Monthly Archives: March 2012
Dear Governor Crist, What about the Snowbirds?
Dear Governor Crist, What about the Snowbirds? At the risk of losing your interest in continuing to read this, I am a Canadian, a Snowbird, and not a homesteader. I enjoyed wintering here over the last 5 years, but I no longer feel welcome in Florida. I listened last night to you and Senator Atwater […]
“Snowbirds say they get cold shoulder on taxes” (Interviewed by Geoff Kirbyson in The Bottom Line,September 2007)
“Snowbirds say they get cold shoulder on taxes” (Interviewed by Geoff Kirbyson in The Bottom Line,September 2007) “The voters who could stop the elected officials from having this very large increase in spending, they didn’t care. The snowbirds, who were shouldering the increased load, couldn’t vote. Politicians were pandering to voters, with sentiments along the […]
Asset Allocation II
(Originally posted October 28 2009) “There is only one free lunch in investing, and this is asset allocation….Over time, it consistently leads to higher returns and lower risk.” (“Krawcheck stakes her new claim” This blog should be read in conjunction with the Asset Allocation blog under the Education tab of this website. The objective here […]
Pension Roundtable: Pension/Retirement Plan Reform
Pension/Retirement Plan Reform One of the interesting topics at the CFA conference that I recently attended was the topic of required pension changes to be implemented urgently with the accelerated unraveling of the defined benefit (DB) plans, the misapplication of the defined contribution (DC) plans and the often mentioned inadequately funded Social Security liabilities. At […]
Tax system is not just ‘loony’; to snowbirds it’s outrageous
“Tax system is not just ‘loony’; to snowbirds it’s outrageous”, Letter to Editor of Palm Beach Post, March 10, 2007
“Jack Mintz: Beware of the super pension fund” -NOT
“Jack Mintz: Beware of the super pension fund” -NOT Jack Mintz is wrong on each and every point in his above titled article in April 21st FP! NOT “immediate need is to soften insolvency regulations to reduce pressures on cash-constrained companies”; the need is to secure the obligations made to millions of Canadian pensioners. These […]
New Ontario pension windup flexibility is great but must include ‘self-administration’ option
New Ontario pension windup flexibility is great but must include ‘self-administration’ option It is wonderful to read that Ontario Finance Minister Duncan decided to broaden the available options upon pension wind-up, rather than forcing pensioners into an annuity. The Nortel pensioner group NRPC’s announcement in the context of the so called Financial Sponsorship Model-FSM (ominously) […]
Nortel Pensions-Bankruptcy
Nortel Pensions The past week was a sad and painful one not just for pensioners, but for all current and past employees of the company. Retired pensioners tend to be older and mostly out of the work-force and would likely be especially hard hit by any reduction to their pensions. For many it would be […]
Ontario Expert Commission on Pensions Commissioner Arthurs’ report “an iron fist in a velvet glove”
Ontario Expert Commission on Pensions Commissioner Arthurs’ report “an iron fist in a velvet glove” I finished reading last night the Ontario Expert Commission on Pensions Commissioner Arthurs’ report “A Fine Balance- Safe Pensions, Affordable Plans and Fair Rules” Reading the title of the report I got worried about its content, however when I finished […]
RetirementAction.com 