Author Archive

July 2, 2019

Bob Veres

News

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You’ve probably heard, in campaign speeches by Democratic Presidential contenders, that almost half of all Americans couldn’t cover a $400 emergency expense.  Senators Kamala Harris, Elizabeth Warren and Bernie Sanders have all told audiences some version of this line. Basically, they’re saying that many of us couldn’t afford to pay for a flat tire or […]

Luck or Skill? There’s an ancient question in the investment markets, which is affecting the marketplace in a variety of ways: is an active manager’s investment performance the result of luck or skill? The layperson’s answer would be obvious: anybody who has expertise and works hard at something should, eventually, produce results superior to what […]

Sometimes the popularity of a particular investment is driven by unexpected forces.   One example, is the so-called SALT (state and local tax) limitation that was imposed in the recent tax legislation, which basically says that you can only deduct $10,000 on your federal tax return for state taxes, including state income and local property […]

March 11, 2019

Bob Veres

Lifestyle, Money

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Work History   When you hear that the workplace of the future is going to dramatically change (due to automation and artificial intelligence), do you ever wonder how the jobs picture has changed over the past 165 years?   Recently, the McKinsey Global Institute pored over old records dating back to 1850 and thereafter, to […]

Skyrocketing Student Loans- While some are worried about the rapidly growing U.S. national debt, others are looking at a different debt bomb that is slowly ticking in American households. Debt by Americans age 19 to 29 years old exceeded an astonishing $1 trillion at the end of last year, the highest exposure for the group […]

Chances are, you already know it’s expensive to raise a family in this day and age. But exactly how much over the 20 years until your kids reach the age of maturity? A recent analysis by the EverQuote organization estimated various costs for two parents plus a son and daughter for normal costs like housing, […]