …
Tag: money management
Options for Funding Long-Term Care Expenses
My Comments: When you reach retirement age, the elephant in the room becomes Long Term Care. This is when someone in the household becomes unable to perform two of what are called Actitivies of Daily Living, or ADLs. A healthy spouse will simply take on more and more to help the affected person manage and …
Continue reading Options for Funding Long-Term Care Expenses
‘Biggest Bond Bubble in History’ is About to Burst
My Comments: Broken record time again. The punditry has almost one voice and yet the markets are not listening. I can’t wait until November 9 arrives. Aug 20, 2016 – The Irish Times “The market can remain irrational longer than you can remain solvent,” is a famous quote, often attributed to JM Keynes. And indeed …
Continue reading ‘Biggest Bond Bubble in History’ is About to Burst
Understanding Social Security Spousal Benefits
My Comments: these details were found at a site called WiserWomen.com . They are consistent with my thoughts about how to get the most from the Social Security system as you ask questions to find the optimal timing to apply and possibly suspend your benefits. If you want a personal analysis and comprehensive report, talk …
Continue reading Understanding Social Security Spousal Benefits
Here’s How You Know The Stock Market Is Hugely Overvalued
My Comments: Worrying about your money is a normal activity. At least it is for me. That being said, to the extent you have money somewhere where your principal is not guaranteed, I think there is a high probability you will soon suffer some losses. Actually, unless you sell at a loss, you really haven’t …
Continue reading Here’s How You Know The Stock Market Is Hugely Overvalued
ThrowBack Thursday: My College Days
About this time some 57 years ago I arrived in Gainesville, Florida. I was a freshman with no clue yet what to study and no meaningful focus other than survive on my own with a vague sense of taking the next steps. I found myself enveloped in a group of non-conformists whose extra-curricular avocation was …
The Return of American Exceptionalism
My Comments: We live in a biased world and are likely to remain in a biased world. I find it helpful to read ideas expressed by people who live outside the US and have a different bias filter. This is one of them. By Edward Luce, August 14, 2016 Until recently most of the world …
Social Security: What to know before claiming benefits
My Comments: This is pretty basic stuff but for many of you who have yet to seriously think about where the money is going to come from when you retire, this is a must read. I also encourage you to go to the ssa.gov web site and register yourself. by Diane Archer June 30, 2016 …
Continue reading Social Security: What to know before claiming benefits
Wolf Blitzer + Donald Trump; 2007
My Comments: No words from me are required or necessary. Just remember this was in 2007, with George Bush in the White House, and a presidential election on the horizon. By pollwatcher on Thursday Aug 11, 2016 Here’s what Wolf Blitzer (CNN) played, taken from the transcript: BLITZER: The war is hovering over politics right …
Trump’s Thin Skin Shows CEOs Are Not Made For Politics
My thoughts on this: We can argue ‘till the cows come home whether Donald or Hillary is more reprehensible. And we can wonder if the other two national candidates will meaningfully affect the outcome next November. Donald may indeed be a nice guy, but I’m not ready to cede him the prize as CEO of …
Continue reading Trump’s Thin Skin Shows CEOs Are Not Made For Politics
Helping Define Your Financial Future 