by meep
I love a good story proving the value of annuities.
“Annuity” simply means something regularly paid annually, in its original sense. And Bobby Bonilla Day celebrates anannual payment. Huzzah!
I have written about Bobby Bonilla Day a few times before. Here is my post in 2016 and the post from 2018.
I will combine elements from both posts to celebrate both July 1 (Bobby Bonilla Day… okay, it’s also Canada Day… but...
by meep
This occurred at the beginning of June — the Department of Labor issued an information letter regarding the use of private equity funds in DC (defined contribution) plans like 401(k)s.
I am not all that pleased with this. I don’t like the spread of either private equity or private placement...
by meep
You knew this one was coming. We all knew this one was coming.
Let me sample from a recent interview with Lori Lightfoot in the NY Times
Q: Let’s talk about the city’s financial situation. You’re facing a near-billion-dollar budget gap. That would be hard to address during an affluent...
by meep
Yeah, I’m in no hurry to get through all my overviews of states and cities under fiscal stress. It’s been a really rough week for me, and while I did my last reactions post a month ago, there are more pieces to post.
These reaction pieces are going...
by meep
I wasn’t planning on posting today, but I saw a few clever things, and some stuff I don’t want to make a full post on.
(Also, to note in passing, I’m no Thomas Sowell. But then, who is? Excepting Tom Sowell.)
So let’s get to it.
Okay, maybe this isn’t the...
by meep
Howdy all — I have plenty of posts upcoming on fiscally-stressed states and cities, pensions, and mortality trends. But I have a webcast coming up on Wednesday that I need to finish the slides on, etc., so I don’t plan on posting til Thursday, if not Friday. [not...
meepbobeep
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