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Risk Tolerance: Willing, Able, But Should You? 30 Jan 2013 | 01:01 pm

You’ve probably heard, “Your age in bonds” or “110-minus-your-age in bonds” or some other broad generalization.  Or, out of curiosity, have you ever filled out an online risk tolerance questionnaire, ...

Investing Fear, Greed, and the Herd 28 Jan 2013 | 01:01 pm

In his excellent book, “Your Money and Your Brain” Jason Zweig, personal finance columnist for the Wall Street Journal, makes a compelling argument for the premise that when it comes to investment dec...

Schedule Time to Think 25 Jan 2013 | 01:01 pm

I envisioned that when I was no longer on the relentless treadmill of a demanding career, I would choose to apportion my flexible time differently than I do. I am constantly amazed at how common, acce...

Advance Health Care Directives: Part 2 of 2 23 Jan 2013 | 01:01 pm

In my effort to understand the difference between a living will and a health care proxy, I discovered Five Wishes, an advance directive that acts both as a Living Will and Medical Durable POA (power o...

Advance Health Care Directives: Part 1 of 2 21 Jan 2013 | 01:01 pm

Do you have a “bucket” list? Typically, it’s a to-do list of fun things to do before you die. I have a “duck-it” list of “I-really-should-get-around-to-this-someday” projects that I routinely skip ove...

The Fair Tax: Part 4 of 4 18 Jan 2013 | 01:01 pm

A “fair tax” is not a “flat tax” is not a VAT (value-added tax), although some consider the flat tax to be fair and of value.  Got that? A flat tax has a single marginal tax rate applied to (some defi...

The Flat Tax: Part 3 of 4 16 Jan 2013 | 01:01 pm

The first time I remember hearing about a “flat tax” was in 1994 when Steve Forbes launched his Presidential campaign and announced a platform advocating a “flat tax” to replace the stepped marginal t...

Progressive vs Regressive Tax: Part 2 of 4 14 Jan 2013 | 01:01 pm

Regressive taxes are those that take an equal or greater percentage from those with lower incomes as opposed to those with higher incomes. Sales Tax is a Regressive Tax Following is an example for “Ri...

Progressive vs Regressive Tax: Part 1 of 4 11 Jan 2013 | 01:01 pm

Yesterday while buying stamps at the post office [Yes, I still snail mail payments for any services that charge me a fee for paying online!], I bumped into a former coworker, “Ann”, who I had not seen...

Old is Just a Label 9 Jan 2013 | 01:01 pm

“Baby Boomers” is the label applied to the post World War II generation born between 1946 and 1964, individuals now age 48 to 66 who grew up during a period when the U.S. experienced unprecedented gro...

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