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Be Wary Of Government Claims These Days

Larry Kudlow, President Trump’s top economic advisor, announced that “the deficit… is coming down, and it’s coming down rapidly” in an interview on the Fox Business Network two weeks ago. He was on the show to promote the positive effects of the tax reduction law that was signed late...

Are Stocks Overvalued Right Now?

“Are stocks overvalued right now?” is probably the second most common question I am asked these days. In the last year and a half the Dow reached a new high over 90 times. It’s understandable that investors are looking for some indicator to tell them in advance whether or...

Two Simple Rules for Safely Managing Debt

I think it’s fair to say that we may be approaching another debt crisis in the U.S. According to the New York Federal Reserve, as of Q1 2018 credit card debt stood at $792 billion, auto loan debt at $1,188 billion, student loan debt at $1,453 billion, and mortgage...

Why Is 65 the Default Retirement Age?

Have you ever wondered why retirement in the U.S. is considered to start at age 65? After all, there’s nothing sacrosanct about that particular age. Most people are capable of working well beyond 65, while many of those fortunate enough to have amassed sufficient wealth prior to reaching that...

Financial Fraud Just Keeps On Coming

There seems to be no end to the creativity displayed by fraudsters attempting to fleece unsuspecting investors out of their savings.  I find it especially egregious when it’s targeted towards seniors and those who have a limited ability to recover.  Human nature can make it difficult for us to...

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