As I went through my morning routine on Tuesday, I watched CNBC as they were interviewing Senator Elizabeth Warren touting her wealth tax proposal. The interview was odd. I felt the CNBC morning crew was a bit more sophisticated in their questions...
Mind on Money: What the bond market is telling us
The 10-year U.S. Treasury Bond is clearly the highest profile benchmark for the U.S. bond market. When I wake up each morning, I check all the financial markets, and the “10 year” is high on my follow list. Since the beginning of 2021 the 10-year...
Mind on Money: Take a realistic look at the future of energy
Mind on money: Modern Monetary Theory deserves your attention
I still vividly remember the high-energy drawl of Ross Perot, renting prime-time network infomercial time to educate us on the insanity going on in Washington, D.C. With the fervor of a southern preacher, then Independent presidential candidate Perot...
Mind on Money: Tips for speeding up the FAFSA
This column is for my brothers and sisters in the struggle. For those among us who, like our household, have a high school senior in their ranks. In my house, my son’s college acceptance letters are in hand, the list has been narrowed and a...
Mind on Money: Market drama could be warning sign
It was the Friday before Martin Luther King Day in the year 2000. I was 29 years old and at the airport with six buddies, waiting for a mid-morning flight, on the way to a guys' ski trip in Jackson Hole, Wyoming. Anyone who has ever been on a guys'...
Mind on Money: Time to take another look at the ROTH IRA
2021 may be a year for a little creative IRA tax planning. A Traditional IRA is typically funded with contributions that were made pre-tax into a 401(k) or other employer-sponsored retirement plan and then rolled over to an IRA, or made on a “tax...
Mind on Money: Political drama disproportionate to likely policy changes
Last Saturday my brother and I, with a couple buddies, did a winter mountain bike ride at Imagination Glen in Portage. The ride was a fun adventure, and a solid workout. A perfect way to spend a beautiful January afternoon in Indiana. In the car on...
Mind on Money: The American idea is superior to politics.
I love America, mostly I love the idea that is America. I believe the “idea” has drawn people here from all over the planet, and the fruits of the “idea” have drawn even more. The idea, in my mind, is in America there is no permanent social...
Mind on Money: Hopes for a return to thriving in 2021
Two weeks ago my oldest daughter texted me a link to a blog post she found on Linked In. The thesis of the post was “COVID changed everything forever.” Her text attached to the link was “This makes me sad.” I read the lengthy post, which...
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