December 2013

Why your pension might be at risk.

  Imagine working for decades and ending up with a reduced pension. This will happen to public employees in Detroit due to financial mismanagement and unreasonable expectations.  A federal judge ruled that when Detroit declared bankruptcy pensions will be a part of the reorganization plans. It was thought that they were protected by the state…

He Should rot in Hell

The 75-year-old, dressed in beige polyester pants and shirt with a matching canvas belt, showed no signs of stress. He told the occasional joke and said he was lucky to be in Butner, as it had a reputation of being “very laid back” and is kind of like a “camp.” How infuriating is this. The…

Dont fall for the Gerber baby college plan!

Chuck Jaffe of MarketWatch sums up his thoughts on the Gerber College Plan this way: “In the end, this Gerber product takes advantage of the consumer’s best intentions to give them a less-than-optimal solution to the problem they’re solving. Most people can do better on their own.” Read Chuck’s article, This college savings plan flunks the test, in its…