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1
The Financial Services Industry: Putting Clients Last?
2
Investing for Inflation vs. Deflation:Asset Classes (Part III)
3
What is the “LifeSpan Process of Tax Resolution and Financial Freedom”?
4
What does Warren Buffett think?
5
Financial Planning Checklist for Recent College Graduates

The Financial Services Industry: Putting Clients Last?

The IBM Institute For Business Value recently published a study on the global financial services industry. The report, “Toward transparency and sustainability: building a new financial order” makes a number of interesting points about how the financial markets industry will need to change in the future in order to remain profitable. It also reveals something many consumers have suspected all along.

Among the report’s conclusions is the fact that financial firms will need to work with greater transparency in the future. After a decade of making big profits by creating increasingly complex financial instruments, such a development will require a …

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Investing for Inflation vs. Deflation:Asset Classes (Part III)

At the beginning of this series, I noted that financial prognosticators remain divided over the question of whether we should be bracing for inflation or deflation.  Clearly, last year we experienced a drop in the consumer price index, though much of that was due to falling energy prices.  Apartment rental prices have been declining in most major metropolitan areas recently, commodity prices are weak, and most companies have excess capacity, making them less likely to seek price increases.

Perhaps the strongest argument in favor of the expectation that asset price deflation (if not deflation in wages or goods) will …

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What is the “LifeSpan Process of Tax Resolution and Financial Freedom”?

Lifespan Tax and Financial PlanningFinancial planning is both an art and a science. Life planning is a relatively new approach that is usually seen as the art or human side of financial planning. The process of life planning is used to help people discover their deepest and most profound lifelong goals. This can be accomplished through a process of self-awareness and inquiry. If major obstacles such as significant tax debt or poor financial management exist it is difficult to focus on life and financial planning goals.

Tax problems create a need for tax and financial planning strategies that will solve tax issues the best …

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What does Warren Buffett think?

What does Warren Buffett think?Warren Buffett says he sees the economic slide ending, but won’t put a timetable on recovery.

He believes Treasury Secretary Paulson and Fed Chairman Bernanke acted honorably and intelligently when they forced Bank of America to close the Merrill Lynch acquisition. Considering the fragile situation at the time, had Bank of America been allowed to invoke a major adverse change clause and back out, it may have been disastrous for the financial system. And although they have sympathy for Wells Fargo’s complaints about being forced to accept TARP money against its will, by and large they believe the government handled …

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Financial Planning Checklist for Recent College Graduates

According to the National Postsecondary Student Aid Study (NPSAS), graduating seniors with educational debts carry an average debt load on the order of $20,000. More and more, college students are beginning their working lives with fairly heavy debt loads. It’s more important than ever for newly-minted grads to hit the ground running with a plan for their finances.

Based on the things I’ve observed in my clients (and others), here are nine key things that I think new college graduates should give attention to:

(1) Understand How Your College Loans Work

A surprising number of graduating students don’t understand the …

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