A counterbalanced portfolio is your key to investment success. For an example of how counterbalancing works I’ll point you to the Vanguard Wellesley fund. For my taste, a “one size fits all” fund simply does not exist today. But this one comes pretty close. Take a look at the years where stocks were destroyed. When […]
States that are Cutting Taxes
The Red State tax cut revolution is just getting going. The WSJ’s Stephen Moore writes: After five years of wrenching fiscal deficits, states are once again experiencing stable budgets and healthy revenue growth. A new report by the American Legislative Exchange Council—a national network of more than 2,000 state legislators—finds that about one-third of the […]
BUY HARPOON!
“Is it me, or are we all walking around with a little jump in our step now that everything we’ve been warning people about Obamacare—for the last three years—has actually come true?” said one of the All-Star panelists. This was an evening to remember. The All-Star cast from National Review was in rare form at […]
Boeing Union Bosses
Once again union leaders roll the dice hoping the NLRB will save them. The Wall Street Journal explains. Boeing’s eight-year contract offer included a 1% wage increase every other year starting in 2016 on top of annual cost-of-living increases. Pension accruals would be frozen, and traditional defined-benefit plans would be replaced with 401(k) accounts with […]
Obamacare Gone to the Dogs
Colorado’s health care exchange mistakenly signed up a man’s dog for coverage. FoxNews explains here. Fort Collins resident Shane Smith told KDVR he received a letter last week informing his dog,Baxter, that a health insurance account had been opened for the pup through Connect for Health Colorado. Smith told the station he had to sign […]
VIDEO: Unintimidated: A Governor’s Story and a Nation’s Challenge
10 Budget-Cutting Suggestions
You can read here the 10 Budget-Cutting Suggestions for Paul Ryan and Patty Murray by Chris Edwards. Chris is the director of tax policy studies at Cato and editor of www.DownsizingGovernment.org. He is a top expert on federal and state tax and budget issues. Federal policymakers will have to make spending cuts sooner or later, and the sooner […]
Who’s Stealing Your Kid’s Lunch Money?
“We have seen meaningful progress in the labor market,” Federal Reserve Vice Chairwoman Janet Yellen said last week during her testimony. “What the [Fed] is looking for is signs that we will have growth that’s strong enough to promote continued progress.” That could be a while. Take a look at the special unemployment rate U-6—those […]
Obamacare’s Most Valuable Antagonist
If you want to know just how bad Obamacare is then spend a few minutes talking with Cato’s director of health policy studies, Michael Cannon. Becky and I had a chance to visit with Michael at the last Cato retreat. In addition to his expertise, it’s his bulldog like attitude that makes you thankful he’s […]
Your Gun Better be Loaded
I’ve trained with Adam Painchard, Director of the Sig Sauer Academy. This is how to perform a status check.
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