Much has been written about the increasing waistline of the average American but not as much time has been spent on the state of our financial wellbeing. Just as food with saturated fats and our sedentary culture are harming our health, our consistently low savings rate with corresponding high debt [...]
Decades ago following World War II, these United States were about the only part of the globe left without major damage to the industrial infrastructure. With it and the workforce remaining, we were blessed to be able to produce a fantastic amount of everything known to man and send it [...]
Work until you die or can’t was the mantra for thousands of years. It wasn’t until 1889 that the modern idea of retirement was introduced in the form of pensions by German Chancellor Otto von Bismarck. President Roosevelt didn’t sign The Social Security Act into law until 1935. The life [...]
Many people use the beginning of a new school year like the New Year’s holiday, as an opportunity to think about ways that they can improve their lives through new and changed habits. Let me suggest that rather than making a drastic change that you focus on some small things [...]
Last week Alphabet Inc., better known as Google’s parent company (GOOG), registered a new high in its 12 year history topping $784 three consecutive days. At its offering, you could have bought a share for $50. Google does make a profit in case you wondered. But more people probably wonder [...]
. In the past sixteen years, US investors have experienced two of the worst or most difficult financial market First an investor should decide between two basic viewpoints about markets. During the 1960’s, Dr. Eugene Fama developed the Efficient Market Hypothesis (EMH) as his doctoral dissertation. For [...]
Monday the S&P 500 finally topped its previous high. Yesterday, it added another .7 percent to 2152. It has been a tumultuous fourteen months since the prior high of May 21, 2015. This large cap index dropped over 12 percent to its August low, rose over 12 [...]
Another half year in the books. Another few crises including Brexit, Zika virus, ISIS—the usual threats and problems that inevitably give us heartburn. As Gilda Radnor entitled her book about her life, It’s Always Something. If I ask you what the collective we were worrying about a year ago, or [...]
If I were a betting person, I would put money on your being aware that the United Kingdom is quitting membership in the European Union. I am also reasonably sure that you do not know exactly what that means for the British, the rest of the European Union, or for [...]
As I write today I am listening to Fed Chair Janet Yellen say the same things she has said for several years now: Economic conditions are fairly good although growth is very slow, we can’t determine why things are not better, and we are petrified to let the classical economic [...]
