Financial Talk | Saturday Sep 16, 10AThis is not going on YouTube, the broadcast will be exclusively on gh2benefits.com. I fully expect that broadcasts will be presented here, and only highlights on YouTube.It will take one hour only. I have changed this to an open...
Theory Has LimitsIt is my very biased view that people should be guided by those with the best understanding of theory. There needs to be a starting point, so that when theory breaks down, or developments arise, you can get the correct explanation, not some fairy tale...
Theory Alone Does Not Pay BillsWhat is it really worth? Mr Market doesn’t care what I think.There is reason that the Silicon Valley Bank saga was important, it shed light on the fact that banks have a lot of assets (commercial real estate), which, in theory, are worth...
Special Guest: Anne Lester, Former Portfolio Manager, JPM target date fundsOnly one topic today, I have been waiting to post this. Please bookmark and save the link to this video broadcast. It is so jam-packed with information, it will be difficult to digest...
Fitch Downgrades US Debt: Does It Matter?Confidence and correlations (the glue) matter, the actual downgrade doesn’t. If the US actually defaulted, then candidly speaking, then salt would be the new money. Never say never, but the fact of Fitch downgrading US...
Summer Reading List: A New EntryCheck out this book by clicking on the Jae’s Corner Amazon reading list: click here. You can safely presume that the academic, theoretical principles in this book are fully considered, and incorporated into the guidance we provide. A...
Medicare Part D Will Save Thousand$ For SomeMedicare Part D has some crazy, complicated math involved. There is the out-of-pocket cost, which is how much you pay at the cash register. There is another number, TrOOP, which adds the discount (75%) that the...
The Agonizing Lesson From WimbledonHere Is What People SayI’ll get around to it laterThat won’t / can’t happen to meI have the money for that, I don’t need to consider this other stuffMy opportunity will come againFull credit to Carlos Alcaraz, 20 years old, who beat...
Mr. Market Has Given Many People A GiftThe market is higher in 2023, that is clear. Balances have not returned back to 2022 levels, unless you have been almost entirely in semiconductors and the largest Nasdaq companies (META, NVDA, MSFT, AAPL, TSLA, GOOGL). Even with...
Who’s Afraid In Financial Markets? No One, ApparentlyHere’s when diversification works, because the glue is holding the pieces together, allowing greater allocation to the risky asset classes.When add up the two graphs, then higher markets is not difficult to explain....
The Ballooning Costs of Long-Term Care: A Comprehensive AnalysisIntroduction:There are many key findings and insights from the article "The Ballooning Costs of Long-Term Care" published by the American Action Forum (link). This informative piece sheds light on the...
Protected Lifetime Income Study Disclaimer: I am an Education Fellow at the Alliance For Lifetime Income. It’s a groundbreaking piece of research, really. It’s clear that people want a protected lifetime income, are they getting the information and advice they need to...