It’s all taxpayer funded. Everyone pays taxes. You. Me. Everyone. The difference between a “universal” healthcare option (which uses “community rating”) and a fully medically underwritten system is that the money passes through government hands first, which creates another layer of expense. That and community rating systems aren’t mathematically sustainable whereas fully underwritten systems are. […]
Hark the herald angels sing. The flight to safety, hear it ring
I got a text message the other day telling me to schedule my annual flu shot. Cool. Except… I already had my flu shot. But, wait. There’s more! Ever notice how when you go online, there are these ads that seem to “follow” you around, asking you to buy things you already bought? This is […]
I got 99 problems but Social Security ain’t one
It’s an open secret in the financial planning industry that 401(k) plans and IRAs negatively impact Social Security income. Basically, 1/2 of your SS benefits are added to the rest of your retirement plan income and the Social Security income is taxed at ordinary income tax rates. The exact percentage of Social Security that is […]
How to avoid beta male investing
Recently overheard a story that made me chuckle and also… shed a tear for my fellow man: A man called in asking if I wanted to hear something funny. “Well of course I do!” thinking this was a marketing gimmick. He let me know his GF likes to make fun of him, and would I […]
Inflation? Pfffft. Here’s what you really need to be worried about
Lifestyle inflation is “normal”. Food sometimes gets more expensive. Whaddya gonna do? Not eat? Car insurance sometimes gets more expensive. Whaddya gonna do? Not drive? You get the idea. Now that doesn’t mean you should chase every shiny new gadget and gizmo that comes to market. But my point is, some stuff is going to […]