1.
When will our Educational system go back to being concerned about our kids learning science and math versus what’s going on today? Just another distraction from what really is important…
2.
When will we start hearing again about the financial mess of many states, cities and public pensions, especially since Covid 2020? Magically, finances just aren’t important anymore…
3.
We definitely are seeing more funds flowing to fixed annuities from the markets. The Legacy Matters products offer the post-55 market the most features and options, but the fixed index NY idea might be a better story for equity clients. And, it’s a great option for clients with too much money in the bank. Seniors can earn 1% per year with market upside of another 3% roughly. And many use the 10% withdrawal to pay fixed costs. Its perfect for the market-heavy client and the bank-heavy client! Contact NestEgg for more info.
4.
College football had a wonderful day Saturday. Rivalry games that went down to the wire; and the Michigan upset. Watching the crowd after their win was incredible. It wasn’t about the money. It was all about the pure joy of finally beating its huge rival. But the money came back quickly. College coaches moving for the huge paycheck. I don’t fault the coaches, I fault the colleges. Undoubtably, colleges are all about the money. I refer to football as well as all the research done on campus. Colleges demand a piece of everything done on campus. Today, colleges are tax-free private equity firms that issue degrees.
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