Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Bob's Blog on Retirement & Beyond

A Danger of Online Shopping

July 28, 2017

That item you buy online could be a counterfeit or fake. That’s the conclusion of a recent study by a firm that helps firms protect their brands. It argues that a lot of the discounted goods being sold by off-brand web sites and discounters aren’t the real things. A recent report by MarkMonitor, a brand […]

Casey Kasem Back in the News

July 28, 2017

The famous DJ passed away in 2014 following a series of public disputes between his wife and adult children from a previous marriage. The children and Mrs. Kasem accused each other of isolating Kasem and mistreating him. Recently, the widow Kasem filed a suit against the children and others for mistreating Kasem and causing his […]

An Alternate View of Corporate Pensions

July 28, 2017

Bloomberg.com published a flashy article arguing that many corporate pension plans are underfunded and employees who depend on them are in trouble. This article disagrees. It says the Bloomberg piece doesn’t address some key points and distorts others. For example, Intel is labeled as the most underfunded o the plans, yet it could makeup that […]

America is the World’s Checking Capital

July 27, 2017

Americans write more checks than any other country in the world, according to this article. It shows the data on check issue worldwide and offers explanations for why Americans won’t go fully electronic the way much of the rest of the world has. “We have probably the most antiquated payment system in the whole world,” […]

Warnings from Howard Marks

July 27, 2017

The head of Oaktree Capital issued his latest quarterly investor memo, and it’s rather gloomy. Marks says this memo is a sequel to memos he wrote before tech stock bubble burst and the financial crisis of 2007-2009. The only good news in the memo is that Marks admits to being early in warning about those […]

Why No One Was Prosecuted for the Financial Crisis

July 27, 2017

There’s a new book out that tries to explain that headline. A good summary of the book is here. It’s part of the cycle of government in general and prosecutors in particular. At first, there’s laxity, ignorance, and perhaps a lack of tools. After a while, it is decided government has to do something. Then, […]

Famous Bad Market Calls

July 26, 2017

We’re moving through a series of 10-year anniversaries of various milestones related to the financial crisis. This quote is from a real estate economist who thought real estate might have reached a bottom 10 years ago.     […]

How Money Increases Happiness

July 26, 2017

This article reports on several surveys in which researchers tried a new way of seeing how money might increase happiness. The researchers gave people money they could use to pay people to do tasks they found unpleasant. The finding was that using money to create leisure time and avoid spending time on unpleasant tasks increases […]

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