Author Archives: Gregory Bresiger

Charley Hustle or Charley Scam?

Is Pete Rose a Liar or the Greatest Overachiever in the History of Baseball? A review of a new biography of Pete Rose. Pete Rose: An American Dilemma by Kostya Kennedy (Time Home Entertainment, 2014, 341 pages) ($26.95) This book, which profiles a rags-to-riches through hard work athlete, is certainly one of contradictions. One finishes…

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The Travails of Trading and Central Banking

Street Freak, a Memoir: Money and Madness at Lehman Brothers By Jared Dillian  (Simon & Shuster, New York, 356 pages) $26 Successful professional traders, even when they’re riding high, need another job to fall back on and a medical plan that pays for psychiatric care. They should also understand the power of the central bank. Those…

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The Possible Retirement Planning Solution that Can Blow Up

Many needy boomers facing the golden years are taking the advice of the Fonz and former U.S. Senator Fred Thompson through various tube testimonials. They’re opting for reverse mortgages (RMs) in increasing numbers. Indeed, Inside Mortgage Finance, a trade publication covering the housing industry, recently reported that borrowers took out some $15.3 billion of these…

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A MoneySense Great Dies

He was a remarkable money management guru. Mutual fund giant James E. Stowers recently died at the age of 90. His life and work were in the traditions of Sir John Templeton, John Bogle and Warren Buffett. Starting with very little, he used common sense, discipline and basic money management techniques to build a successful…

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Why People Leave New York and Other Taxing Climes

Some countries, some states, and some cities are enjoying big growth rates and some aren’t. Why? In part, it’s because some politicians are unaware or maybe don’t care about the damage their taxes, work rules and the standard of education——how prepared the average young person is to work after 12 or 16 years or more…

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You’re Coming Up on the Magic 59—- Don’t Botch It

You can give yourself a better chance of increasing your retirement savings even though you may think it’s time to stop saving and start spending. Let’s say you’re coming up on the magic age of 59.5. Why is this a magic age? It is an age, under most qualified retirement plans in the United States,…

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