My Comments: With the GOP now controlling the House and Senate, there is increased talk about threats to the Social Security system. After all, this is a socialist program, designed to help the financially weakest among us. I’ve long maintained that small tweaks, similar to what Congress has already done some 20-25 years ago, will …
Tag: Retirement planning
PUNS …
My Comments: For some reason this has been both a stressful and satisfying week. My observation is that progress is being made on several fronts, both personal and globally. It's Friday, and my mind is ready for a little levity. So... please keep your groans to yourself. Thanks. 1. The fattest knight at King Arthur's …
Germany Is Delusional To The Point Of Insanity
My Comments: Assertive headlines such as what you see here are usually outside my comfort zone. For one it implies a pathology that I’m not trained to comment on and two, Europe and European values are different from mine, given that I’ve lived here in the US for the past 65 years. (Warning: this post …
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15 Reasons To Sell Most Stocks Now
My Comments: I’m starting to sound like a broken record. If you are not in a position to profit from a bear market, you need to talk with me. Bert Dohmen, Founder, Dohmen Capital Research Group Jan 15, 2015 The start of the year has been one of the worst ever for the stock market. …
Buy the Rumor, Sell the News
My Comments: As a financial advisor for almost 40 years, you’d think by now I would have this all down cold. That I’ve survived in this profession suggests I have at least a reasonable understanding of how “investing money” is supposed to work. Either that or I’m very good at talking people into doing dumb …
the Future of Medicine is…
My Comments: I claim no authority on this topic. However, because I often work with physicians, I’m very aware of the pressures that apply to the profession. There are many issues on which no individual has any control, one of them the apparent erosion of the profession in terms of college graduates not seeking admittance …
5 Republican Campaign Promises
My Comments: Campaign promises are usually pretty hollow expressions of what a candidate ‘would like’ to have you believe. If you win, then you can be held accountable. If you lose, then they are typically forgotten. Last evening, President Obama gave us his 2015 State of the Union address. I did not watch it. My …
Supply Shock and Awe
My Comments: The driving economic story these days is about the price of oil. That the sudden and dramatic drop will have global repercussions is a given. The challenge for financial planners is how to help clients take advantage of these repercussions. Right now, having a few hundred extra bucks to spend on something else …
Economic Data Releases
My Comments: These data points come from Guggenheim Partners. For some of you this is meaningless nonsense; for others, a quick review is intented to give you a glimpse of what is happening in the world, including the US. To put some of this in perspective, I saw an article this weekend that compared the …
Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
My Comments: This is another example of an article that talks about what might happen to our investments in 2015. For many of us advisors, there is an increasingly pervasive odor surrounding the markets. It has nothing to do with the solid economy developing here in the US. The odor, however, is giving me an …
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