One Nation, Drowning in Debt

Debt, in and of itself, if not always a bad thing. For example, China has lent the US many billions of dollars by buying Treasury bonds over the years. We pay interest to China, they in turn get a return on their investment commensurate with the risk they’re taking, and in due time, when the …

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Strike Three: The Next Bear Market Ends The Game

Like a broken clock that’s right twice a day, I’ve been expecting a market crash for going on four years now. Will I ever be right? Most of us in the world of money don’t believe it’s different this time. And while none of us has a crystal ball, we’re almost unanimous there’s a bear …

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Retirees and health care: Here’s what it will cost you and how to prepare

Some will argue that health care is not a basic human right. I disagree. I think that society, you and me and everyone else, has a built in obligation, if not an absolute mandate, to preserve itself. In other words, a biological imperative to bring new humans into society and protect them. It’s how evolution …

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A New Form of American Capitalism

My Comments: I’m a Social Capitalist. I invented (I think…) this term because I’m convinced that unfettered capitalism, the economic model favored by the United States, is doomed. What few on the right will acknowledge is that we already have elements associated with ‘socialism’ built into our lives dating back decades, if not centuries. The …

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Climate Change and Retirement

By Tony Kendzior \ May 20, 2019 Retirement for many is a 30 year trek into the future. And climate change is going to influence how we live those years. Here in Florida, we have 8,436 miles of shoreline. By 2050, experts tell us to expect 3 – 4 feet higher sea levels along the …

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Build an Income-Producing Portfolio

My Comments: I’m increasingly reluctant to suggest what anyone should do with their money. But this article is consistent with what I’m doing with mine. The single most dramatic question when thinking about retirement is ‘Will I have enough money?’. It resonates with almost everyone sooner or later. With so many of us living longer …

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Don’t Be Shocked If Trump’s Economy Goes the Way of Bush’s

My Comments: We can all agree the economics is hard on your brain. There are so many variable and so few constants that talking about it is similar to describing the behavior of cats. Last week I attended a local economic summit where the featured speaker was Brent Meyer, an associate policy advisor and economist …

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