Compared to stocks, bond investments are pretty simple, right? You lend your money to the U.S. government (Treasuries), or to a state or local government (muni bonds), or to a company (corporate bonds) for some period of time (called the “maturity”). In return, they pay you interest and then, at the end of the loan, […]
Author Archive | Rich Colman
The Wolf In Sheep’s Clothing: Fiduciary No More
It is not enough to work diligently, competently and caringly on your behalf, we are fighting the tsunami of government regulation and lobbyist actions that create situations where the snake oil salesmen and Bernie Madoff’s of this world can prey upon honest clients like yourselves. We believe that something called a “fiduciary standard” is the […]
Global Perspectives: Budget Alarms in Greece
You’ve probably been hearing a lot about Greece recently, and before that about Dubai and before Dubai there was Iceland – three countries that were in danger of defaulting on what economists call ‘sovereign debt,’ which basically means their country’s equivalent of Treasury bonds. Iceland’s issue was that their bank and national debt equaled $160,000 per […]
Letter To Myself To Clients
As the New Year begins to take hold, Colman Knight intends to resume our monthly connections through this communication medium. Topics will vary and inspiration will be sourced from our personal and professional experiences, as always. This month we offer you a clever idea to contemplate and perhaps engage. An old but meaningful exercise is […]
Are we riding off the cliff or have the chicken littles missed the real story?
When we read anything about Social Security and Medicare we read about how the two programs are going to be bankrupt in the next decade. The simple math is that currently we have approximately 300 million Americans of which approximately 35 million Americans are age 65 or older. (more…)