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Our Articles

DOW 36,000 OR 6,000???
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The market is very “pricey” when old-fashioned measures of stock market valuation are examined.

The Wealth Effect
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When (not if) the Federal Reserve Board increases interest rates, this will bring the stock-market party to an end as higher interest will cause both stocks and bonds to fall in value.

Privatize Social Security (January 1999 NAPFA Journal)
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The major mistake was in not indexing the age of retirement to life expectancy.

Global Financial Crisis (November 1998 Newsletter)
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Periodically, investors should review their portfolios with a view toward rebalancing the assets.

Tax Freedom Day is May 10th for 1998
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Big Government has become a vast machine to redistribute income from those who earn it to those who yearn for it.

It is Time to “Scrap the Tax Code”
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Anyone of us could design a better system, but 500 congress people cannot resist the pressure groups who want to twist the code to benefit their particular constituencies.

Is the Era of Big Government Really Over?
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In 1996, President Clinton said that “the era of big government is over?”

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