My Comments: Amid all the hubbub about The Donald, ISIS and Christmas, this report has gone mostly unnoticed, but it has huge implications for our children and grandchildren. Since 1946 and the ending of WW2, American society has grown more prosperous and economically successful than any society on the planet. If you measure success by …
Tag: Retirement planning
A Wicked Wind Will Blow In 2016
My Comments: Are you wondering about your investments going forward? This will give you pause. Dec. 4, 2015 by Bret Jensen The market had a huge rally to end the week and clawed back Thursday's large losses. The trigger for the rise was a better than expected November Jobs Report that also had an upward …
Edwin Hubble’s Birthday
I'm not sure how many more I will have, but their celebration as a recurring milestone in life is a good thing. Among my daily pleasures is checking a website with an image of cosmic interest. An image like this one, for example. Virtually every speck of light, including the swirls and blue, smudgy spots, …
Always Think About Inflation
My Thoughts About This: Inflation is one of those existential threats I always talk about with clients. But it’s like watching a car rust. You simply don’t notice it on a daily or monthly basis. But the Oh MY God inflation that happened to the Weimer Republic in 1921-24 or perhaps more recently in Argentina, …
China’s Currency Conundrum
My Comments: Our standard of living, yours and mine, used to be a function of how well we built our house and how well we managed to feed and clothe ourselves. That was perhaps 250 years ago, a single blip in the passage of time. A blip later it’s a little more complicated. Among the …
9 Charts Showing Big Global Slowdown Is On Its Way
My Comments: There are two messages here. The first is a global recession is most likely about to happen. The second is the published report has 49 pages with dozens of charts. If looking at charts makes you happy, you will be thrilled. Will Martin Nov. 14, 2015 The Organization for Economic Cooperation and Development …
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A Reverse Mortgage To Protect Your Retirement Income
My Comments: Confused? Skeptical? A normal response. But as someone with 40 years of experience as a financial planner, a reverse mortgage can be a significant tool to promote financial freedom as we live out our retirement years. Nov 11, 2015, by Robert Powell Advisers have long looked down on reverse mortgages: Only the most …
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Fifth Generation Warfare: Follow the Food!
My Thoughts About This: For several years I followed the writings of Thomas P. M. Barnett. About 3 years ago, he suddenly closed his blog. He posted thousands of ideas and articles about global economics and security issues, most of which made sense. I never forgot one of them where he predicted that by 2045, …
Rifleman Victor Gregg remembers WW2
My Thoughts About This: Veterans Day is when we honor and remember those who served their country, both those who lived and those who didn't. When I took my draft physical in college, VietNam was only an existential threat but I was not unhappy to get a 1Y classification. As a result I didn’t serve …
And Now Trucking Is Suddenly Slowing Down
My Comments: Keep in mind the economy and stock and bond markets performance are not necessarily correlated. But there are sure indications the economy, and therefore employment numbers, are going to change. Income inequality will likely get worse. All of this is to help you prepare so your head does not explode. Oct. 28, 2015 …
Helping Define Your Financial Future 