I used to marvel at how the French had destroyed the entrepreneurial instincts of their youth.
Now, I see the same trends taking place here.
France “protects” its workers by offering, uh….requiring…. lifelong tenure at whatever job one has. It is theoretically possible to fire a worker, but the obstacles are so immense and time-consuming that […]

What to make of the Fed’s rate cut to the 0-0.25% range?
Normally, a cut of 75-100 basis points ignites at least a short term rally…which has materialized, as expected.
This new-found euphoria could last for hours. Perhaps days.
But this is shaping up to be a one-trick pony. Not much room to cut from zero, […]

It’s time to fess up.
In my last post, I listed 10 resolutions for the new year. I only wish I had taken my own advice in the past.
It’s always the shoemakers’ children who run about barefooted.
The Ghost of Christmas Past
Years ago, when I ran my own investment real estate brokerage firm, I […]

Everyone will be glad to put this dismal market behind us and start fresh in 2009.
With just a few weeks left in the year, here is a menu of goals and actions you should start planning for to help you make up for lost ground.
1. Contact your human resources department now…there is often a two […]

So, how exactly does the average person justify their clunky and emotional consumption purchases?
Easy. They don’t call it consumption. They re-label it as an investment.
If only it were that easy.
The case in point today is the resort time-share.
This is an equal opportunity calamity in waiting, that affects the rich and the poor alike. […]

Two major trends will forever alter the healthcare landscape in our economy.
You may ask why a resource like ours, dedicated to wealth management, often detours into the health care arena. For the simple reason that you most likely can’t have one without the other.
Your financial well being is subject to […]

Time for another pop quiz.

Q. Which two asset classes have been most decimated in the first decade of the new millennium?
A. Of Course. The stock market and real estate.

That was easy.

Q. Which two asset classes look most promising in the second decade?
A. That would be the stock market. […]

We may be in danger of running out of asset classes to trash….almost.
Now that we’ve popped the bubble for tech stocks, real estate, commodities, and virtually every global index…not to mention a near lockup on consumer and corporate credit…is there anything we’ve missed?
Oh yes. The art market has also tanked. Russian commodity […]