More proof that Congress is dumber than a sack full of rocks.
Congress is in a mood to “do something”. Better bolt your doors, lock the windows, and hide your wallet.
This spectacle first played out when the CEOs of the major oil companies were pilloried in front of television cameras for having no compassion for […]

Every cloud has its own, unique silver lining.
The banks are in full retrenchment mode, and are proactively shrinking, or cancelling altogether, home equity lines of credit (HELOC) in markets hard hit by free falling housing prices.
This follows closely on the heels of their earlier cutbacks to credit card holders.
Americans love their credit lines, so predictably […]

Time to step back from the minutiae and the mundane to get the big picture.
We are so focused on our problem solving routines as we work through our to-do lists, that we often obscure the major impediments to our success.
Since this is a blog on wealth management, you expect specific direction, and I’ve never been […]

And now, for the latest proof that busy investors are not reading the fine print:
Morningstar analyst Scott Berry, a member of their “bond squad” posted a bombshell on their website June 18, 2008 “Credit Worries Sting Seemingly Safe Government Funds“.
The gist of the article is that Government Funds are not required to hold 100% government […]

You can learn a great deal about how the investment complex operates by watching their television and online promotions.
Implicit in their solicitations is the concept that technology is now at your fingertips that will help you select securities.
You’ve seen these ads. Powerful, multi-screen, real time, multi-variable, multi-colored charts. Perfect for multi-tasking Gen-Y and […]

This week’s Carnival of Personal Finance focuses on “renewal”, something we could all use a little of. In keeping up with the theme, they’ve included last week’s post, Not-So-Slacker Insurance II!
There are plenty of other posts with information about becoming debt-free, frugality, 401K planning and much more. One that caught my eye was a post […]

You don’t normally expect economists to use such blunt language.
You know how it is. Economists are those who secretly long to be actuaries, but feel they may lack the necessary charisma.
This is something all investors must factor into the macro decisions you face: Where and how you live and work. What kind of […]

So, what is it that wealth managers and undertakers have in common?
I suppose it’s the ability to deal with life and death issues in a matter-of-fact manner.
It’s a trait not shared in the general population, where vast numbers are recklessly uninsured or under-insured, and where even the most rudimentary wills are not in place.
And now […]