Spotlight: Unwinding the Tangled Hedge

Prop it up, prime the pump, hedge the crisis… by any name the papering of the US economy and banking industry since the early 90’s has solved nothing and our problems are now larger and more unstable than ever.

The problems causing the housing crises of 2008 have been sated[1] for a decade, but never solved.  Now, as the Federal Reserve begins raising interest rates and unwinding the mountains of debt on their balance sheets acquired to infuse the US Treasury with liquidity, the flimsy foundation on which it is all built looks to be shivering with stress.  I’ve heard commentators state that for the Fed to have any cards to play in this game at all, they have to raise rates as quickly as possible so that they can lower them again.  At present, with rates still lower than any other period in the history of man, they have almost no room to do that.  Its as if they think that raising rates while people are still struggling to catch up from the difficulties of the past two decades won’t cause problems!  Well, it won’t cause problems for them and their friends… Continue reading “Spotlight: Unwinding the Tangled Hedge”

Wealthy And Rich Are Not The Same! Part 2

Once you have your own wealth which you create by learning how to save, the choices for investment vehicles that both protect your capital and make it grow is the next dividing line between those who have wealth and those who create financial riches.  The larger you grow your wealth, the better financial ‘games’ you are permitted to play.

An accredited investor (individual), a person with a $200,000 annual income track record ($300K combined spousal income) or a million dollar net worth, is a ‘legal status’ in the investment world as defined by the Securities and Exchange Commission (SEC)[i] where certain investment vehicles, heretofore unavailable, become available.  It would actually be a breach of ethics and illegal in certain instances to offer such investment opportunities to individuals that do not meet the standards.  Why?  In many instances the investments offered at this level involve a degree of risk that a non-accredited individual could not financially reconcile, or perhaps survive, if the investment went poorly.  Simply put, the average person could not afford the loss, whereas the accredited investor could financially recover due to a significantly higher cash flow.  That is not the asset class I work with as a wealth advisor.  I’m simply pointing out that such things are in fact possible and available. Continue reading “Wealthy And Rich Are Not The Same! Part 2”

Oh, Not So, Mr. Ramsey!

I agree with many things that Dave Ramsey says, this is one of those rare, yet glaring exceptions.

On a Facebook Meme this morning, Dave Ramsey issued, “Debt is dumb.  Cash is king.”  Without further explanation, I must take an exception to this blanket statement.


Continue reading “Oh, Not So, Mr. Ramsey!”

The Newscast Crap-shoot…

I’ve posted news, that tends to be accountable and accurate, to my website and YouTube channel through RSS feeds and video highlights from independent sources.

If you’re looking for an alternative to being force-fed information from one or two sources with a similar agenda, you’ll find news sources from all over the world on my YouTube channels list, with highlighted videos that I ‘liked’ for whatever reason lined up at the bottom.  The RSS feed on my website lists articles from the most trusted news sources that I have found.  Countries represented are the USA, Britain, Germany, Russia, Israel, and Canada.  I will add more as I find others that pass the litmus test.  I hope you find them as valuable a source of information as I do. Continue reading “The Newscast Crap-shoot…”

The Set of the Sails…

calculatorWith a new website and focus, I've swapped my marketing focus and website from book, or even my services, to myself.

I can offer many things from helping a family protect their wealth from market crashes, to passing more wealth onto the family avoiding taxes, to helping people learn basic financial management skills with my book and lecture series. Although I'd like my book to succeed because of what the skills learned through it can do for families, our nation, and the world at large, I'll leave it to my friends and clients as to what I can help them with that they'd like to hear about and pursue.

Ella Wheeler Wilcox wrote in her poem, One Ship Sails East, '...'Tis the set of the sails, and not the gales, that tells the way we go'. To that end, I've set my sails to carry me toward a rising sun and a new day.

Join me, won't you?