My Comments: There is usually a disconnect between how the economy is perceived and how well the investment world is doing. There are three reasons why stock prices increase: earnings, earnings, earnings. If those are doing OK, then the price is going to increase since more people are buying stocks than are selling. Globalization, an …
Tag: Retirement planning
The Crisis of the Middle Class and American Power
My Comments: Yesterday, a friend attended a luncheon where the speaker focused on our “debt crisis”. His position was that it is much worse that suspected, that it approaches $65 Trillion. That’s Trillion, with a “T”. I have no way to know if this is true or not, but to whatever extent it is real, …
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Are Your Clients Better Prepared Than Abraham Lincoln Was?
My Comments: This came as a reminder to me that none of has a contract with God to be here tomorrow, much less a few years from now. And there are things you should anticipate and take care of to make sure your family is not turned upside down when that lack of contract turns …
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Study: Prolonged Low Interest Rates Have Major Impact on Retirement Income
My Comments: I promised a more positive attitude going forward and here you probably think I’m reneging on my commitment. I think of it more as a way to provide readers with an alternative when it comes to retirement income. My wife and I passed a local bank yesterday and they had a sign outside …
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Best 5 Investment Picks for 2013
My Thoughts on This: I guess it’s time to start thinking again. The heavy part of the holidays are over and pressure is building for us to confront the new year. I’m not sure why I’m sharing this with you because I’va also been reading posts by people in the know who made predictions last …
Thought for the Week
Here we are at the end of the year and that means it’s almost time for NEW YEARS RESOLUTIONS! For me, these are always things I’ve been putting off and this is an opportunity to force myself to act! Unfortunately, after a while, they become depressing, since for the past several decades, I’ve never been …
Harnessing the Power of Ritual
My Comments: OK, its Monday and near the end of the year and we’re all tired of politics and conflics involving the Fiscal Cliff. And then that God Awful incident in Connecticut that cries out for someone to show some leadership and force upon us a discussion about guns in this country. Ritual is apparently …
Why I’m Optimistic About The Economy
My Comments: The other evening I was talking with a colleague and our conversation shifted to investments and what’s likely to happen now that ObamaCare is going to happen. We agreed we are likely to go over the cliff without an agreement in place. What does it all mean? He asserted that in few years, …
Forget the Fiscal Cliff: Buy America
My Comments: For the life of me, I can’t get excited about either outcome; over the cliff or not over the cliff. On the one hand, going over the cliff and not reacting will no doubt cause some short term pain but that’s got to happen sooner or later. On the other hand, a short …
Financial Advisors Cling To Failed Strategies, Says Report
My Comments: A quick analysis of a popular chart showing good times and bad times for the US economy should give everyone a better understanding of the advice given by virtually all financial advisors. Unless and until you realize the world today is different from what it was several years ago, you’re likely to take …
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Helping Define Your Financial Future 