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Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

The Big Picture

What, what was the original plan Stephanie Kelton : To be a dentist. You know, when Bill Clinton was president and you had the budget, federal budget in surplus for four years in a row, 98 through 2001, the government’s budget was in surplus. And of course, we had a recession in 2001, and then the surpluses disappeared.

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Fighting Over The Last Remaining Bitcoin

Random Roger's Retirement Planning

The simplest example is the one we talk about all the time where someone in their 50's has their hand forced at work into early retirement or a serious underemployment. I was 35 when I got laid off at Schwab in 2001 and it took me two months to find a job and it turned out to be a higher paying job.

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"Prosperity Paradox"

Random Roger's Retirement Planning

Part of our compensation was stock and the way it was structured, the only we he could have accessed it would have been to quit/retire once vested. I got laid off in Sept 2001 so I don't know how long he stayed at Schwab but if it was a long time, then he obviously accumulated a lot more stock at lower prices. You know the rest.

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History of the Individual Retirement Arrangement (IRA history)

Getting Your Financial Ducks In A Row

In 1974, Congress passed the Employee Retirement Income Security Act (ERISA) that, among many other provisions, provided for the implementation of the Individual Retirement Arrangement. Note: it’s interesting to learn about IRA history in order to better understand why some provisions are the way they are. billion by 1981.

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The Super Bowl and Your Investments

The Chicago Financial Planner

Baltimore (an old NFL team that was formerly the original Cleveland Browns) won in 2001 and the market dropped. Rather I suggest an investment strategy that incorporates some basic blocking and tackling: A financial plan should be the basis of your strategy. Approaching retirement and want another opinion on where you stand?

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Providing Mortgage Advice In A Higher Interest-Rate Environment: Opportunities For Advisors To Add Value

Nerd's Eye View

In fact, until earlier this year, the average 30-year fixed mortgage rate had stayed below 5% since 2010 (and below 7% since 2001). increased by nearly $1,000 in the past year), higher interest rates can affect financial planning calculations for current homeowners as well. in October 2022, twice the 3.45% average rate in January.

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Don't get an "F" on FBAR

Brown Advisory

Don't get an "F" on FBAR ajackson Fri, 01/20/2023 - 13:43 We work with many clients to develop smart, flexible tax strategies; such strategies are essential to align their tax, investment and wealth preservation plans. military banking facilities; certain bank-to-bank settlements; accounts owned by certain retirement plans.