Submitted by Ricardo Ulivi on January 31, 2012 - 10:17am
By Professor Rick Ulivi, Ph.D.
I constantly hear that people don’t want to pay off their mortgages, because they believe that keeping them is a good way to reduce their income taxes. This can be an erroneous way of thinking, and it reminds me of the old adage about being “penny wise but pound foolish.” Let me explain.
Submitted by Ricardo Ulivi on December 6, 2011 - 9:43am
By Professor Rick Ulivi, Ph.D.
The good news is that the lingering effects of the great recession of 2008 may be disappearing . . . slowly, but disappearing nonetheless. What are some reasons to justify this optimism? I will start with a story and continue with some facts.
Submitted by Ricardo Ulivi on November 7, 2011 - 1:09pm
By Professor Ricardo Ulivi, Ph.D.
In light of the incredible volatility we have experienced in the past few weeks, months and years in the stock, real estate and other markets, many investors are wondering if investing has become a chance game, like playing roulette or black jack in Las Vegas. In other words, has investing become analogous to gambling?
Submitted by Ricardo Ulivi on September 12, 2011 - 7:31am
The jobs plan WILL work.The President’s stimulus program will certainly put more money in our hands, which we can spend buying goods made in China and elsewhere. It will give the Chinese lots of work, and make US and Chinese companies wealthier. For the average American worker, however, it will be a short lived party, because while he will be able to spend more in the short ru
Submitted by Ricardo Ulivi on September 8, 2011 - 10:29am
After another disastrous day in the stock market, I feel it may be helpful to review the relationship between risk and return in order to help put things in perspective.
Submitted by Ricardo Ulivi on September 8, 2011 - 10:28am
We find ourselves within hours of a possible default by the US Government. A default simply means that the government will be unable to pay some of the bills and IOU's that come due, because the limit on its credit card will not have been increased. Catastrophic, right? Maybe, maybe not.
Submitted by Ricardo Ulivi on May 25, 2011 - 10:56am
The answer to this question, whether to take Social Security at 62 or 66, is terribly misunderstood by the public, the general media, and even by many financial advisors. So, what is the appropriate answer? It depends on your assumptions
Submitted by Ricardo Ulivi on April 11, 2011 - 5:27pm
Unexpected inflation can have a huge impact on one’s finances, so it is important that we always forecast it. Therefore, will inflation accelerate from the present low level, or will it stay low?
Submitted by Ricardo Ulivi on March 24, 2011 - 7:27am
A client told me that you retire when you’ve had enough or you have enough. If you’ve had it with work, go ahead and quit; that’s easy. Your peace of mind should not have a price. However, deciding how much is enough is a tougher decision, because you need to decide, among other issues, what is more important for you: time or money? After you hit sixty, you begin to reco
