The Austrian School of Investment Thought
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Inflation: Getting Your Hands on the Money First
Is wealth disparity the cause of economic problems, or are economic problems the cause of wealth disparity? The default government response to economic and financial troubles is to inflate. Just because there is not a rise in consumer prices does not mean that inflation is not present. Financial asset inflation is every bit as destructive … Continue reading
Understanding Medicare
Medicare is a federal program that provides health insurance to retired individuals, regardless of their medical condition, and certain younger people with disabilities or end-stage renal disease. Here are some basic facts about Medicare that you should know. What does Medicare cover? Medicare coverage consists of two main parts: Medicare Part A (hospital … Continue reading
Friday Humor: The Complete Book of Golf
Chapters 10 and 14 are my personal favorites Chapter 1 How to Properly Line Up Your Fourth Putt Chapter 2. How To Hit a Nike from the Rough, When You Hit a Titleist from the Tee Chapter 3. How to Avoid the Water When You Lie 8 in a Bunker Chapter 4. When to Give … Continue reading
Keep an Eye on China
A good (despite the hyperbolic headline) post on Zero Hedge this morning about the Trump administration cracking down on trade issues with China: Trump to Launch Trade War With China on Friday, Beijing vows retaliation. As we mentioned shortly after the election in Chines Currency Manipulation and the New “Giant Sucking Sound”, trade relations with … Continue reading
Business Succession Planning
When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest to family members, co-owners, employees, or an outside party? The key … Continue reading
Social Security and Medicare Trustees Reports: Financial Challenges Continue
Every year, the Trustees of the Social Security and Medicare Trust Funds release reports to Congress on the current financial condition and projected financial outlook of these programs. The newest reports, released on July 13, 2017, discuss the ongoing financial challenges that both programs face, and project a Social Security cost-of-living adjustment (COLA) for 2018. … Continue reading
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