My Comments: As someone who has helped clients manage their money for almost four decades, I’m still often caught up in the "crisis de jour", what's happening TODAY, as opposed to stepping back and looking at things from further away. Our society has become obsessed with WHAT IS HAPPENING NOW, and often fails to put …
Continue reading The Future Still Belongs to the Emerging Markets
My Comments: Years ago, it was simply a matter of waiting to reach 65, showing up at the Social Security office and then waiting for a check to appear in the mail. Today, that idea is quaint and naive. As the baby boomers reach age 62 and beyond, it’s become a chore to figure out …
Continue reading Restricted Application for Social Security Benefits
My Comments: I am both blessed and cursed for almost always believing the glass is half full rather than half empty. Right now, my bias is to say that another correction like we had in 2008-09 is NOT going to happen again during my lifetime. But that’s not to say the business cycle of ups …
Continue reading Correction Fears Are Overblown: Buy The Dip
The modest global recovery will endure, but market volatility is likely as the Fed tapers By Melanie Waddell / January 16, 2014 The economic outlook for the next 10 years will be one of resiliency, with the U.S. in 2014 and 2015 facing cyclical risks tilted toward better-than-trend growth for the first time since the …
Continue reading 7 Big Economic Predictions for Next 10 Years
My Comments: I bet you are saying this is just another weird observation from Tony. And you may be right. But mindful that many of you, and many of me, are thinking of ways to predict what the markets will do this year. So... A reasonable predictor of future market movements which translates to whether …
Continue reading What Accounts For The Decrease In The Labor Force Participation Rate?
My Comments: The plainfiff in this case at least acknowleges that Congress passed the PPACA. This is at least a small victory for those of us who believe the PPACA is a good thing. If you are an American, you should be able to participate in the bounty offered by this country, one feature of …
Continue reading Court Rules in Favor of IRS on Obamacare Tax Credits
January 3, 2014 • Robert Laura One of the many things I appreciate about this profession is the constant and ongoing challenge associated with traditional retirement planning statistics and percentages. Whether it’s the 4 percent rule being argued, new research on the pros and cons of active versus passive investing, or a new study on …
Continue reading These Retirement Stats Paint A Troubling Picture
My Comments: I have a number of physicians among my clients and friends. Virtually all are uncertain about how the PPACA is going to impact their profession. Those not retired are concerned, but understand that if their commitment to their patients stays as strong as it is now, they will be OK. But that doesn't …
Continue reading Solving the Shortage in Primary Care Doctors
My Thoughts: If this were my original work, the ttle would more likely be “My Best Guess for the Markets in 2014.” The emphasis is on guess and it only exists because as a so called expert, I’m supposed to know. Only I don’t. I think I know what I’m having for supper tonight because …
Continue reading Forecasting the Year Ahead, and Preparing to Be Wrong
My Comments: You already know my opinions about the PPACA and how it will morph over the next ten years. Here’s another element that will focus people’s attention as contrasts start to appear between states that are willing to participate and those that do not. Since Florida has chosen to NOT participate in the Medicaid …
Continue reading The Affordable Care Act’s Most Important Date: Not What You Think
Helping Define Your Financial Future 