In case you missed it, the House just passed, by an overwhelming majority of 414-5, the Securing a Strong Retirement Act of 2022, a.k.a. SECURE Act 2.0 (H.R.2954), a new bill touted to address America’s looming retirement infrastructure collapse. Voters are being told that the provisions in the bill would benefit both retirement savers and […]
Biden’s War on Digital Assets: Part One – The Battle for Your Retirement Savings
In case you haven’t noticed, there is a war going on. However, this war is not in the Ukraine. Nor is it against Russians. Rather, these battles are being fought right here on US soil, with regulatory bullets, against decentralized finance and digital assets. Although declared in secrecy, Biden’s war on decentralized finance should not […]
Recap of 2020 Bizarro World and Some Really Bold Investment Predictions for 2021
If 2020 could be summed up in one stanza, it would be, “the best laid plans of mice and men often go awry.” Last year, at this moment, I was trying on my flapper dress and getting prepared to greet the modern-day roaring twenties. I rang in 2020, in a crowded restaurant, dressed in flapper […]
Why Americans Should be Cheering the Labor Department’s Recent Move to Open 401(k) Access to Private Equity
Last month, in a judicious move, the US Department of Labor (DOL) announced intentions to allow defined contribution plans to offer its participants exposure to private equity investment opportunities. Although democratizing access to investment products and fostering asset class diversification will accomplish more to narrow the national wealth gap and thwart a looming retirement crisis […]
Top 10 Lessons of 2017 and Some Very Bold FinTech Predictions
I once read that, in life, we encounter two kinds of people: 1) those who are blessings and 2) those who are lessons. And, in the end, we will thank them both. I believe that a similar philosophy can be applied to our relationship with time. Throughout our lives, we experience two kinds of years: […]