My Comments: Notice the date on these comments from Mr. Rachman. They were real then and they are more real today. Perhaps the specifics of Syria are now in the rear view mirror but the perception they leave is mixed. On one hand it can be said “we are NOT at war” and on the …
Continue reading Obama and the Crumbling of a Liberal Fantasy Hero
My Comments: I’d like to be able to say this will be my final word on the issue of Obama and the PPACA. But that’s probably not realistic. I’ve been covered by Medicare now for almost 7 years. I also own a Medicare supplement plan and a Prescription Drug plan. Together, they are not cheap. …
NEXT MOVE FOR FED - No one knows when the Federal Reserve will begin tapering its bond-buying stimulus program. That apparently includes the 12 voting members of its policymaking committee, as revealed by the release of the Fed's 30-31 July meeting minutes. A few officials seek to move soon, while the more cautious are inclined …
My Comments: I recently posted a blog in favor of Lawrence Summers to replace Ben Bernanke as chair. I also suggested that Janet Yellen would be OK. Now here is another argument that unfortunately makes a lot of sense. Clearly, whomever is ultimately chosen by Obama is going to have a huge impact on global …
Continue reading The New Fed Chair Should Not Be One of the Usual Suspects
My Comments: You may ask yourself why, as a financial advisor to individuals and small business owners, would I care about what happens in Egypt. Your are right in that whatever happens in Egypt is not going to greatly influence how you and I live our lives here in north central Florida. But it matters …
Continue reading Barack Obama Declines to Correct His Egyptian Mistake
My Comments: You should first note the date when Jeff Benjamin posted these comments. For whatever reason, I saved them and decided this morning would be a good day to bring them to the table again. What is happening to the DOW and the S&P500 and Russell 2000 is a good thing. In the short …
My Comments: You will note to the right of my image as you look at this page a comment about my professional objectives as a financial planner and consultant. None of us live in a vacuum where we avoid the influence by what we hear on TV, what we read in the papers and somehow …
Continue reading Prospect of Financial Crisis Tops Fears of Pre-retirees
Nothing sets friends and family at each others’ throats more than a fight over money. Make it a dispute over a will and the fun really begins. As a insurance agent and financial planner for many years, I can attest to the change in attitude that typically accompanies those in the next generation when someone …
Continue reading 8 Big Estate Battles of the Rich and Famous
My Appologies for no post yesterday. I had the pleasure of having a kidney stone surgically remove. Those of you who have had kidney stones know how much fun I had. When I entered the workforce many, many years ago, I think the minimum wage was $1.75 per hour. Everyone screamed that it would put …
My Comments: Readers of this blog know that while I support PPACA, I know there are flaws and that over the next ten years or so, it will morph into something different than what it is today. But that DOES NOT mean it should be repealed. It was absolutely critical that an alternative to what …
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