My Comments: I think I have a vested interest in how the health care delivery system in our country evolves over the next several years. For one thing, I currently have health issues that I'm dealing with, two, I'm a participant in Medicare, and three, professionally I'm very much involved with a financial issue that …
Continue reading Four Things We Know About Health Care Now the Election’s Over
My Thoughts on This: This is an issue that is increasingly complicated. In the "old" days, you simply reached a certain age, signed up, and began to get a check. The size of the check was a function of how much you had contributed over the years. Then there was the possibility of starting before …
My Thoughts on This: The media would have you believe that the “fiscal cliff” is the most closely watched and critical issue on the planet. How else can they promote listeners and eyeballs that result in advertising revenue? For me, it’s interesting but not critical. I think there is likely to be a slowdown in …
Continue reading Tax Increases, Spending Cuts Earn Public Support
My Comments: Not talked about much during the recent election campaign but in the back of my mind as I pondered the merits of the GOP vs Dems. The neo-con crowd who were backing Romney were the same people who pushed as hard as anyone to get us into Iraq in 2002-03 and have been …
My Thoughts About This: Years ago, when I became adept at retirement planning, I had a chart that showed the demographic bubble caused by those born shortly after WW II. We talked about is as though it was a pig eaten by a python, where you could see the “bulge” moving back through the python. …
At Schwab Impact, Chuck Schwab talks alternative investments, one benefit of Dodd-Frank and why he’s willing to write a bigger tax check. My Comments: Most of you know that I'm a center left Democrat. I also pretend to be an economist with a reasonable understanding of economics, finance, and how the world of money works. …
Continue reading Chuck Schwab: We’ll Go Over Cliff, but Let’s Move On
My Comments: While the election is over, and ObamaCare will not be repealed, there is still massive confusion and misunderstanding by all parties about what it all means for you and me as consumers of health care, and the doctors who look after us. Surveys suggest that doctors are very fearful that what had been …
Continue reading 55 Billion Reasons for Consumer-Driven Care
My comments: I interpret the phrase, “money management” to mean everything necessary to help a client get from point A to point B with more money than they started with. All of us in the investment advisory business work hard to understand all the variables, and apply them intelligently to the needs of the client. …
Continue reading What Constitutes High-Quality Money Management?
My Comments: This whole episode is so mindbogglingly stupid that I simply shake my head in dismay. Yes, I know, hormonal activity is not something easily brushed aside, but this is a man with an allegedly iron will whose self discipline is legendary. But, since this is Friday, I’m still exhausted by the recent election, …
Helping Define Your Financial Future 