Financial Planning Blog

Friedman on Obamacare

Last Monday marked the deadline for new sign-ups under Obamacare. On Tuesday, April 1st, Andy Friedman appeared on CNBC to discuss the future of Obamacare and the effect it is likely have on the mid-term elections. You may view the segment below.

Three (current) Reasons to Own Precious Metals

Hedging geopolitical tensions

Does watching news about Vladimir Putin's Ukraine policies make you nervous? What about North Korea's most recent missile testing? Do you find yourself becoming increasingly anxious when you hear reports that ATMs are in danger of being hacked (see video #2 below)? These are just three current news items that argue for holding some precious metals in your investment portfolio. These are in addition to longer-term reasons such as the continuing devaluation of the dollar, the massive buildup of global debt, and the increasing risk of hyperinflation.

Read more: Three (current) Reasons to Own Precious Metals

Learn How to Reduce Financial Worry

Retirement Planning Seminar Addresses Four Concerns

Financial planning for high-net-worth retirees is not what it used to be. Increasingly, even seniors with assets of $2-5 million wonder if they will run out of money during retirement.

Why are the affluent worried about money?

It is the result of:

Read more: Learn How to Reduce Financial Worry

Has Silver Lost Its Shine?

(Note: This is a modified version of a letter that was emailed to clients of Brock and Associates on January 18, 2014).

Last year was one of the worst years for precious metals in a long time. Specifically, with regard to silver, specifically, its drop is not surprising given its tendency for negative correlation with the stock market (This is one reason we recommend it). Its price decline has created a silver buying opportunity. Let's take a look at why we believe this is the case.

Read more: Has Silver Lost Its Shine?

A Different Explanation of Obamacare

For those seeking a different explanation of why Obamacare has had difficulty gaining traction, the Federalist Papers Project offers this video.

Will the Real Economy Please Stand Up?

Most days, I love the Internet. But, occasionally, I long for the good ol' days when keeping up with the news meant getting an early morning delivery of the Wall Street Journal.

Everything is faster now, and "everything" has expanded. There are so many news sources, bloggers, newsletters, commentator, and others, that it can take a considerable amount of time to check in with all of them.

Read more: Will the Real Economy Please Stand Up?

Will We Relive the 1930s ?

IMF working paper not encouraging

Are we in denial? It would appear so. In an International Monetary Fund working paper (Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten) the abstract begins with, "Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts."

Read more: Will We Relive the 1930s ?

Are Your Tax Rates Going Up?

If you earn a substantial income, your rates are probably going up—both in 2013 and 2014

During the month of December, there is never a shortage of articles about tax planning and changes in tax laws during the month of December. This year did not disappoint. Here are a few articles that may be of interest to you:

Read more: Are Your Tax Rates Going Up?

"Mr. President, Fox is not the problem"

Fox News Anchor takes on the White House

It used to be (I know, I am showing my age) that the news stations reported the news. Increasingly, reporters are either making the news, or responding to others who attack the way that they report the news. Regardless of one's perspective, the current environment is more interesting to watch.


Trouble in Motor City

Will it spread?

I was talking to a married couple at one of our recent seminars. They were nearing retirement. In today's world, they might be considered financially comfortable, but not wealthy.

They were concerned. They wanted to do "everything right" to avoid slipping out of the comfortable zone. Perhaps you do too.

Read more: Trouble in Motor City