The Reformed Advisor

Category: Money

BOOM: President Trump Defunds Planned Parenthood! Here’s My Big Concern.

Posted on June 6, 2018 in Life, Money, Public Policy by

A Vice President for Planned Parenthood commented:“Under this rule, people will not get the health care they need. They won’t get birth control, cancer screenings, STD testing and treatment, or even general women’s health exams.” This just shows the desperation of Planned Parenthood as they completely ignore the facts. For example, the following was reported concerning this proposal:

Would You Like Elon Musk or Jeff Bezos to be Your Boss?

Posted on May 30, 2018 in Money by

Any CEO of a publicly traded company that relies on other people’s money to conduct business should treat questions about his company with more respect. Showing such contempt for shareholders as Musk has is no way to run a company.

Maybe Jeff Bezos, the founder of Amazon will do better at respecting shareholders money.

Maybe not.

Social Justice Warriors Make Bad Financial Advisors

Posted on May 23, 2018 in Money, Public Policy by

Hogg likely neglected to realize his Twitter army is composed of millennials and other activists looking to take on the gun industry. It’s entirely possible that most of Hogg’s Twitter followers don’t even have an investment account. The question his team of PR advisers might have forgotten to ask is “how many of these followers have influence in the investment management space?” The answer is clearly: none.

What Happened to Aflie Evans Comes Down to Money

Posted on May 15, 2018 in Life, Money by

A collective cry of outrage was heard around the world as once against the socialized single-payer healthcare system of the

Manufacturer Willing to Endanger Children to Make a Profit

Posted on May 1, 2018 in Money, Public Policy, Sexuality by

Let’s add some perspective to this scenario: engaging in sexual activity with a minor is illegal. Producing or consuming child pornography is illegal. And yet, at this very moment sex dolls made to appear child-like are being manufactured for sale. This means people that struggle with unnatural and illegal desires will be able to somewhat live out their fantasies.

How Identity Politics is Costing You Money

Posted on April 17, 2018 in Money, Public Policy by

In recent years we’ve become more knowledgeable about the causes many corporations support than their actual services. Scores of people can’t tell you what’s inside a Hobby Lobby store, but they know they would never step foot inside because they support traditional marriage. Others have no idea what an AR style gun is and don’t know a single NRA member by name, but they know both are evil.

Toys R Us Partners with Organization That Killed Customers

Posted on April 11, 2018 in Money, Public Policy by

Toys R Us supported the Komen foundation. Komen actively partners with Planned Parenthood. Planned Parenthood is actively killing the customer base of Toys R Us. Toys R Us says declining birth rates contributed to declining profits and, ultimately, to the end of their business.

The lesson here is simple, if kids are your customer base, don’t support – directly or indirectly – any organization that works to kill your customer base.

How Casino’s Create Government Dependent Gambling Addicts

Posted on April 3, 2018 in Money, Public Policy by

The typical arguments in favor of opening a casino range from improving state sponsored services like schools and hospitals to increasing funding for education. On the surface these sound like honorable goals for bringing a casino to a community that may otherwise be struggling. But, as the gambling watchdog group Stop Predatory Gambling makes clear, these goals are rarely realized:

Americans are Financially Illiterate – and Maybe Insane

Posted on March 27, 2018 in Money by

But financial literacy is more than just knowing the tools and resources needed to be financially successful. Financial literacy includes understanding the “why” behind the financial goal. A writer for Bloomberg Finance recently told Financial Advisor IQ “Once you know why to do it there are resources that will show you how.” Maybe the “why” is more important than the “how.”

For example, accumulating funds that will be tax-free in retirement is a great idea. But the average American is not likely to put much priority on this without knowing why it’s important.

The Lottery: Government Sanctioned Gambling Preying on the Poor

Posted on March 21, 2018 in Money, Public Policy by

The lottery, then, is nothing less than another tax enacted by the government on (sometimes) unsuspecting people. And though the lottery is a voluntary tax, it is often pushed by media hype as the growing jackpot becomes a focal point of the news. And though studies have long-shown the financial damage caused by the lottery to lower-income people, this tax doesn’t appear to be going away anytime soon. The government is not likely to end such a large revenue stream. So the preying goes on.

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