Archive for December, 2010

Attitude – Arrogance or Humility?

Confidence = Good Arrogance = Bad Humility = Good Get it? 80% of making money is attitude and 20% is head knowledge. Make sure you and your adviser have the right attitude.     Read More

Next Week = Year End Summary

It’s almost the end of the year and next week I’ll have the year end summary and (more importantly) the year preview. How good did Generosity Wealth Management do in last year’s preview? I’ll talk about that, but here’s a rerun in case you just can’t wait.   Read More

Partial 2010 Recap

I just said I’d recap next week, but in the meantime I like this chart. It’s just fun, and well, it’s my blog   Read More

Be Scared When No One Else is

The VIX (Volatility Index) is very low right now (17) and many times a huge sell off takes place once people become complacent. Don’t be that person. I continue to use the VIX as just one of many indicators to upcoming trends and sentiment in the market. CLICK FOR FULL ARTICLE Read More

Ben Franklin’s 200+ Synonyms for “Drunk”

I’m not saying you’ll be drinking too much for New Year’s Eve, but just in case you do, you’ve got to be cool while doing it. Here are 200+ synonyms for “Drunk” penned by Ben Franklin. Here are a few of my favorites. He is Addled, Got Corns in his Head, Fuddled, Booz’d the Gage, Loose in the Hilts I think you get the picture…… CLICK FOR FULL LIST OF SYNONYMS   Read More

Plan or Lotto?

Are you going to plan or are you going to hope for the Lotto? The odds are 1 in 120,000,000 (that’s 120 million) of winning the lotto. You’re 400 times more likely to be hit by lightning. What are the odds of you achieving your financial goals if you start planning today? Much better.   Read More

Bank Assets as a Percentage of GDP

One of the problems with Ireland is their huge reliance on banking for their economy. How do other countries fair as a percentage of their GDP? Luxembourg 2,461 Ireland 872 Switzerland 723 Greece 141 US 82 Want the full list?  CLICK FOR FULL ARTICLE   Read More

Christmas Gift Card Discounts

If you buy a gift card from a store, you can get a discount. How big? 3% to 15% from companies as diverse as Walmart to Macy’s. Christmas is just a little over a week away. CLICK FOR FULL ARTICLE: CHRISTMAS GIFT CARD DISCOUNTS   Read More

Bearing Witness – Rwanda

My wife Cassidy and I will be on the staff of a retreat in Rwanda again this April. It’s very powerful. Over this 5 day retreat, we will bear witness to the horror and tragic impact of the 1994 Rwandan Genocide as well as the current sate of healing and reconciliation efforts within Rwanda. Consider attending this with us. We’d love to have you in Africa with us. CLICK FOR INFORMATION   Read More

What is your Interest Rate Sensitivity?

What is your interest rate sensitivity? If you reply “what does that mean”, then you definitely need to listen to my video below. I talk about a quick and dirty way to estimate how a Rising Interest Rate will negatively effect your particular bonds and/or bond funds. Read More

Predictions Coming True

If you’ve been reading my blog for the past 2 years you’ve been hearing me talk about the slow disaster that is Europe and our municipal governments. We’re now seeing the worst falls in Municipals since Lehman’s collapse back in September 2008. Ouch! I also say that the worst is before us, not behind. To do: Watch your municipal holdings and know what your exposure is! Ireland has a bailout (thank you EU and IMF) and now the yields for Portugal, Spain, and Italy are going through the roof. This does NOT bode well for the rest of the PIIGS, ... Read More

TARP cost Estimate Cut to $25 billion?

Finally a government program with cost estimates LESS than projected. The $700 billion Troubled Asset Relief Program is estimated by the CBO to come in at $25 billion dollars. At the time, if you remember, it was billed as a gift and we were out the money. However, due to repayments and other fortunate events, most of the money allocated has either not been used or has been repaid. AIG and the auto industry are costing about $45 billion whereas the other aspects are giving the taxpayers $20 billion of profit, for a net of $25 billion cost.  CLICK FOR ... Read More

Medicare Rate Cut Delapyed — for 1 Month

I believe that the coming 2 to 3 years will be pivotal in how our changing government relationship with medical care will affect the healthcare industry. “Duh?” you say?……. I bring this up because this is a huge part of our economy and it will have an impact on your portfolio and personal expenses. Unfortunately, the early signs are not encouraging. Recently the 23% cut in federal Medicare reimbursements to doctors has been delayed….for 1 month. To do: What is your healthcare exposure in your portfolio?  CLICK FOR FULL ARTICLE: MEDICARE RATE CUT DELAYED   Read More

Go Rocky Mountain Region!

I’m sure all of you know how much I love Boulder, Colorado, and the entire Rocky Mountain area. I guess I’m not the only one. Compared to other parts of the country, our economy is doing really well. Check out this graph.   Read More

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