As my legal department would gladly remind you, there are no reliable indicators of future performance.  However my confidence in the future is renewed by the following chart:   For those of you who don’t speak “stock chart,” allow me … Continue reading →

I could write a book on the number of things going well in the economy.  Let me highlight just a few.   Manufacturing is Alive and Well: One of America’s largest manufacturers, Boeing, just landed the two largest airplane orders … Continue reading →

There are several methods of evaluating the “value” of a particular company and the stock market in general.  Perhaps the most common method is the Price to Earnings ratio (P/E).  The P/E ratio compares the price of a company’s stock … Continue reading →

While “giving it 110%” is a tired (and illogical) motivational line, when it comes to the IRS and your favorite charity, a 110% is possible. Donations made to charity can typically be deducted at 100% of their market value. For … Continue reading →

Tax-free income is the Holy Grail of financial/tax planning.  There are very few (legal) methods for obtaining tax free income.  One of these few methods is through ROTH IRA accounts.  Unfortunately Congress has imposed several restrictions on ROTH IRAs including … Continue reading →

My review of the annual board of trustees report. Continue reading →

In 1988 the rock band R.E.M. sang “It’s the end of the world as we know it.”  Proclaiming the end of the world (or the Apocalypse Du Jour) has been a favorite attention getter of many so-called experts.               Ignoring that … Continue reading →

Last month I debunked the myth that the US is shipping all of its manufacturing overseas (we are still the largest manufacturer in the world by a large margin).  This month I would like to take on the “Monster Under … Continue reading →