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Jul 30, 2024 |
fa-mag.com | Paul Samuelson
My years of studying techniques to manage the risk and tax exposure of investors’ portfolios have led me to an unhappy conclusion:
These techniques, applied to single accounts, taxable and tax-advantaged, seem sensible but ultimately produce unfortunate outcomes for many investors.
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Jun 17, 2024 |
fa-mag.com | Paul Samuelson
My do-it-yourself investor friends primarily rely on spreadsheets to track their multiple accounts. Others, aware that hubris can lead to bad calls, have a trusted financial advisor who knows their entire investment landscape.
You likely have clients with feet in both camps—a little DIY and several accounts you manage.
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May 6, 2024 |
advisorpedia.com | Paul Samuelson
Written by: Paul R. Samuelson | LifeYield
I drive a Chevy Volt, frequent public transportation, and bike to work when the weather allows.
I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.
So, readers may find it surprising that I agree with ardent annuity advocates that guaranteed income products hold a rightful place in many clients’ retirement plans.
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May 1, 2024 |
fa-mag.com | Paul Samuelson
I drive a Chevy Volt, frequent public transportation and bike to work when the weather allows.
I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.
So readers may find it surprising that I agree with ardent annuity advocates that guaranteed income products hold a rightful place in many clients’ retirement plans.
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Apr 1, 2024 |
fa-mag.com | Paul Samuelson
I drive a Chevy Volt, frequent public transportation and bike to work when the weather allows.
I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.
So, readers may find it surprising that I agree with ardent annuity advocates that guaranteed income products hold a rightful place in many clients’ retirement plans.
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Mar 15, 2024 |
adamsmithworks.org | Robert M. Solow |Harold Demsetz |Paul Samuelson |Milton Friedman
David Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the Naval Postgraduate School. Today, we talk about another famous economist who has recently passed, Robert Solow. Henderson tells us about the Solow model, a still relevant model used in macroeconomics relating to economic growth, and we discuss its origin and its flaws.
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Feb 29, 2024 |
econlib.org | Tyler A. Watts |Paul Samuelson |David Henderson |Kevin Corcoran
Russian history is filled with examples of credulous Westerners shilling for the Motherland. In the 1930s, New York Times columnist Walter Duranty praised Stalin’s regime, downplaying the political repression and murders, and staunchly denying the intentional starvation and pillaging of millions of Ukrainian farmers. Although savvier reporters were aware of the blatant horrors of the Soviet system, Duranty was awarded a Pulitzer for his Russia dispatches.
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Feb 6, 2024 |
fa-mag.com | Paul Samuelson
The persistent—and futile—debate over the 4% rule for retirement income brings to mind the observation of the American social critic H.L. Mencken:
“There is always a well-known solution to every human problem—neat, plausible and wrong,” he wrote in 1920.
Retirement wasn’t on Mencken’s mind (the average life expectancy in 1920 was around 54). But I imagine he might have anticipated the 4% rule—or perhaps the zombie economic theory that tax cuts pay for themselves.
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Jan 8, 2024 |
fa-mag.com | Paul Samuelson
The persistent—and futile—debate over the 4% rule for retirement income brings to mind the observation of the American social critic H.L. Mencken:
“There is always a well-known solution to every human problem—neat, plausible and wrong,” Mencken wrote in 1920.
Retirement wasn’t on Mencken’s mind (the average life expectancy in 1920 was around 54). But I imagine he might have anticipated the 4% rule and the zombie economic theory that tax cuts pay for themselves.
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Dec 20, 2023 |
econtalk.org | Alice Temnick |Paul Samuelson |Thomas Malthus |John Maynard Keynes
One word sums up this episode and topic: Wow! Explore the GOATs of economics as judged by Tyler Cowen in his zero-cost downloadable book embedded in a ChatGPT-4 option for user-friendly queries. Russ Roberts encourages us to read it in its entirety and we hope that his excellent interview with Tyler sharing highlights of this first-of-its-kind digital book entices you to do so. The links in the transcript connect to a curated list of each prominent thinker’s winning written contribution.