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 …

The Mythological Suze Orman Read More »

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 …

Midterms & Gratitude Read More »

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 …

Things That Social Security Can’t Tell You Read More »