The Dollar, Deficits and International Trade (for the Yacht-less) Trying to make a topic like this understandable is only slightly less daunting than explaining the meaning of life, but I recently had an insight about this topic that I want to pass along, so here goes . . . I’ve been thinking about all this since the dollar began plunging against the value of most other
Economic Review and Market Outlook Despite an unfolding economic slowdown, a market that is long overdue for a decline, and a real estate market that continues to deteriorate, the stock markets continue to do OK. In the past few months I have come to believe that the stock markets are benefiting from investors who are fleeing real estate and need another place to put their money.
Do We HAVE to discuss this? Long term care, perhaps in a nursing home, is something we all would rather not think about too much. But is that wise? With the average cost of nursing home care approaching $75,000 per year, and round-the-clock home care exceeding that, these costs represent a major risk to many of us. There are two classes of folks who don’t need
Are You Good at Poker? How about investing? Just about everyone knows that three of a kind beats a pair, even those of us who don’t play poker. But as I point out in an example for my college class, it takes a higher level of skill to play and consistently win at poker than merely knowing the relative values of the hands. Where many people
New Tools-Better Strategies In the past year several new investments have come onto the scene that can add a lot of stability to a portfolio while it is working for you. When we know for sure that the market is going to go up, or even go down, investment decisions become easy. But, in reality, the market usually goes both up and down, sometimes within the