My Comments: This comes to me from a trusted source in California, a man who for many years has run an insurance agency with a focus on providing clients with good and effective Long Term Care insurance. As my clients age, and those who seek me out tend to be older, questions about long term …
Tag: Retirement planning
The American Public’s Indifference to Foreign Affairs
My Comments: I am almost always amused by those who shout “Take Back America!”. But it’s not really amusing, is it? Take it back to when? Take it back from whom? Before women had the right to vote? When the average life expectancy was about age 50? Many of us, who today are over 60 …
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Retirement Planning for the Very Long-term
My Comments: You have perhaps heard the expression that “... it’s like watching grass grow.” Or perhaps “... it’s like watching paint dry.” I use it when something I’m supposed to be paying attention to is progressing slooooooowly. It comes to mind in the constext of this article which has demographic overtones. Personally, I’m on …
7-Footers In A Sea Of Pygmies
My Comments: Yesterday, I talked about amateurs and professionals when it comes to investing money. About how emotions get in the way at crucial times, often promoted by people who rarely have any reason to say what is in YOUR best interest, only what is in THEIR best interest. If they can persuade you to …
About That ‘Scary’ 1929 Graph
My Comments: So, is it 1929 all over again? Is the world as we know it coming to an end? We're doomed, I tell you, DOOMED!. Well, maybe not. As a financial planner and investment advisor, I try to have something posted about investments at least once a week. I’m not sure if I’m successful, …
3.3 Million Enrolled in PPACA Plans
My Comments: When the PPACA rolled out, most of us in the insurance business, especially those of us with a background in health insurance, knew that it was flawed. We knew that some of it was put together in a hurry under political pressure. While it addressed major problems in the unsustainable status quo, revisions …
Health vs. Wealth: What’s More Important?
My Comments: When I took economics courses in college in the early sixties, there was a common adage when talking about politics and business that you could not, at the same, have both guns and butter. This meant that at our industrial heart, we could either produce weapons of war, or we could produce products …
The Future Still Belongs to the Emerging Markets
My Comments: As someone who has helped clients manage their money for almost four decades, I’m still often caught up in the "crisis de jour", what's happening TODAY, as opposed to stepping back and looking at things from further away. Our society has become obsessed with WHAT IS HAPPENING NOW, and often fails to put …
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Is A Welcome Surprise Coming For Mortgage Rates?
My Comments: There are millions of us who worry almost every day about the state of our finances. And most of us have few clues how to react when we read or hear stuff that seems to be alarming. The default state for us, therefore, and especially with what happened in 2008-09 so close to …
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Why IS The Fed Tapering?
My Comments: Tapering is the term used to describe efforts by the Federal Reserve to slow down the monthly purchase of bonds. They have made these purchases for many months to help prop up the economy and keep interest rates low. It’s an important question for you if you have money in the markets because …
Helping Define Your Financial Future 