Tag: finance
Inflation – Here to Stay
Like most investors, I’ve been surprised by both the magnitude and persistence of the inflation spike we’ve seen over the past several months. The forecasts continue to suggest that inflation should moderate somewhat by year-end and into 2023, but that doesn’t take the sticker shock out of the prices we’re paying today at the store […]
Planning is the Key to Goal Achievement
I recently had the pleasure of joining my clients for the christening of their new boat. It was one of those rare experiences when you can share the moment as a lifelong dream comes true. This dream was a long time coming and was the result of a lot of hard work and planning. One […]
Giving Thanks Two Years Into a Pandemic
The past couple of years have been challenging on many levels. There were ups and downs, to be sure. Having my adult daughter living at home for almost a full year was wonderful, though we all agreed it was best when she moved back to school to finish her graduate degree. Not spending 90 minutes […]
Charitable Giving is on the Rise
By Rick Brooks According to a report by Giving USA, gifts to charity totaled $335.2 billion last year, up 4.4 percent from 2012 and almost back to the peak levels reached in 2007. I’ve also had the pleasure of being able to assist some very generous clients with their personal gifts recently, so I thought […]
Investing in a “New Normal”
For those who missed my last column (available at presidiosentinel.com), I wrote that I expect government spending to be cut while taxes increase over the coming years. I also mentioned that my personal outlook is for slower economic growth as the both the government and consumers “de-lever” (that is, reduce debt). Finally, with economic growth […]
Economics and the Debt Ceiling
Lately, there has been a lot of public hand wringing about the debt ceiling, or the legal limit on how much Congress can borrow. Essentially, they’ve reached the limit and since Congress borrows about 43 cents for every dollar spent, they need to raise the ceiling in order to fund the current operations of the […]
