by Richard E. Reyes, CFP with sincere appreciation to Carl Richards for his insights
I have never had a financial plan for clients that has been right. Its not because I am a bad financial planner but because our life is not lived based on assumptions input into a computer and printed on glossy pages in a binder. Life happens to us all. However, here is what is truly vital about financial planning. Read the rest of this entry »
Prof. Antony Davies analyzes Social Security in the United States through the lens of a typical 22 year old American. Assuming that Social Security is completely solvent, the expected return on investment (ROI) of Social Security is far lower than the expected ROI of a private account. Further, if an individual could hypothetically opt out of Social Security payments and invest the funds entirely in Treasury Bills, the Treasury bills would even yield a greater ROI.
Thanks to www.LearnLiberty.org.
Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism.
Thanks to www.LearnLiberty.org.
by Richard E. Reyes, CFP
As the title of this video states it’s that time of year again. Everywhere you look in the financial media whether it be magazines or TV someone is making their predictions for what the economy and stock market will do in 2012. I actually enjoy this and read many of these predictions which has proved useless time and time again. So to keep with the financial crowd, I too will attempt to make the following predictions for 2012: Read the rest of this entry »
by Richard E. Reyes, CFP
Everyone has heard of a simple strategy “buy low/sell high” meaning sell equities when prices appreciate and buy them when their prices are low. Easy right? Anybody can do that. Well frankly, it is simple to understand, but harder to do when you’re caught up in the stress and excitement of investing. Read the rest of this entry »
Spreading a positive message for investor’s holidays with the three simple rules of investing. Prudent investment strategies share this belief: RETURNS COME FROM THE MARKET. Investors need to own equities, diversify and rebalance.
An interesting lesson on how capitalism actually changed Thanksgiving. Read the rest of this entry »
Here is a terrific explanation of the situation and what the Occupy Wall Street movement is all about. Read the rest of this entry »
Two dozen “patriotic millionaires” traveled to the Capitol on Wednesday to demand that Congress raise taxes on wealthy Americans. Find out if any of the “patriotic millionaires” were willing to put their money where their mouth is. Read the rest of this entry »
