My Comments: There is far more at stake here than making Trump become relevant again. Apart from my personal, visceral fear that we’ll find ourselves in another brutal and painful war, the standard of living across these United States is eroding. Unfortunately, that erosion is like watching a car rust. It can sit in your …
Continue reading Trump Cannot Make America Govern Itself Again
My Comments: More and more people have Roth IRA accounts. A common question about retirement is whether to draw money from their Roth IRA first or take money from their non-Roth retirement accounts first. It depends. Any money not yet taxed is going to get taxed. Period. The Roth IRA money comes out tax free; …
My Comments: Dr. Doom here once again! Fundamentally, I’m an optimist, except when the shadows of doom are clearly in the wings. If your money is exposed to the markets, I encourage you to read this. If you can, look carefully at the chart and note the changes in key metrics for our economy between …
My Comments: This was written almost five years ago. During these years, every reader today is almost five years older and while the world has changed dramatically, the demographics are still with us. Among the existential risks we all face is what is known as a Long-Term Care, or LTC event. Before we all die, …
Continue reading What’s Killing The Long-Term Care Insurance Industry?
My Comments: It’s important that some of your money be exposed to the risks and rewards of the stock and bond markets. Not all your money, perhaps 25% of it. So what’s the next step? There’s an increasing awareness of fees and commissions and how they have the potential to erode the value of your …
My friend Bill Goodman wrote this and posted it to his Facebook page. My thoughts about what he wrote follow his comments. Approximately 50 percent of the students in Alachua County come from households that qualify them for free or reduced lunch services. Most of these students’ parents are employed and work one or more …
My Comments: Monday, post #2. First, you don’t get to manage $37B unless you know what the hell you are doing. Two, the higher we go, the harder will be the fall. Put a lot of your money in cash and keep it there until the dust settles. by Jonas Cho Walsgard / February 19, …
Continue reading Stock Manager of $37 Billion Doesn’t Believe the Earnings Hype
My Comments: You may not need a reason to keep working. But more and more of us are choosing to remain employed. Modern medicine has conspired to keep us healthy, and boredom is an ugly threat. If you have great ways to spend your time and enough money to avoid running out if you live …
My Comments: Remember the phrase ‘the birds do it, the bees do it…”? Well, attorneys do it, CPAs do it, architects do it, doctors do it, and so should financial advisors. BTW, politician's don't do it. I’m talking about acting in the best interest of the client and/or patient. The Obama administration worked several years …
Continue reading How to Get Financial Advice That Is in Your Best Interest
My Comments: The system is rigged; just not the way you think it is. These words by Bill Moyers are almost enough for a book. So be prepared. I’m increasingly persuaded that the social ills in this country, from racism, to mysogeny, to conflict with law enforcement, all down the line, are highly correlated with …
Continue reading Bill Moyers: Economic Inequality Is a Threat to the Very Core of Our Democracy
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