Archive for December 2016
This Is A Landmark
When the pilgrims reached Plymouth Rock way back when, do you think they knew busloads of elementary school kids would travel there every year just to stand where they did? Or were they just happy to see land? As we near the end of 2016, we wrap up one of the single-most tumultuous years in…
Read MoreThe Economy’s Hidden Problem: We’re Out Of Big Ideas
The rally continues. Wow… what a run. Many stocks are at their 52-week high as the DOW JONES INDUSTRIAL AVERAGE becomes friends with 20,000. How long until 30,000? While I like the Dow, following the S&P 500 makes more sense as the Dow covers just 30 stocks and the S&P covers the 500 largest companies…
Read MoreCome Sail Away
When we talk elder planning, one of the hot topics is the cripplingly high cost of long-term care. Depending on which site you use, the national average for long-term care is just under $10,000/month. In Philadelphia, the number is creeping closer to $11,500/month. And what do you get for your $11k? A quiet room on…
Read MoreGDP Growth & Tax Cuts
With President-Elect Donald Trump putting together his team, much talk is centered around the 282 campaign promises Trump made on the campaign trail. Many of them centered on growing the economy and cutting taxes. We know that all politicians make campaign promises they can’t fulfill so none of us will be surprised if the same…
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