We Need More Capitalists!
On this program I explore a couple of issues that plague investors as they attempt to invest wisely. The idea of market timing is an alluring but ultimately fruitless idea that has tantalized investors for a very long time. Countless experts pitch their ability to time the market but actual evidence of their success is slim at best. Meanwhile, uncertainty is something that all investors have to learn to live with. The constant battle between wanting safety and good returns is something that investors deal with all the time. In the program I spend time on these issues and how they often stop people from saving and investing for their future.
In the second half of the program, I touch on wealth inequality. This subject is currently being used by many politicians to rally people to a populist cause. Unfortunately, most of these politicians are using the subject for their own political survival instead of offering true solutions that can help regular folks. I steer clear of the politics on the program and explain how people should solve this problem for themselves. Finally, at the end of the program I talk about one of the problems causing extreme wealth disparity. A fundamental problem is the lack of a savings vehicle (retirement plan) at their place of employment. Once again government is looking to create big programs to solve the problem, even though a simple and straight-forward solution has existed for several decades. Payroll deduction IRA programs are simple, easy and a great solution for many employers and their employees.
I hope you enjoy this program and thank you for listening to Gary Allen on Business on KNBR 680 San Francisco.
Podcasts of Gary Allen on Business – Available Again
My apologies to everyone for the technical problems my blog has experienced over the past two weeks. For some reason, the podcast files decided to vanish from the posts. Possibly it can be explained due to this being vacation time and they might have needed some time off. The good news is the files are now back and you are able to listen to many of my previous shows once again.
Thanks to the folks at WordPress for their hard work on solving the issue and bringing the podcasts back to life. Fortunately, I was able to get a candid photo of one of their crack technicians at work while fixing my blog. As you can see, he is very focused on the problem and the best part is everything turned out just right. Thanks again to the WordPress folks for doing their best to resurrect the files from the dead. A friend of mine said the Federal Government and the IRS should take some lessons from WordPress on how to recover lost files.
We will be posting new files from the shows over the past two weeks and hopefully everything will be just fine. Thanks again for your patience and thank you for listening to Gary Allen on Business on KNBR 680 San Francisco.
Thanks to some of my listeners for sending me emails pointing out a problem with the podcasts of the program. The audio play lists on the website have malfunctioned. For some unknown reason, the podcasts of my radio program are currently unavailable on the website. The great folks at WordPress are looking into the issue and hopefully we will have it solved soon. Thanks so much for your patience and thank you for listening to my radio program on KNBR 680 AM San Francisco – Gary
Here is an update on the issue…that might work until we get to the bottom of it.
“I’ve contacted our developers, and we’re looking into a solution. In the meantime, I’ve found that “force refreshing” the page sometimes causes the audio player to reappear. It’s not a permanent solution, but it may help your site visitors to access the content while we work on this.”
A force refresh or reload will cause the browser to re-check with the web server to make sure it has the latest copy of the web page you are viewing. Here are keyboard shortcuts for force refreshing your browser:
•Windows: Ctrl + F5
•Mac/Apple: Apple + R or Cmd + R