Free Enterprise System
Let’s bring the term “Free Enterprise System” back in vogue. If you are my age or older, you probably remember the term “ Free Enterprise System” being taught in schools. …
Live Below Your Means
If you would be wealthy, think of saving as well as getting. –Benjamin Franklin Franklin had it right. You can accumulate funds when you live below your means. Savings doesn’t…
Unemployed / Underemployed
What is the unemployment rate? Most people would answer somewhere in the seven percent range. However, this number leaves out the discouraged worker, the underemployed (people who are working in…
The Importance of Asset Allocation
Solomon said that there is nothing new under the sun. I agree with him especially when it comes to investing. Beware of these common mistakes which I have witnessed investors…
Welcome to Economically Speaking
A blog dedicated to commentary on the major economic issues of our day. Monetary policy, demographics and overall market conditions are just a few of the items that will be…
Wealth Management: I Am Living In A Daydream
As the old song says, “I am living in a daydream and am happy as a king”. As you look around the world, the American economy is still the envy…