An Economic Showdown is Looming

The Keynesians and the Capitalists are heading for an economic showdown at the O.K. Corral. Keynesians believe the central government should control the economic levers affecting the masses. The economy can’t be entirely left up to the free market. Big government believers want the “leaders” determining the winners and losers. Controlling reallocation of wealth preserves the power of the political […]

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Don’t Let Bad Information Doom Your 401K and Retirement Dreams

Investors relying on the mainstream media for investment research better rethink their strategy, and quickly. Garbage in, garbage out can ruin your 401K and destroy your retirement dreams. A recent Gallup Poll concluded: “Americans’ trust and confidence in the mass media “to report the news fully, accurately and fairly” has dropped to its lowest level in Gallup polling history, with […]

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ROMEO Brothers Know Best

One of the first groups I joined in AZ was a ROMEO Club (Retired Old Men Eating Out). Much like my ROMEO friends in Illinois, these guys were real-world hard working businessmen, thoroughly indoctrinated in the school of hard knocks with advanced degrees in common sense. Fostering economic recovery? Since the 2008 market crash our government, led by woefully misguided […]

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I don’t have time to plan – I’m too busy

I hung up the phone and shook my head. I have a good friend (I’ll call him Joe) who talks with me about his retirement fears. He’s in his peak earning and expense years with children getting ready for college. He’s diligent about making his 401 (k) contributions although he is not contributing the maximum. As always, I suggest he […]

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