Monthly Archives: March 2012
Longevity Insurance- What does it buy you?
Longevity Insurance- What does it buy you? As mentioned often, retirees are exposed to three major risks: (1) longevity risk, (2) inflation risk and (3) market risk. In many ways these three risks are intertwined and they all lead to the possibility of running out of money and/or significantly reduced standard of living before […]
Critical Illness Insurance
Critical Illness Insurance In a nutshell I am not prepared to buy a Critical Illness (CI) Insurance policy (in many ways for similar reasons I wasn’t prepared to buy Long-Term Care (LTC) policy). Among the reasons are: -it is expensive; load factors of 40-45% are typical (i.e. for each dollar of premium only $0.55-60 benefits […]
Chevreau’s “Wealthy Boomer”
Jonathan Chevreau’s “Wealthy Boomer” blog Jonathan Chevreau’s “Wealthy Boomer” blog in the Financial Post is a good source of ‘news’ and disussion on Canadian Personal Finance
“The Intelligent Investor” by Jason Zweig
“The Intelligent Investor” by Jason Zweig Benjamin Graham,“The Intelligent Investor” (revised edition), Harper Business Essentials, 2003 is a classic on stock selection based on fact rather than emotion, with comments by Jason Zweig (WSJ’s current personal finanace writer).
Robert Keats’s “The Border Guide- A Guide to Investing, Working and Living in the United States”,
Robert Keats’s “The Border Guide- A Guide to Investing, Working and Living in the United States” Robert Keats’s “The Border Guide- A Guide to Investing, Working and Living in the United States”, Self-Counsel Press, is in its 10th edition (October 2009). This book pretty much covers just about all you’d want to know about living […]
“Winning the Loser’s Game- Timeless Strategies for Successful Investing”, by Charles Ellis
“Winning the Loser’s Game- Timeless Strategies for Successful Investing”, by Charles Ellis Charles D. Ellis’s “Winning the Loser’s Game- Timeless Strategies for Successful Investing”, McGraw-Hill, 2002 is a classic. Ellis’s book is a must read (and re-read) for those who want to understand the philosophy of investing and its implementation.
Ups and Downs since Black Tuesday
Ups and Downs since Black Tuesday Florida’s Taxation and Budget Reform Committee (TBRC) is empowered to place proposals/Amendments to be voted on by Florida’s taxpayers at November’s ballot. The TBRC passed a proposal to replace the school portion ($8B) of property taxes with a 1% increase in sales tax (about $4B), and the shortfall to […]
Black Tuesday in Florida!
Black Tuesday in Florida! This morning (February 1, 2008) the Miami Herald trumpets that “Crist Budget May Lead to Tax Hike” . Was it not only last Tuesday that Governor Crist (you know the one who promised Floridians that taxes and insurance will drop like a rock) promised that a YES on Amendment 1 will […]
3rd Court Challenge in Past Year to Florida’s Discriminatory Property Tax System
3rd Court Challenge in Past Year to Florida’s Discriminatory Property Tax System On 1-11-08 another suit was filed challenging Florida’s property tax system. For the first time, however, suit was filed in Federal Court. In 2007 two separate suits (one by non-resident non-homesteaded out of state property owners and the other by homesteaded property owners) […]
Broader Legal Front Against Florida’s Two-tier Property Taxes
Broader Legal Front Against Florida’s Two-tier Property Taxes Lots of new developments on the legal front, but before I get to the legal update, I came across an interesting article by John Brady from Madison, Connecticut writing in the NYT’s “Retire the property-tax” “The property tax is a concept whose better days are behind it. […]
RetirementAction.com 