Month: October 2019

Once seven stories tall, the Queen Anne Winchester Mystery House has been whittled down to three … [+] stories. (Photo by: Education Images/Citizens of the Planet/Universal Images Group via Getty Images) Universal Images Group via Getty Images After her husband died in 1881, Sarah Lockwood Pardee Winchester was one of the wealthiest people in the
0 Comments
People drink beer on a patio before the arrival of Tropical Storm Dorian in Boqueron, Puerto Rico, … [+] Tuesday, Aug. 27, 2019. (AP Photo/Ramon Espinosa) ASSOCIATED PRESS For most people in the U.S., it’s easy to forget Puerto Rico outside of the occasional still-in-trouble-after-hurricanes story you’ll see. But the picture is much worse than
0 Comments
Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010. Gillianne Tedder | Bloomberg | Getty Images The Iowa Public Employees Retirement System is terminating its relationship with Fisher Investments, pulling $386 million from the asset manager. The Iowa plan, which holds
0 Comments
Michael Jordan, seen here in November 2018 in Wilmingon, North Carolina, greets people and shares … [+] Thanksgiving meals with the community impacted by Hurricane Florence. Jordan was raised in Wilmington. (AP Photo/Gerry Broome) ASSOCIATED PRESS The swish of autumnal winds welcomed community members and guests to an outdoor ribbon-cutting ceremony yesterday. They had gathered
0 Comments
Economic Security Planning, Inc. Today’s column addresses payment of survivor’s benefits to multiple spouses, common-law marriage, potential effects of benefits based on a spouse’s public pension, what to do with benefits received on behalf of children and the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
0 Comments
Barry Sternlicht, co-founder of the privately held Starwood Capital global investment firm, believes a wealth tax, as envisioned by Democratic presidential candidates Elizabeth Warren and Bernie Sanders, would not be feasible. “I think it’s a crazy idea,” Sternlicht said on CNBC’s “Squawk Box” on Friday. The wealth tax from Sanders, a Vermont democratic socialist, would
0 Comments
View of Peoria’s river front Getty Last week Thursday, the Illinois Pension Consolidation Feasibility Task Force released its report recommending the consolidation of the investment funds for the 650-odd local police and fire pension plans, but declining to propose consolidation of the administration of these plans, merely suggesting that this might be a topic for
0 Comments