Woods Financial Blog

Female Influence

July 24, 2012

Traditionally, we’d hear about the “woman behind the man.” But these days, women seem to be emerging more front and center as we read daily news about their roles in consumer spending, corporate boardrooms, driving economic expansion as small business owners, and as major players in this year’s presidential election. Corporate America In 2008, Paul…

Health Insurance for All

July 17, 2012

The much-awaited ruling finally came as the Supreme Court determined that the Patient Protection and Affordable Care Act (PPACA) is for the most part  constitutional. The biggest question was whether or not the federal government could mandate legislation requiring that all Americans purchase health insurance. It can’t, of course, but what was ruled constitutional is…

Organic Growth

July 10, 2012

We often read about how large American corporations have done such a great job of cutting back expenses and strengthening their balance sheets. And yet, our economy continues to languish. Many attribute this lack of growth to unemployment and unwillingness of corporations to open their pocketbooks and invest in growth, for fear of the financial…

A Post-Apocalyptic World

July 3, 2012

Perhaps the U.S. subprime mortgage debacle that kicked off economic recessions, debt crises, and job losses all over the world can’t quite be described as an apocalypse. However, the world may seem a bit apocalyptic if you’ve lost your house and have been out of work for a year and a half.   They say…

Let’s Talk Pensions

June 26, 2012

It used to be (just a few years ago) that if you worked for a company that offered a pension, you were one of the lucky ones. That retirement income was reasonably secure compared to workers contributing to a 401(k) or other defined contribution (DC) plan. Not so much anymore though. First of all, government…

Euro Blues

June 19, 2012

This line was recently floated across social media sites: “Greece is collapsing, Iran is getting more aggressive, and Rome is in disarray. Welcome to 450BC!” Indeed, the similarities are interesting to note. And with the 2012 Olympic Games in London on deck alongside news of Greek austerity rebellion, it’s easy to recall the days of…

Good News in Real Estate

June 13, 2012

Hope…it may be the most powerful force in the universe. Evidence shows time and time again that when people receive just a glimmer of hope that they may be able to achieve something, that hope is the driving force that can move mountains, end wars and, apparently – increase home property values.   Dare we…

Lower Cost Health Care in Sight?

June 6, 2012

While there is ongoing debate over whether The Patient Protection and Affordable Care Act can mandate that every American must purchase health insurance, just about everyone from insurers to employers to health care providers to patients can agree that the health care system in the U.S. needs major reform.   Fortunately, reform is already underway.…

Newton’s Law of Economics: The Power of Sentimental Investors

May 29, 2012

Newton’s Third Law of Motion (for every action there is an equal and opposite reaction) may well apply to the correlation between investments and investor sentiment.   For example, the nation’s largest bank, JPMorgan Chase, recently announced that instead of posting $200 million in profit, as it had previously estimated, it had actually lost $2…

Financial Infidelity

May 22, 2012

Are you cheating on your spouse? Financial infidelity is another way of saying you spend household money without telling your other half about it. It happens all the time. In fact, according to a new survey by The American Institute of CPAs (AICPA)1, three in 10 adults who are either married or living with a…