Monthly Archives: September 2010

So Do You Still Want to Buy Gold?

Investment Of GoldThis past Friday, September 24, the price of gold managed to break through, albeit briefly intraday, $1,300 an ounce. As I write here today, Monday September 27, it set another record by closing at $1,298.60 an ounce. So the typical question that keeps surfacing among potential investors is whether they should be buying the metal at these levels? The truth is that there is no simple answer to that question and, as in most cases involving investment decisions, it becomes a matter of individual goals and objectives… Continue reading

It is a New Season Again!

Midterm Elections 2010Oh, I know what you are thinking, summer is over and the fall has arrived. However, that’s not what I am referring to at this time. Rather it is the political season that I am thinking about and we know that it got into full swing once we went beyond Labor Day. So this year’s November elections are referred to as the midterm elections since we are approaching the middle of the current term for President Obama. There is quite a bit at stake for… Continue reading | 1 Comment

OMG Our Children are Growing Up!

Little Business Man Looking For JobIt seems lately that I’ve been surrounded by a plethora of good news about my family and friends with regard to grown children. At my age (29) the discussions around friends seem to center around the exploits and travails of our children, now out of college (ok- I’m not 29) and progressing into the real world. New jobs, marriages, children…it’s all in the package. We, as parents, try to help our kids keep on the straight and narrow, but you know the score…what

Do You Understand Why There Are PAC’s?

Politival Action Committee DefinitionYour first question might even be what do you mean by a PAC? Well it is the abbreviation for what we refer to here in the United States as a Political Action Committee. As a member of a number of organizations in the financial services community I frequently find myself receiving something in the mail at dues paying times or occasionally  in a special letter of request to support the efforts of the organization. Just recently such a request came… Continue reading

Thankfully August is Over…But What Is In Store For September?

NYSE August 2010August was indeed a rather abysmal month for the stock markets with performance for the month ranging from minus 4.28% on the Dow to minus 6.22 for the Nasdaq. Ok, I admit it, I took personal sanctuary at the Jersey shore for the last few days of the month. With no television or internet capability where I stayed, it basically offered some good R&R on the beach. But yes, I do have a blackberry and could not resist the temptation to peek at market results. My… Continue reading

Medicare Insurance – Filling The Gaps

Medicare Insurance given to elderly coupleOnce reaching the age of 65, the Government provides you the pleasure of receiving from them Medicare Insurance to replace your personally owned and paid for health insurance policy. The reaching of this milestone means that your monthly expenditure for health insurance, one of the biggest outflows of Americans today, will vastly decrease. However, you must be aware that the Medicare program may not afford you the full coverage that you have been used to with a privately owned policy.

Medigap policies… Continue reading

Traditional IRA’s – Are They For Me?

Traditional IRA, Roth IRA or Shoes?Before we delve into the pros and cons of a traditional IRA, let’s look closely at the question- are they for me?

NO- if you like working so much you have no plans to ever stop

NO- if you never plan to go on vacation or do anything fun-like

NO- if you don’t like the sunlight and plan to arrive and leave work in the dark

Get the picture?

We meet with clients who have sacrificed for decades to diligently save… Continue reading