Baby Boomers (1946-1964) are now between 56 and 74 years old; at or near the end of their working careers. When it comes to saving and protecting their retirement nest egg, they have very little wiggle room! What if we have a Great Depression type market crash? It took 25 years for the market to return to the all-time high. […]
» Read moreJust before my 79th birthday, I discovered I have cancer. There is an agonizing period where medical professionals determine the type of cancer, has it spread and what options are available. Your mind goes wild while waiting for test results and the big meeting to discuss a treatment plan. During that time, I was contacted by Bruce Horovitz from Next […]
» Read morePundit Bill Bonner’s article about our growing government debt grabbed my attention. “…. When it comes to government debt, the borrower never pays; the feds have no money. The lenders – big banks, investment funds, well-heeled insiders – don’t want to pay. Generally, they collude with the feds to make sure the real cost is put on innocent third parties […]
» Read moreSome of my most enjoyable memories are when my youngest son Drew played baseball. How fortunate we were when an extraordinary coach, Gary Staab, asked him to play for the North Atlanta Mustangs. We spent our summers driving terrific young men all over the southeast. I wish I had taken a photo of 15 teen-age boys sleeping in my motorhome […]
» Read moreIn 2008, almost overnight, Americans were told the economic system was on the verge of collapse and needed a one-time bailout. Congress quickly passed the Troubled Assets Relief Program (TARP). Interest rates dropped to historic lows. This was to jump-start the economy and interest rates would quickly return to normal. Eight years, and several bailouts later, we still have historically […]
» Read moreMany years ago a friend asked, “Wouldn’t you like to be a fly on the wall at your funeral?” We both agreed it would be cool to hear what people say about you when you are dead. Today, in my mid-70’s, having experienced a number of funerals where sociopaths, cheats, and downright jerks are regaled like saints I have come […]
» Read moreSince the August stock market reversal all eyes have been on the Federal Reserve. What will the Federal Reserve (who are more aptly named the Grand Wizards of Economic Theory, or GWOET for short) do to fix the world? Like Merlin the Magician, what magic trick will they come up with to cure the economy, stock market, labor market and underfunded retirement […]
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