Remember the Primal Scream? (Not the Scottish rock band) The theory was that if you’ve been repressing your emotions so completely and severely that you don’t even know how you feel in a given situation, letting it all out in a therapeutic setting can be beneficial. I think the title of this post is a solid …
Myth: Venting Our Feelings is a Great Way to Appreciate the Good and Bad in Life Read More »
Frank is a brilliant, hyper-energetic, engaging presenter and teacher. I’ve attended a couple of his seminar trainings back East. We have completely opposite personalities- I’m fairly quiet and enjoy solitude -but Frank provides a great deal of value to all types of people. I highly recommend his books on doing seminars. But frankly (!), his …
Guest Column in the No Myth Zone by Frank Maselli Read More »
I think that the practice of appreciating the good things is essential when we’re bombarded with “news” all day. Here’s what one of my readers has been working on in 2023: Here’s what I’m seeing in the headlines: Markets are volatile. The economy is slowing down.1 Many Americans are feeling pessimistic.2 Experiment: If you click …
Today’s myth is from Paul Krugman’s erroneous How not to Panic About Social Security (2-28-23). (A far more accurate, complete, useful and relevant take can be found at https://socialsecurityworks.org/). Sloppy articles like this on such an important topic are my pet peeve. First error: “I haven’t studied the detailed history of the program’s origins [that would be advisable next time, Paul], …
(This post is copied from IRS’s Tax Tips newsletter) Issue Number: Tax Tip 2023-38 ___________________________________________________________ Don’t fall for these federal tax refund myths. Once people complete and file their tax return, many of them eagerly await any refund they may be owed. No matter how a taxpayer plans to use their tax refund, knowing fact …
In general, yes, you can trust a fiduciary adviser with your money. But why would you?? Weekly, in the many financial journals I read, are one or more news stories about “financial advisers” who have outright stolen their clients’ money. Here’s an especially egregious one involving the elderly: https://www.financial-planning.com/news/ex-lpl-advisor-bradley-a-goodbred-charged-with-felonies And this one involving twin brothers …
MYTH: I Can Trust Licensed Fiduciaries With My Money Read More »
This is a myth based on falsehoods circulated by, of course, large powerful companies who are not ESG in their practices. To appreciate how false this myth really is it is important to have a basic understanding of what the term means. The following summary was written by ChatGPT using the query “basics of ESG …
Why ESG Investing Isn’t Just Feel-Good Social Engineering Read More »
Yes, Suze Orman is a myth, writ large. And much of what Suze Orman says on Oprah.com is mythological. I was especially taken aback by this interview done on Oprah.com. As far as I know, she hasn’t changed her tune. I almost hate to respond to it and thereby increase its exposure. But I feel …
I like this quote from Neil deGrasse Tyson’s new book, “Starry Messenger” regarding the media’s market comments. “The major averages rose on Friday extending Wall Street’s strong rallythis week despite inflation hitting a 39-yr high.” (CNBC) He continues. “But if they were being honest they would say: The market rose today. We have no clue …
This post is not a myth. It’s a more thorough response to a question asked at the end of my last two-hour Social Security class: “What are the things Social Security can’t tell me”. This question has been asked once before, probably intended as a “gotcha!” but I was baffled both times, having just spent 90 …