Simple Practices that Lead to Wealth
There are some very disturbing trends that seem to be gaining momentum. These trends could have a negative effect on our ability to compete in the world marketplace.
The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama today. Anyone who follows my blog has heard me clamor for years about the need for these types of reforms. And, although this bill is far from perfect, it is very comprehensive and it addresses most of the critical …
Continue reading “The Benefits of Financial Reform”
I just had an interesting comment debate with my buddy Matt over at the Online Investing AI Blog. Matt’s a big fan of derivatives and a laissez-faire kind of guy. He views government regulation with a heavy dose of skepticism. I am not a big fan of cumbersome regulation myself. But, I have become firmly convinced …
Continue reading “Why Banks are out of Control”
Every couple of years, I am approached by someone who has recently become employed in the financial services industry. This is usually a friend or former coworker, who is working through their warm market, looking for candidates to sell financial products. This year, the approach seems to have evolved, because I was contacted via Facebook. I immediately suspected …
Continue reading “My Visit with a Financial Advisor”
This is my favorite time of the year. Not only has summer arrived, but it’s graduation season. It’s my chance to impart some nuggets of wisdom onto impressionable graduates. To those who seem genuinely interested, I usually provide a brief run-down of the five most important things to avoid. 1. Divorce According to DivorceRate.org, it …
Continue reading “Five Huge Money Pitfalls”