I get asked “money” questions all the time. The most common query by far is: “I have some money in an old 401(k). Do you think you could do anything with it? It’s just sitting there and I don’t know what to do with it.” I hate that question. I have nothing against the person (Continued)
What do you call a man trying to sell ice to Eskimos? “Unemployed”, of course! What do you call a man trying to sell debt to debtors? That would be: “Mr. President.” In his own words: Let’s do more to help Americans save for retirement. Today, most workers don’t have a pension. A Social Security (Continued)
Occasionally I come across something in my industry that can only be the portent of bad things to come. Consider this excerpt from an email I received from my brokerage house: As you may know, brokerage firms will be required to report to the IRS detailed cost basis, gain and loss, holding period and other (Continued)
Let me say from the front end that I am not going to fully explain that cryptic title in this article. For the full explanation of it you will have to agree to two things: First, to read a book that I will provide to you, and second, to sit down with me and allow (Continued)
Some years ago I read a pamphlet entitled The Pension Idea (Amazon says it is out of print, but you can find it by searching elsewhere) wherein the author pointed out the dubious origins, purposes and sustainability of pensions. I acknowledged the wisdom of his assessment, but didn’t think it had much practical applicability to (Continued)
I hate to be alarmist. And no, I am not trying to manipulate you through fear. In fact, my only concern is to protect you and your wealth from the vagaries of the financial markets and the appetite of the ever-expanding government. Recently some news reports have come out stating that the government is considering (Continued)