Business Ownership and Wealth Management

Dana Barfield

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New View of Retirement Planning

Wealth Management on Ulitzer Wealth Management on Ulitzer - Many financial firms are now claiming they have a "new plan", "new perspective", "new advice" for investors.  That their "green line" or "red zone" of expert advice will now provide investment and retirement guidance that will "take you where you want to go". What is this new ground b reaking advice?  How is it different from the advice they were giving two years ago? On the cover of recently received magazine it has the title "Tools of TRUE Diversification: Skillfully applied asset allocation can reduce a portfolio's ov... (more)

Expect Liability Issues to Increase

Timeline of the 2010 Gulf oil spill legal cases: — April 20, 2010: An explosion and fire on the BP-operated drilling rig Deepwater Horizon kills 11 workers. Thousands of gallons of oil begin gushing into the Gulf of Mexico from the blown-out well. — June 16, 2010: BP agrees to put $20 billion into an escrow fund to settle economic injury claims by fishermen and various Gulf industries. — December 15, 2010: The Justice Department files suit against BP and eight other companies over the accident, asking they be held liable for removal costs and damages caused by the explosion and s... (more)

Christmas Could Never Get Started Today

This time of year is a favorite for children of all ages – I happen to be one of these kids – in part because of the television programs that are shown around Christmas. A Charlie Brown Christmas, Santa Claus is Coming to Town, Rudolph the Red Nose Reindeer, and How the Grinch Stole Christmas, have been favorites of mine since TV went from exclusively black and white to poor quality color. This is no coincidence as these programs were made in the mid 1960’s. As I was watching this year, it occurred to me that if at this time in history Christmas had not yet been established, if so... (more)

Unemployment – Causes and Consequences

Somewhere on the internet last week, mention was made that unemployment for high income people was (essentially) non-existent, while extremely high for low income earners. I was able to track down that data for the fourth quarter of 2009. Here it is by income: As you can clearly see the lower income levels are experiencing the greatest difficulty finding jobs. Interestingly enough, this data is not making its way into the mainstream. But even more interesting is the set of “circumstances” that has caused this, or at least occurred in the same approximate time frame. Minimum Wage... (more)