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

0
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

0
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

0
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

0
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

0
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

1
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

0
02 Oct 2018

Making 401(k)s More Attractive to Small Businesses and Workers

Since the first corporate pension plan was created in 1874 by the American Express Company, there has always been a blind spot in how small business owners offered retirement benefits to their employees. For over 70% of business owners, this decision to offer any form of retirement was simple: They

0
30 Sep 2018

Does Politics Have a Valid Role in Financial Services Marketing?

      Traditional marketing theory and business practices have long said that politics and religion should be avoided in daily business practices at all costs. But the new reality is that politics is ever present.  It is now part of social relationships, dating, religion and business. It now being

0
07 Sep 2018

Financial Advisors Should Tell Clients Why Real Wages Are Not Rising

Financial advisors who want to be honest with the clients, should tell them the reason they feel poor is because they are. Real wages and wage stagnation have been developing since the ’70s as a by-product of Ronald Reagan’s neoliberal policies, compounded by the Fed’s view that any wage growth

0