While there are still challenges, there are opportunities for recovery My Thoughts About This: The older I get, the shorter my time horizon gets for convincing others of my success as an investment advisor. If I thought I would need the money fifty years from now, there is little question how it should be invested. …
Continue reading Innovation and Sustainability Are Key to Recovery
My Comments: Yesterday, a friend attended a luncheon where the speaker focused on our “debt crisis”. His position was that it is much worse that suspected, that it approaches $65 Trillion. That’s Trillion, with a “T”. I have no way to know if this is true or not, but to whatever extent it is real, …
Continue reading The Crisis of the Middle Class and American Power
My Thoughts on This: Many of us in the investment world are wondering, as we always do at the beginning of every year, how this new one is going to unfold. After all, we get paid to help our client’s accounts grow, not shrink. So we read the tea leaves like everyone else and come …
My Thoughts on This: I recall a conversation I had some 30 years ago with another financial advisor. We were at some conference somewhere and I was roomed with someone from Philadelphia. We had just finished a presentation that dealt with a financial strategy for small business owners. He said he has several small business …
Continue reading Five Issues Small Business Owners Face in 2013
Here we are at the end of the year and that means it’s almost time for NEW YEARS RESOLUTIONS! For me, these are always things I’ve been putting off and this is an opportunity to force myself to act! Unfortunately, after a while, they become depressing, since for the past several decades, I’ve never been …
My Comments: The other evening I was talking with a colleague and our conversation shifted to investments and what’s likely to happen now that ObamaCare is going to happen. We agreed we are likely to go over the cliff without an agreement in place. What does it all mean? He asserted that in few years, …
I try to post these every week. Some you like to time the market and this report from J.P.Morgan is perhaps the best summary to help your decision making:
My Comments: OK, if you can’t stand reading about economics, then skip this blog post. On the other hand, if you have concerns about the economy and whether your vote in the upcoming election will have any influence on the amount of money you have to spend ten years from now, then you might want …
Continue reading Studying a Paradox: When Higher Tax Rates HELPED the Economy
My Comments: There's really very little I can add to this. I will say that many of my clients are widows, clients who came to me years ago when their husbands were alive and together, they chose me to help them with their retirement funds. That they are still clients suggests that my efforts on …
Continue reading 5 Tips to Help Women Manage Their Financial Futures
My Comments: The word “bubble”, in the context of investments, has come to mean a time when values are overstated, and many people are going to suffer financial disaster. The classic examples include the Tulip Mania, where in February 1637 in Denmark, some single tulip bulbs sold for more than 10 times the annual income …
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