Feeds:
Posts
Comments

Archive for July, 2011

What The Federal Budget Dilemma Means to You

Posted in Credit/Debt, Retirement, tagged , , , , , on July 12, 2011 | 2 Comments »

This past week I became aware of a website that allowed me to try to balance the federal budget. I decided I would see what this was all about and actually went through the challenge of doing this. You can participate as well by going to www.federalbudgetchallenge.org. I won’t bore you with the options I selected, [...]

Read Full Post »

Chasing Yield will Get You Burned

Posted in Investments, tagged , , , on July 11, 2011 | 1 Comment »

“More money has been lost reaching for yield than at the point of a gun.” ~ (I believe first attributed to) Raymond F. DeVoe, Jr. I don’t envy the financial press. For as much thought that a simple blog takes for me, to have to find new topics to discuss on an almost daily basis [...]

Read Full Post »

Approximately Right vs. Precisely Wrong

Posted in Financial Planning, tagged , , , , , on July 8, 2011 | 3 Comments »

The second president of the United States, John Adams, made a prediction years ago in a letter to his wife: “The second day of July, 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival…It [...]

Read Full Post »

How to Disinherit Your (Step)Children

Posted in Estate Planning, tagged , , , , , , , on July 6, 2011 | 4 Comments »

It’s really simple. Do nothing. That’s right. Do nothing and you will almost certainly ensure that none of your stepchildren will receive any benefit from your life insurance policies, your IRAs, your 401(k)s – nothing. But, you say, I love my stepchildren. I would never want to disinherit them. How could that possibly happen? It’s [...]

Read Full Post »

Spend Smart on Wedding Gifts

Posted in Spending, tagged , , , on July 5, 2011 | 6 Comments »

On June 24, 2011 Andrew Cuomo, Governor of New York signed into law legalizing same sex marriages in the state. While there are strong social opinions on both sides of this issue, it was the wedding industry in New York City that rejoiced. Estimates of what couples choosing New York as their “destination wedding location” [...]

Read Full Post »

Waiting for Pollyanna

Posted in Investments, tagged , , , , , on July 1, 2011 | 1 Comment »

I am wrong. I have been wrong for a while now. This kind of misery is great as long as you love company. Many pundits, including this writer, have been waiting for interest rates to rise since late fall of 2010. Economic strength in the 4th quarter of 2010 portended to the possibility of the [...]

Read Full Post »

« Newer Posts

Follow

Get every new post delivered to your Inbox.

Join 3,152 other followers