18 Jan 2019

New Study Shows Sen. Bernie Sanders’ “Medicare for All” Is Financially Viable

    A new financial analysis finds that Medicare for All, a bill (S 1804) introduced by Sen. Bernie Sanders in 2017, is not only financially viable, but that it could provide health care for all Americans and reduce health care spending by $2.93 trillion over the current system. The

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17 Jan 2019

Why Teaching Financial Literacy Is a Failure

    In a Jan. 9, 2019 press release from American Institute of CPAs (AICPA), the group lists 10 steps individual investors should take to transform themselves into “a new financial you” in 2019. The CPAs offered the list in an honest effort to help Americans “ensure their financial house

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17 Jan 2019

Investors Lose a Great Friend: Vanguard Founder John Bogle Dies at 89

    Most investors take it for granted that the emphasis on low fees and the benefits of index funds and passive investing were always part of the everyday investment options available to average investors. But that is a mistake. The impetus behind all of these pro-investor products and strategies

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28 Dec 2018

Who Benefits From Trump’s Market Volatility? It Is Not Average Investors

      If people believe the fallacy that Trump is a successful businessman, than his negative impact on the stock market is no surprise. Turmoil in the White House begets turmoil in the confidence of the American electorate, as well as in the financial markets.  Whether it is paranoia

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14 Dec 2018

Groundhog Day in the Financial Industry: Why the Retirement Crisis Is Now Permanent

      On a regular basis, some of the largest investment firms in the industry conduct surveys about the state of retirement, individual investor attitudes and their preference about what they would like from their financial advisor or investment firm. These surveys are often statistically rigorous and authoritative, so

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27 Nov 2018

Trump’s Capitalism Goes on Trial

The Mueller investigation is not only an indictment of Trump and his family, but of any entire economic system. No wonder people are looking for new economic alternatives. Americans have developed an odd fascination with wealth. Most are not sure how vast amounts of money are accumulated and when it

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31 Oct 2018

Does Wall Street Have Something to Hide When It Comes To Social Security?

      On Oct. 16, 2018, Republican Senate Majority leader Mitch McConnell said that due to an increase in the federal budget deficit, Republicans would have to reduce and alter some of the key provisions in Social Security and Medicare.  In his announcement, McConnell said the only way to

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26 Oct 2018

Decline in Housing Sales Also Is Bad For Retirement Planning

Recent reports that younger people (aged 38 to 34) prefer to rent rather than to buy homes is not only bad for the $10 trillion housing industry, but it also is bad for retirement accounts. A new report by the Stanford Center on Longevity found that “the homeownership rate fell

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18 Oct 2018

Protecting Social Security, Medicare, Medicaid: The Keys to the 2018 Election

The scandals, Russian collusion investigation, self-dealing financial transactions, mismanagement, insults to women and people of color, are all trademarks of the Trump administration as they inflame sections of the electorate. But, the one thing that crosses all social-economic and political boundaries is a 83-year-old benefit that is now under attack

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10 Oct 2018

Social-ESG Investing Gets a Boost from the Big Money

Social or Environmental, Social and Governance (ESG) investing is getting more attention from large institutional investors in five parts of the world than it did only five years ago. The trend towards a greater acceptance of ESG investing comes from two separate studies, one conducted by RBC Global Asset Management

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