Concerned about promising more than they can deliver, bigger insurance companies have been retreating from the variable annuity business of late. But that industrywide retrenchment hasn’t stopped smaller companies from charging into the VA space.Read more »
This used to be a favorite argument of Bill Buckley and William Rickenbacker when they used to discuss the issue of market regulation. Anyone who has been in security or fraud investigation knows it is utter nonsense.Read more »
No doubt you’ve seen plenty on the news the last few months about a certain solar panel maker, Solyndra. The California-based company received a $528-million federal loan, with White House support, only to declare bankruptcy in September.Read more »
When I was a trader on the floor of the New York Stock Exchange, I often heard an old saying repeated: “Remember that this is a market of stocks, not a stock market!”Read more »
At the end of every year, I start looking back for some ideas of what the future might hold. And it’s no different this time. I suppose if you rely on memory alone, 2011 was full of action and loaded with surprises.Read more »
Making real progress in life or trading or relationship or career is like a orbit jumping process.
Your task is to jump from lower orbit level to next higher orbit level in terms of success. The more orbits you can jump better is life for you.
If you draw a paycheck, you’re due an extra $160 in January and February thanks to the Temporary Payroll Tax Cut Continuation Act of 2011.Read more »
Do not ever give up. That is one of the secrets to life. Almost everyone comes to a moment in life when things look absolutely hopeless. But those that have come through those moments know that there is always a way to turn things around.Read more »
From GDP growth to the banks, the US’s problems pale against Europe’s. But I have a bone to pick here. Comparing our unemployment to two of Europe’s worst off countries, Greece and Spain, isn’t fair.Read more »