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With growing federal deficits it’s natural that tax rates are going to climb and that the federal government will look for new sources of tax receipts. Continue reading Tax The Rich? But What If The Rich Start To Leave? The Puritan Work Ethic values of working hard helped make the U. S. a highly productive and wealthy society. Max Weber, in his 1930 book The Protestant Work Ethic and the Spirit of Capitalism, demonstrated how that work ethic made specific countries prosperous. Continue reading Hiring Disincentives and Unemployment Incentives – The Demise of the American Work Ethic? Richard Karlgaard, Forbes publisher, speaks out on inflation as an only viable option for the U.S. to address its debt problem – given the proclivity of Americans to spend and not save. Prosperity Concierge and others don’t believe in the inevitability of inflation. Still, we value Mr. Karlgaard’s opinion. Continue reading If the U.S. Doesn’t Start to Save, is Inflation Inevitable? What if the government were to transfer lots of money from those who lived within their means to those who didn’t? Would it not only be ineffective but irresponsible? Would it create moral hazard? Would it serve as a disincentive to live within one’s means?would it encourage the transfer of wealth to societies (ie. other Continue reading Should Those Who Lived Within Their Means Help Those Who Didn’t? Will big government bring us prosperity? How big we decide to have our government – now 25 percent of GDP - will impact our prosperity – our ability to build wealth from domestic companies (we can always tap growth in emerging markets), the tax bill to pay for transfer payments to others, the regulation that affects Continue reading Will Big Government Give us Prosperity? Federal Spending is 25% of GDP The concept of risk is inherent in life – it affects just about everything we do that makes up our “lifestyle”. Most certainly risk affects our investing. It also affects how we manage our career. Continue reading Risk – Where it Comes From and How it Affects our Lifestyle Prosperity is a destination, a lifestyle, a journey. It’s happiness, fulfillment and enrichment. Continue reading “Before I Die” – Preparing For, And Living, A Full Life Some of the best career advice has always been to stay networked. One reason is so that if you were forced to find a job you would have access to people that could help you. Continue reading Best Advice for the Unemployed: Stay Networked and Physically Fit Times can get tough. Loss of a job. Stock market crash. When times get tough will you be ready? Continue reading When the Going Gets Tough the Tough Are Going to Be Ready What constitutes a high quality of life? Spending? Irrational exuberance? A tranquil setting? In the midst of Manhattan, over the course of 60 years, one can see tranquility and exuberance. It begs the question: How do we define a lifestyle of the highest quality. Continue reading High Quality of Life – Tranquility or Exuberance |
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