My Comments: At this time of the year, there is an almost overwhelming imperative to be positive and cheerful about everything. I asked someone native born in Hong Kong recently about the Chinese people and Christmas. Her response surprised me; she said it was an opportunity to celebrate and enjoy life. So it is with …
Tag: retirement advisor
4 Ways Social Security Could Be Healthy Again
My Comments: As someone who paid into the SSA system for over 50 years, it’s hard to describe the satisfaction my wife and I experience from the deposits made to our checking account every month. As an economist, I’ve watched how the system has been modified over the years to remain the safety net it …
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… the Future of Medicine
My Comments: I claim no authority on this topic. However, because I work with physicians all the time, I’m very aware of the pressures that apply to the profession. There is much going on over which no individual has any control, one of which is the apparent erosion of the profession in terms on college …
Division and Crisis Risk Sapping the West’s Power
My Comments: I make no apologies for having supported and voted for Barack Obama in 2008 and 2012. Much of the pressure from the right, in my opinion, is irrational and disguised racism. Here is an opinion from England, my birthplace and true friend of America. It’s an interesting perspective and to the extent you …
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The Wall Of Worry, Illustrated
My Comments: Readers of this blog post over the past six months have noted my concerns about a coming market crash and what it might do to your ‘nest egg’. Perhaps you remember my comments about a wall of worry, a phrase that gained traction in past years as the market climbed and climbed and …
Big Bank Problems: A Culture Ratio is More Important Than a Capital One
My Comments: The financial crisis in 2008-09 could have been much worse. The Federal Reserve intervened and limited the damage. After the fact, the regulators created a major remedy, one intended to “make sure” a similar crisis wouldn’t happen again. The idea was to impose new standards regarding the amount of capital, or reserves, on …
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13 Reasons Why a QLAC Belongs in Your IRA
My Comments: Some people made good decisions along the way and now have significantly large IRA accounts. Some people I know have little need for the money to maintain their existing standard of living. If this is you and would like to find a way to NOT take money every year and pay the IRS …
Halt Jerusalem’s Unholy Descent Into Dark Ages
My Comments: Writing about politics and religion is outside my professional capacity to serve my clients, friends and family, not to mention those whom I hope to meet in the coming years. It’s much easier to try and ignore this stuff than to admit it has important implications. And then attempt to define just where …
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Falling Gas Prices Fuel Holiday Cheer
My Comments: A good friend of mine who owns several gas stations says he loves it when the price of gasoline falls. The reason: it’s much easier for him to increase his margin of profit when the price is falling than when it’s going up. Everyone loves falling prices so there is less competition among …
Employers Optimistic About Health Plan Coverage
My Comments: I make no apologies for my endorsement of the PPACA legislation (ObamaCare). I strongly believe it’s in our best interest as a nation for ALL OF US to be as healthy as possible, for as long as possible. While the cost of transitioning from what we had before may be hard to stomach …
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Helping Define Your Financial Future 