Last Thursday, the Dow Jones Industrial Average dropped over 200 points, as worries mounted about China’s economy and escalating tensions in Ukraine. CNBC reported that Alan Skrainka, chief investment officer at Cornerstone Wealth Management, pointed to a chart making the email rounds showing the correlation between NYSE margin debt and the S&P, with margin debt […]

How did your retirement account look before 2008? How does it look now? I’ve talked to many folks who say they are just recently getting back to where they were. But imagine what your retirement account would look like if you had never lost any money in the first place. This concept is the subject […]

If you are relying on your 401(k) as your only source of retirement income, take a lesson from 2008. And 2000. And ’87, and ’73, and ’29 and 1907… Just since the late seventies when 401(k)s came on the scene, trillions of dollars invested in this vehicle have simply vanished during market crashes such as […]

The Ill Effects of the Ill Advised Two unrelated reports emerged yesterday about how our health is negatively impacted by the economy. The first may be a bit general and less than scientific; nonetheless, it’s not a difficult pill to swallow.  NYTimes blogger, Nicholas Bakalar, writes about a study published in the February issue of […]

For nearly 17 years, I’ve had the privilege of helping scores of small business owners save thousands of dollars in taxes through unique retirement vehicles and health plans. Similarly, I’ve helped families find affordable individual health plans and term life insurance. In each case, I’ve listened to my client and then made my best effort […]