What are ABLE Accounts?
Individuals with special needs and families that seek to help, have long been hamstrung by the Catch 22 of public assistance. If a family provides too much financial assistance, the beneficiary loses access to government assistance. If the family does not help the individual may suffer from lack of access to housing and education. For […]
So You Think You’re Smart
Think Janet Yellen has an easy job? The San Francisco federal reserve has published a web game to let you see how smart you really are. In the game your job is to keep inflation in check and unemployment low by adjusting short term interest rates. The game can help you understand the basics of […]
Talking Heads Fed Watch
Well, we just had another Fed Watch orchestrated by the financial media. Did you miss it. I hope so. The fed did not raise interest rates today in spite of all the speculation by the TV talking heads. I cannot guess the man hours that are wasted pontificating about what the fed should or should […]
What Happens When all the Jobs are Gone?
This image shows the damage that can be done to employees when new technology transforms the way work is done. Self driving vehicles are coming. We are not there yet, but five years ago a self driving car wasn’t even a thing. The most common job in America, the truck driver, is about to go […]
The Financial Olympian
As the Summer Olympics in Rio kicked offed this past weekend, it is time again for us to marvel at the prowess of the best athletes in the world. They deserve all the awe we can muster, training that hard for that long- many of them all their lives- to finally compete for their respective countries […]
Sell in May and Go Away…
How many times have you heard that old adage on CNBC? How’s that working out for you?
Do You Remember?
It was about three weeks ago, June 23rd to be exact, that the fears of the Brexit flooded the markets and it seemed as if everything was going down, way down. Now look at what has come to fruition over the past two weeks. Almost all global markets are trending upwards, especially the US markets, which have seen the Dow Jones […]
Don’t Pick All The Flowers
My neighbors had their granddaughter over this past weekend. She is a cute three or four-year-old who loves running around in the yard and looks to be a bit of a handful. This past Saturday, I saw her run to the front porch of their home and reach out to the roses that grow just […]
The Brexit Chaos
I turned on CNBC this morning to the news that the Brits had voted to leave the EU. The S&P futures showed a loss of nearly 4%. The British Pound dropping by nearly 8%. The announcers are interviewing anyone that will talk about the doom to come. In other words the sky is falling…again. Except […]
Profit Not Politics
We are in the midst of another US Presidential election cycle and again clients are worried about the effect the election will have on the stock market. While nothing can be predicted with certainty, we can look at history to get a feel for what might happen. Since 1944 all presidential elections coincided with a […]
