Gary Duell

What are “Socially Responsible” and “Sustainable” Investing?

One of the best online discussions of this issue that I’ve found is at: michaelbluejay.com But the most common catch-phrase (which Parnassus Investments has branded) is “Doing well by doing good”. For long-term investors, SRI & sustainable investing should pay off better than short-term attempts to game all the systems in which business is done,

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What is BAD about annuities?

The Oregon Insurance Division has several excellent publications, including this one on annuities: http://www.cbs.state.or.us/ins/publications/consumer/3494.pdfHere is one page of it, to save you the trouble. See my remarks interspersed: Annuity sales to senior citizens haveincreased significantly in recent years.However, as annuity sales have risen, so has asense of confusion among consumers. This isdue, in part, to

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Myth: Glenn Beck

Yes, Glenn Beck, the one you see and hear on TV is himself a myth, an apparition, a fabrication. As he so aptly put it in a recent issue of FORBES, Beck doesn’t “give a flying crap about the political process [hence, our country] . . . we are an entertainment company”. Got that? Entertainment.

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Myth: Ayn Rand was a brilliant capitalist & counters “Obama’s Socialism”

Any time Glenn Beck promotes a book, I get very curious, especially when written by vastly overrated, disturbed people like Ayn Rand. I read two of her books, “The Fountainhead” and “Atlas Shrugged” while working toward my bachelors degree in philosophy. At the time I likened these ponderous works to pounding a raw egg with

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Myth: The “Patient Protection and Affordable Care Act” is a terrible law

This bill stinks because the Democrats could have easily included some important essentials, including:(1)A National insurance exchange, including a public option(2)Repeal of the anti-trust exemption for health insurers(3)Allowing Medicare to bargain for lower drug prices.Ideally, a national, single-payer system (Medicare for all) would have saved us the most money and left no one uninsured. This

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BOOMERS; you’re more realistic than your parents think.

A study by financial behemoth, Allianz Life, revealed something that surprised me. One of the survey questions asked: Please indicate how important it is for you personally that you receive [if you’re a boomer]/provide [if you’re an elder parent] any of the following as an inheritance. Surprisingly, “stuff” wasn’t at the top of the list.

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