The Great Unwind Is Upon Us

My Comments: Like everyone, I could use a crystal ball. Since they don’t exist, I have to turn to writers with a far better understanding of what’s going on than I have. To that end, these words from Larry Fuller are helpful. Fortunately, he avoids many of the big words that too many pundits use. …

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This Is What Retirees Would Do Differently If They Could Go Back in Time

My Comments: I feel very fortunate in that I have few regrets after 77 years of life on this planet. Which is good since I can’t go back and do things differently. I suspect that’s why my entire focus today is what I can get done today and perhaps influence the future. I have no …

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Should you really do nothing amid all this market volatility? It depends on your age

My Comments: There are some well known market pundits out there whose advice can be taken seriously. But not always. We know historically stocks outperform most other kinds of traditional investments over time. That if you are accumulating money to use in the future, and that future is a few decades down the road, then …

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The Coming Bankruptcy of the American Empire

My Comments: readers of my posts know that I’m a progressive, whatever that actually means. As an economist, I choose to call myself a social capitalist, in that I strongly believe unfettered capitalism is as dangerous and corruptive as communism. This is written before trump appears on national television to tell us why his wall …

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The Most Overlooked Issue In Retirement Planning

My Comments: I’ve written life insurance policies on men, women and sometimes children for over 40 years. In almost every instance, objectivity was hard to come by. The idea of death is difficult to talk about, especially when it’s about your death, or those you love. As I’ve aged and come to terms with my …

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Why You Should Move Your 401(k) Into An IRA

My Comments: People become emotionally involved with their retirement accounts. With retirement money, there are components that reflect future peace of mind, freedom, independence and comfort levels. Making decisions about it are inherently difficult. Couple that with a feeling of intimidation resulting from, among other things, a lack of control over what’s happening with their …

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Social Security and the U.S. deficit: Separating fact from fiction

My Comments: As someone who depends on payments from the Social Security Administration to maintain my standard of living, the idea that people in Congress are considering reducing those payments is concerning. We have to hope that elected representatives find a reasonable solution that will allow the program to remain viable. It’s become an integral …

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