Wednesday, April 1, 2020
I discovered a MarketWatch article by Catey Hill, I’m 53, have $1.4 million in my 401(k), $150,000 in savings and my home is paid off. Can I afford to retire?. The question was asked by (S.D.) a 53-year old (single-mature) woman asking, “Do I have enough to retire and live the life I’m dreaming of?” I […]
Fed Chairman Jerome Powell’s Strategic Plan 2020-23 tells us: “The Federal Reserve Board’s highest priority is to promote a strong economy for the American people by fostering the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems. “The most terrifying words in the English language are: I’m from the government and I’m here to […]
The American Dream is simple: A fruitful career, owning your own home, and eventually reaping the fruits of your labor with a financially secure retirement. Unfortunately, for most Americans, the ‘American Dream’ is turning into just that: A dream. And it’s all thanks to what I call the $30 Trillion Retirement Scam”, you may be […]
What is the Federal Reserve up to? Do they see a huge storm on their radar they are not telling us about? The banking/investment world has changed radically since the repeal of the Glass-Steagall Act allowing banks to merge with Wall Street investment firms. I recently asked, “Will The Next Bank Bailout Bankrupt America?” and followed it […]
I recently asked, “Will the Next Bank Bailout Bankrupt America?”. The casino banks risky derivative bets are much higher than the last bailout a decade ago. The risks will come home to roost and they will expect taxpayers to bail them out again. I concluded: “Keep and increase your gold holdings. True reform would take us […]
My instrument check ride was already scheduled when I got a call from Larry, my flight instructor. He told me to come out to the airport immediately, today would be one of the best learning experiences he could offer. It was a cloudy, soppy, rainy day; nothing going on, so I drove to the airport. […]
A Note from Dennis: I’m just finishing up my break for the holidays, but will be back next week! Hope you and yours had a safe and happy New Year! This article appeared on February 25, 2016. What Do You Want Your Legacy to Be? Many years ago a friend asked, “Wouldn’t you like to be a […]
EARLY FALL 2008 – It was my 50th high school class reunion; a good turnout with classmates from all over the country. We had fun with old friends, catching up on the last 50 years. Ray P. donated the use of his country club for the big banquet, so everyone was dressed accordingly. My wife Jo […]
It’s shortly after 3:00 AM. I’m sitting at the kitchen table. My neck feels like it is on fire; a result of 30+ radiation treatments. I’ve got enough grease on my neck to lubricate the wheel bearings on an 18-wheeler with some left over. Theoretically, it helps with the pain. I unbutton my top so […]
Just before my 79th birthday, I discovered I have cancer. There is an agonizing period where medical professionals determine the type of cancer, has it spread and what options are available. Your mind goes wild while waiting for test results and the big meeting to discuss a treatment plan. During that time, I was contacted by […]
