My Comments: My grandson was five yesterday. It reminded me of my early days in England and my anticipation of an event that happened every November 5th. Guy Fawkes Day. Fireworks and bonfires and lots of excitement. Here, courtesy of Wikipedia, is an explanation. Also known as Guy Fawkes Day, Bonfire Night and Firework Night, …
Tag: Retirement planning
Crude Oil Supplies Are Enormous
My Comments: If you pay for the gas you use in your car, these are good days. If your life depends on a job in the oil extraction industry, no so good. You can argue the merits, or lack of merits, of fracking, but as the worlds largest consumer of oil, we’re increasingly unaffected by …
Our Place in the Cosmos
My Comments: This has nothing to do with economics or finance or asparagus. Whatever it is that allows me to think about and observe our presence on this relatively miniscule lump of rock in the cosmos we call earth is beyond my ability to understand. This is an image of a tiny piece of sky, …
WHEN You Retire Makes a Difference
My Comments: If you accept that life is finite, then luck and a roll of the dice has a lot to do with how your life will play out financially. Saving and investing for retirement over many years is a prudent strategy. Time is mostly on your side and the compounding of returns can help …
An Affordable Care Act Idea
My Comments: Based on my background in economics, finance and a professional interest in health insurance, on balance I have strong, positive feelings about the Affordable Care Act. Here is one reason why. Our culture has evolved to where instant gratification is in high demand, to where there is an assumption that any solution more …
Should You Pay Off That Mortgage Before Retirement? Not Necessarily
My Comments: In all my years as a financial planner, the mantra has been to make sure the mortgage goes to zero at about the time you retire and quit working for money. The crash of 2008-2009 has made this very difficult for a lot of people. Another strategy, not referenced by Kiesnoski, is to …
Continue reading Should You Pay Off That Mortgage Before Retirement? Not Necessarily
The View From Across the Atlantic
My Comments: Sometimes it’s difficult to see the forest for the trees. When that happens from time to time, it’s helps me to get another perspective. This one is from England. It’s about the chaos in the political party not now in the White House. This party is searching for new leadership and reading this …
Your Retirement Plan Could Be Seriously Flawed
My Comments: I’ve been talking about retirement with clients for the past 30 years. From day one I’ve stressed that I have no idea what I’m having for supper tonight, much less how much money they will need 30 years from now. We can make projections and predictions until the cows come home but it’s …
Continue reading Your Retirement Plan Could Be Seriously Flawed
An Engineer Explains Trump’s Wall
My Comments: For many, a bigger and better wall to keep out undesirable people is a plausible solution. But sound bites are not enough; someone will have to design, build and pay for it. I left out the construction drawings to keep the message more simple, but if you want to see them, go HERE. Ali …
Desperate in Damascus
My Comments: The world is ‘a changin’. This was written just a little over two weeks ago. And now we hear Russia has sent cruise missiles from its’ navy ships into Syria. NATO is paying very close attention, given that Turkey is a member nation; this could get really ugly before its over. By Fred …
Helping Define Your Financial Future 