Yesterday the WSJ ran the headline “Stocks Snap Losing Streak”. Of course that’s good news as it means the economy is finally picking up, right? The long financial slog might be coming to an end as consumer confidence builds, NFL refs get back on the job, and the positive rhetoric of the Presidential race renews […]
It wasn’t supposed to happen that way. The Jets were spectacularly bad in their preseason. The first team combined for a total of ZERO touchdowns, and the rumor mill had plenty of grist for the demise of the once mighty. Misery possessed a firm grip on the headlines. (Which, for some reason, is a state […]
The political season is reaching its zenith with partisan spin galore and the continual entrenchment of political bickering as the new morality. Now that the point-counterpoint-spin cycle has shown to be successful, it was only a matter of time before we see seepage into other industries. Enter the retirement business. Point: The DOL recently released […]
The Clinton-Bush-Obama- errr… Paul Ryan Retirement Dilemma Surprise! The pundits have jumped on the opposing party to denounce its fiendish economic plans and the Armageddon inducing consequences that will occur as a result. A similar thing used to happen in my house when it came time to decide on a summer outing. The scenic drive […]
Ready Player One You’re staring at the screen. The words pop up, and your pulse begins to make a move north. “You must avoid the Black Swan at all costs. Failure to anticipate the arrival of the Black Swan can lead to irrevocable losses.” Your fingers begin flying at the keys. The controls are wonky, […]
‘Twas brillig, and the flicky leaders Did maxi and move in the browse: All downy were the shorteaters, And the bearees did grouse. “Beware the Hedgeefun, my son! The urge that rides, the trends that catch! Beware the Upward Ride, and shun The frumious Panickrash!” He took his wirless mouse in hand: Long time the […]
The Wall Street Journal reported today that two self directed IRA custodians are facing a major lawsuit. Entrust and Equity Trust are being accused of not performing due dilligence when approving financial advisors, as well as outright fraud by misrepresenting individual client accounts. However the dust eventually settles, one thing remains clear: it behooves an […]
IRA, who made thee? Dost thou know who made thee? Gave thee funds, and bid thee feed By the market on the street IPO’s, dot coms galore Stocks the traders swore would soar Gave thee funds, large cap and small T-bills that could never fall? IRA, who made thee? Dost thou know who made thee? […]
