Deep Blue News

/Deep Blue News/

How Many More Years do I Need to Work to Pay for the GOP Tax Plan?

As many Americans are now starting to understand the statistics quoted by politicians, to sell the GOP tax plan, is far from what they wrote into the bill. From the onset the plan was touted as “a tax break for everyone!” It appears that almost 80 percent of Americans now oppose the GOP tax plan, and for good reason. The vast majority of Americans are going to end up working longer if the tax plan ultimately passes. But wait! If I am getting a tax cut, why would I have to work longer? Well that question gets us into economics. I don't want everyone to tune out immediately, so let me summarize the results. I will simplify the economic explanation and post the math at the bottom of the article. To put it simply, if everyone gets something extra...then that thing is now less valuable. If everyone gets a tax [...]

By |2017-12-15T00:17:10-05:00December 13th, 2017|English Articles|Comments Off on How Many More Years do I Need to Work to Pay for the GOP Tax Plan?

New Tax Plan a Gigantic Crap Burger for the Middle Class. It may look good at first glance, but…

Yesterday, when details of the House Republican tax plan started to trickle out, people like me were glued to websites, TVs and podcasts. We were trying to figure out who benefits and who pays if this tax plan moves through Congress. By midday I had seen enough details to get a rough understanding of the plan, but I was hearing some pretty one sided commentary. I also didn't have any detailed analysis from anywhere I I wanted to take a crack at doing some of the calculations myself. Change in Average Tax Rate by Income I tried to look at the data from a “What's in it for me? What’s in it for my clients?” standpoint. Most talking heads the past few days have been saying things such as “the average middle class family of four will save (this dollar amount) per year.” Paul Ryan sat in [...]

By |2017-11-04T16:52:40-05:00November 3rd, 2017|English Articles|Comments Off on New Tax Plan a Gigantic Crap Burger for the Middle Class. It may look good at first glance, but…

Dow 23,000. What Next?

Does Dow 23,000 Mean the Market is Going to Drop? Short answer, “no.” Just because markets have been going gangbusters for the last half decade, it doesn't spell the end. Just because investors has gone nuts, there is no reason that they can't continue to go nuts in the short term. The long answer is much more complicated. Let's dive into the long answer by going over a few frequently asked questions: 1. Why is the market up so much?  A: Multiple reasons. The most glaringly obvious one seems to be that economic conditions have been relatively good for a long time. Companies are making money, and up until now the valuations of companies have been supported by their earnings. With low interest rates, money is still very cheap. 2. Can the market still keep going up?  A: Yes it can. But if you are asking “Will the market continue [...]

By |2017-10-19T17:40:36-05:00October 19th, 2017|English Articles|Comments Off on Dow 23,000. What Next?

The Hedge Fund Crash of 2016

Hedge Funds Have a Bad Year, Again. Coming out of the tech crash in the early 2000s, investors everywhere were looking for a new edge. One of the trends that came out of the next decade was an increased interest in a little known structure that had been used sparingly since the 1920s, the hedge fund. Most of you are scratching your heads. “Hedge fund”, I have heard of those, but nobody has ever explained to me what they are exactly. Well, it is pretty simple, think about a mutual fund...and then remove most of the rules. Hedge funds are allowed to use much larger leverage (borrowed money). Since the borrowing restrictions are not in force, hedge funds, are allowed to take much much more risk than most mutual funds are allowed. With all the added risk hedge funds are allowed, there are restrictions. Hedge funds are only available to [...]

By |2016-11-10T16:48:57-05:00November 10th, 2016|English Articles|Comments Off on The Hedge Fund Crash of 2016

Tesla in Highland Park to Offer Solar City Products. Should Investment Advisors Recommend Tesla?

Tesla just unveiled a brand new product this past week, “Solar Shingles”, and they are beautiful. Since our office is Northbrook IL, a northern suburb of Chicago. And there is a Tesla dealership about two miles north of our office in Highland Park, we have gotten more than a few calls asking if Tesla stock is a good investment. Investment advisors, stock brokers, financial planners and analysts get questions like this all of the time. What is the best stock to invest in? What investments are you buying? But most of the investment advisors I know cringe at this question. But in the interest of talking about Tesla...let's first take a look at Tesla, and then circle back to ask if Tesla is a good investment for your portfolio. Tesla's fundamentals are an interesting case study right now. Up until this last quarter Tesla had never posted a profit. Just [...]

By |2016-11-10T16:21:16-05:00October 31st, 2016|English Articles|Comments Off on Tesla in Highland Park to Offer Solar City Products. Should Investment Advisors Recommend Tesla?

Your Investment Advisor and Social Security Planning

As an investment advisor, when sitting down and starting work with new clients, there are questions that will undoubtedly be asked. Any decent advisor will start talking with you about your family and priorities and goals. They will ask questions about what you have done with your money in the past and what is important concerning your investments in the future. These are all important questions concerning how an investment plan should be set up. But I always feel that the impost important thing that an investment advisor discusses with clients, is their retirement income plan, and a key part of that is Social Security. Now many of my clients have a knee jerk reaction to a discussion of Social Security in their retirement income plan. They have been told for years that Social Security is going to go bankrupt, and will not be there for them. Most of my [...]

By |2016-10-27T21:43:02-05:00October 27th, 2016|Turkish Articles|Comments Off on Your Investment Advisor and Social Security Planning

Spring Treat For You!

May’s fizzing to an end, and with it comes hot weather and drowsy days. School’s not yet over, but you may want to take your kids out over the wekend, or enjoy the late Spring. Here are some ideas.   Thursday, 5-9 p.m. May 19-Aug. 25, downtown Oak Park. Around 20 Oak Park restaurants give you a variety of drinks, appetizers and desserts as special menu for eating inside or out. Downers Grove Classic Car Show and band entertainment, 6-9 p.m. Fridays, May 20-Sept.2, Illinois Wine Festival, 1-9 p.m. May 28, Sample more than 150 wines from around 15 local wineries and dance to music as you do so. Price: $20 or $15. Art Festival, 10 a.m.-5 p.m., May 28-29, Have a blast with art from more than 130 juried artists, live music, food and kids activities. Call 947-926-4300 or go to Arts Festival, 10 a.m.-5 [...]

By |2016-05-25T14:45:46-05:00May 25th, 2016|Local Events|Comments Off on Spring Treat For You!

Starbucks brews its beer and wine in Northbrook

Families were delighted to sample  nine dollar  glasses of wine this Monday at Starbucks in Northbrook, although  some were dissatisfied with their portion. Chicago Tribune interviewed a couple, Mark and Margaret Tannenberg, and their friend who were sitting at one table.  The couple sampled their six ounces of pinot grigio. the friend thought there was too little in her wide-bottomed Starbucks Evenings stemless wine glass. Starbucks limited the portions to earn their liquor license last fall, according to Village President Sandy Frum. Starbucks has already run into problems with Seventh Day Adventists in Orlando, Florida, who first accepted, then opposed, Starbuck’s plan to serve beer and wine to its patrons near their church.  The store aims to tread warily with Northbrooks, although it’s doubtful Starbucks will  have alcohol problems there. Sandy Frum thinks the beer and wine will spark some nightlife into the dreamy area. "You can get people in [...]

By |2016-05-25T14:46:12-05:00May 20th, 2016|English Articles|Comments Off on Starbucks brews its beer and wine in Northbrook

Children Cause Income Inequality

Three weeks ago, DBF covered health research that moving to pricey neighborhoods with highly-educated populations apparently makes you live longer. About the same time, Ann Owens, a sociologist at the University of Southern California, reported that moving to pricey neighborhoods with good school districts may be the best real estate decision you can make if you have school-age children, since it betters your child’s chances in life. It has also increased income segregation in America since the 1990's. Rich and non-rich citizens are less likely to share the same neighborhood, but Owen’s research, published in the American Sociological Review, finds this has more to do with children than with other factors. She concluded that “Results indicate that children face greater and increasing stratification in neighborhood contexts than do all residents, and this has implications for growing inequalities in their future outcomes.” Owens studied income segregation patterns across the 100 largest [...]

By |2016-05-25T14:46:53-05:00May 12th, 2016|English Articles|Comments Off on Children Cause Income Inequality

Your 10 Safest Hospitals in Illinois, 2016

Illinois is 15th in the nation when it comes to  safe medical care as reported by the Leapfrog Group, a nonprofit organization that promotes improvements in health care. Since  2012, Leapfrog tracks hospital performance across the nation twice a year with its Hospital Safety Score. The Group’s most recent 2016 rankings monitored factors in 25000 hospitals that included surgical errors, hospital staff quality, infection risk and other safety issues like patient falls and bedsores. Leapfrog then grades performance along  scale of A to F where A boasts superb patient care and F warns patient to leave hospital before doctors may kill him. Selecting the right hospital, its Newsroom reported, can reduce your risk of avoidable death by 50%. In its Spring 2016 Report, Leapfrog found a 9% higher risk of avoidable death in B hospitals, 35% higher in C hospitals, and 50% higher in D and F hospitals, than in [...]

By |2016-05-04T15:22:49-05:00May 4th, 2016|English Articles|Comments Off on Your 10 Safest Hospitals in Illinois, 2016