Don’t Read This If You Would Enjoy Old Age Poverty: The lack of saving and investing now could ruin you later
Social Security is the primary income for millions of elderly Americans. The average Social Security payment is about $1,400 a month or about $16,800 a year, according to the Social Security administration. Millions of elderly Americans, who believed that the government would take care of them, only have Social Security as their income source. Many…
Regulatory Decision Is “Moronic,” Attorney Says: Excessive rules and regs can add ridiculous costs and hurt the small firm, securities pro says.
Dickens once wrote that the “law is an ass.” Today, in America, many people, feeling the burden of intrusive, excessive, yet often ineffective regulatory authority exercised by men and women not elected, express a similar sentiment. They believe the regulator is an “ass.” One such maverick is a securities industry gadfly who is very critical…
The Roadmap to Success in 2018
How do people succeed? How is business or individual success achieved? What are the common characteristics? Well, quite often, those who ultimately achieve a lot begin by falling on their faces. Why? In failing you learn valuable lessons. You don’t quit just because you initially fail. You keep going. These are the life lessons offered…
A Socialist America?: The Bernie Phenomenon
Bernie Sanders, failed democratic presidential candidate in 2016, not only wants a much bigger federal government—-he believes in American socialism. But he argues in a recent book for an America collectivism without saying he is a socialist; a smart but dishonest strategy. That is why he is in the Democratic party and not trying to…
More Right Than Wrong: The New Tax Package in America
Lower taxes are almost always a very good thing for a nation’s economy and that is what Americans just got in their Christmas stockings. As this entry was finished, Congress gave final approval and President Trump’s signed into law a big tax cut combined with an extensive change in the tax code. I see both…
A Not So Merry Christmas Coming in Many Households: Maybe it’s time to forget about that overpriced gift for your significant other
It’s going to be a lean Christmas for a lot of Americans. And that’s despite record low unemployment and interest rates, economic indicators that normally provide Americans with the holiday cheer to open their wallets and purses. That’s because several polls are finding Americans are going to think twice about big holiday gifts this season.…
