The only potential “crisis” is that most people are doing just fine with 17% of the government shut down. God forbid the nation gets by with less government spending. Like a household after a pay decrease, spending priorities need to be made to make do with the money that is coming in. The U.S. Government […]
The last time the federal government shutdown was back in November 1995 and the Dow Jones was at 5,074. Three years later it was up to 9,100 (UP 80%). The Newt Gingrich led the Republican House of Representatives to battle on Capitol Hill to reduce government spending. When the previous fiscal year ended on September […]
Any retirement plan worth a grain of salt addresses the potential cost of long-term medical care. You or your spouse are very likely to need some sort of personal help getting along during retirement. Whether the help comes to your home or you live in an assisted living facility, the potential cost is VERY high. […]
The number of people in our country receiving redistributed tax money from tax paying citizens is growing at a record rate and the new healthcare law will dramatically grow that number. It is very sad that: Food Stampers have exploded(1/6 of adults) Total Unemployed – nearly (14%) Medicaid & Welfare recipients at record highs (over […]
Kids have always been sponges when it comes to learning from their parents. As an adult, I can reflect on what I learned from my mom and dad. I admit (and am proud of) that I’m a lot like they were/are. Unfortunately, I’ve spoiled my kids more than I should have and am paying the […]
As a kid, I dreamed of being “a millionaire”. I figured I would be a professional athlete and make $100,000 per year, buy a mansion for my family to live in and be famous. Back then, (early 1970′s) it was a BIG DEAL to earn $100k in a year. Pete Rose, the all-time baseball hit […]
I’ve heard that public colleges continue to raise prices dramatically while many private schools are offering discounted prices. WHAT HAVE YOU HEARD OR EXPERIENCED? Please respond in the “reply” section at the bottom of the page. Also, see what others have spent on college. I have three kids that will be there soon as well […]
I got a call from a panicking client last week regarding the drop in his account value. I told him bond prices have been headed down. “What about stocks”? he asked. Whoops, I thought when stocks went down, bonds were supposed to go up in value to offset the stock loss. Lately, that has not […]
Liberal pension excesses are now jeopardizing liberal priorities. From WSJ 8/12/2013 The crisis of liberal state and city government is arriving, with Detroit in bankruptcy and now no less a Democratic potentate than Mayor Rahm Emanuel warning about the fiscal mess in Chicago. The partnership of public unions and liberal politicians is hitting the wall. […]
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