When you are over the barrel, the goal is to get off the barrel

My Marine Corps drill instructor said it best, “When you are over the barrel being flogged, your goal is to get off the barrel and punish your captor so no one will ever think about doing it again.” Do we have a problem? Bloomberg recently quoted spokesmen from Goldman Sachs and Morgan Stanley predicting oil prices could drop to $20/bbl. or […]

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Want a new car? Hang on it will get interesting.

Seniors and savers regularly lament the Federal Reserve’s Zero Interest Rate Policy when it comes to paying interest on their savings. At current rates a saver who has amassed $100,000 earns enough interest to buy a burger for lunch every day at your nearest fast food joint – as long as you skip the fries. While lenders are punished, borrowers […]

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To Roth or Not to Roth, That is the Question

In a recent article I outlined some virtues of rolling over a traditional IRA or 401 (k) into a Roth IRA. As baby boomers transition into retirement their concern moves from accumulating wealth to keeping it. Today we are going to learn from a professional who deals with these issues regularly – a certified expert. Good friend Jeff White, President […]

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Why would anyone want to run for president?

As I type, the news media is breathlessly awaiting the result of the Iowa caucus. It begins the ritual of citizens believing they are electing the most powerful person on the planet. Each candidate does the same dance. Like Paul Revere they shout that danger lurks ahead. Like Mighty Mouse, just in the nick of time, they are the best […]

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