Gary Duell

In another blow to the lousy financial advice promulgated by Rupert Murdoch’s media empire, three major sources have sung the praises of annuities.  Especially significant is how annuities can be used to help delay Social Security benefits to full retirement age.  I’ll give my sources credit for this info.  See the following link:Robert Powell from […]

Go to this link to read for yourself a very intelligent (finally) appraisal of annuities, oddly enough, in the financial press:  http://webreprints.djreprints.com/44207.htmlAdvisers like myself who have been recommending annuities for the last four years don’t need a journalist to tell us how good they are; we have direct experience.  Annuities are ideal for avoiding at

Even an old goat like myself can learn something new (several times a day, as a matter of fact).  Until today, I did not know there was such a thing as the Death Master File.  Although one may think this is one of Satan’s nefarious databases, rather, it is issued weekly by the Social Security

Yours truly used to spout this myth, about betting on the ingenuity and hard work of the American worker, that “productive America”, (which at the time implied Wall Street & the Banksters as opposed to actual workers actually working) would perpetually deliver us the American dream.  I also used to- and still do -issue the

It is clear that Ken Fisher dislikes annuities.  It is also clear why:  they make him unnecessary.What is unclear is, “Then why do investors love them??”  Well because of: Protection of principal Predictable future minimum values Lack of market risk Guaranteed lifetime income Leveraged death benefits for heirs Inflation protection I’m not saying one can

The most dangerous books are those with a lot of truths mixed with a lot of falsehoods.  The ironically named newly published “Debunkery” is one of those books.  Let me focus on just Chapter 16 for which I have particular abhorrence because it contains so much false information that should have been easily researched.  The

At this excellent post, six parallels are drawn between ancient Rome (Which- key point -doesn’t exist anymore by the way, in case you missed the memo) and the USA:http://www.progressivereader.com/?p=812In addition to these six, I would add #0:  Massive and growing income and wealth disparity.  Wealth oils the economic engine and if too much lubricant languishes

Due to complete lack of quality control, Ameriprise (actually its subsidiary broker-dealer, Securities America) was sued by investors when a couple of large Ponzi schemes were told to them by Securities America representatives.  Initially attempting to settle for five cents on the dollar, it appears the ante has been bumped up to about nineteen cents

Unfortunately, this myth is partially true.  Especially due to the manner in which mainstream media portrays what it means to be “wealthy” (having lots of stuff and power), most of us harbor an irrational belief that we, too, have a shot at it.  In truth, it’s a snowball’s chance in hell.Non-mainstream publication Mother Jones, has

I remind you, just to be sure, that these blog post headings are FALSE.  Alright.  According to a recent article at ThinkProgress,  if you have change in your coin purse, you possess more than the combined income tax liability of GE, ExxonMobil, Citibank, and the Bank of America, all of whom recently reported record-breaking profits