My Comments: How is your money growing? Is it growing? Do you care? Are you prepared for pain when it stops growing and shrinks, perhaps dramatically? As a professional in this world, I’ve long since given up worrying about this. All anyone can do is pay attention, or pay someone to pay attention for you. …
Tag: Retirement planning
Luddites Fear Humanity Will Make Short Work of Finite Wants
My Comments: A conversation yesterday with a good friend resulted from her comment about the absurdity of Obamas’ suggestion that college education should be free for all students. Mindful that some of them will not qualify, and some will not want a college education, I argued that it was a great idea, that many employers …
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Where Is the Prudence in Macroprudential Policy?
My Comments: A warning: this post is about economics and what our financial future might look like. If you can’t stomach this stuff anymore, then please don’t read any further. But you better hope that whomever sits in the White House the next go round understands it. A version of this article first appeared in …
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Social Security: Stronger Than Most Realize
My Comments: This article was directed at advisors who provide financial advice to those who are starting to take their Social Security benefits. This includes me, both as an advisor and recipient of benefits. I’ve long maintained that periodic tweaking of the rules, similar to what has happened in the past, will serve to make …
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Death Is Not a Treatment Failure
My Comments: Many years ago a physician friend and fellow golfer told me that when you go to a doctor for a routine physical, it’s his or her job to find something wrong with you. If you don’t want to find that something IS wrong with you, then don’t go. But as the years pass …
Get Ready For The Biggest Margin Call In History
My Comments: Like a broken clock that is right twice every 24 hours, I’ve been talking about the probability of us having a severe market correction for the past 12 months or more. It’s obviously not happened yet. But every time I turn around, there are new observations from people who understand this better than …
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The Middle East, Iraq, and the United States
OK, you’re sick and tired of this issue and want it to go away. But it never does and it may never, at least not in our lifetimes. So I challenge and urge you to read a recent interview and the comments made. As someone who started life amid bombs raining down from time to …
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Rioting In The Streets Of Gainesville?
My Comments: The blog post title above comes from me; the one that actually accompanied the article is Public Pensions Face New Challenges As We Live Longer. Huh? As a financial planner, I try to make people aware of the existential threats we face as we all grow older. These threats are things that “might” …
‘It’s the Weather…!’
My Comments: The cacaphony of negative comments by Republicans about the Obama administrations efforts re the economy used to be deafening. Now, not so much. As an economist, I’m sensitive to the fact that there are too many variables at play to attribute success or failure to an individual in the White House or to …
Dear Future Me: Please Listen!
My Comments: There's a pharase about not letting the closing door hit you on the ass as you leave the room. It's also a metaphor for life. April 6, 2015 By Bob Seawright Bob Dylan hit on a universal truth when he sang about his son and the attraction of remaining young. May your hands …
Helping Define Your Financial Future 