In September 2013 a UC Berkeley study found that the wealthiest 1% of Americans saw their income grow by 31.4% between 2009 and 2012. Also it was discovered that income inequality in the United States was the highest since before the Great Depression. One reason why most in the middle class cannot move to a loftier position is our tax system. Workers are taxed at a different rate than investors — the difference between earned income and dividend and capital gains taxation is significant.

 Banker?  Has anyone seen a banker lately? The old Peter, Paul, and Mary song “Where have all the flowers gone, long time passing” reflects the changing times centered on the Viet Nam war.  Times changed and where did they go, what has happened?  I think we are in the middle of another change, a change […]

You can modernize your life insurance at retirement and avoid paying further premiums.

The recent government decision to issue “floating rate notes” (FRN) could have a dramatic and dangerous effect on our economy and our industry. The government’s plan is to issue FRN with an adjustable rate reestablished every 6 months. Instead of fixed interest rate notes, this new approach would have a variable interest rate.

An overview of the various types of CD’s (Certificates of Deposit) – the major types including Traditional, Brokered, and Market Linked CD’s are explored, along with variations such as Bump-Up, Step Rate, Callable, And Zero Coupon.