Weekend Reading

A New Take on the Minimum Wage

For this weekend’s reading, we would like to share an article written by the founder of Philadelphia’s own La Colombe Coffee Roasters, Todd Carmichael. He believes that paying employees the federal minimum wage of $7.25 per hour is not only bad culture, it’s also bad business.  We at MORWM agree.


I wanted to discuss very briefly the current market conditions, most notably the new highs, and reiterate both our mid-term and longer-term forecasts.  After which, I’m itching to discuss Warren Buffet’s comments of this past Wednesday when he predicted that the Dow Jones Industrial Average, in 100 years, will reach 1 Million!!!  Has the old man lost it?  Not even remotely. 

Missiles and Hurricanes

Dear Clients and Friends,

Surprisingly, we’ve not fielded many questions related to North Korea or either of the two major storms consuming the news this week and last. However, after nearly 20 years of managing wealth, I must assume that these questions would be asked if any of our clients had the time this week to ask them.  So to preempt the question, let us turn to “IMO” for some insight.

Rain Gardens 101

Any gardeners out there? How about environmentalists? Both?? Even better…this weekend’s reading is a primer on rain gardens. What does this have to do with financial planning? Absolutely nothing. It does, however, tie in to the MORWM belief that we are all responsible for making a positive impact on the world, large or small.

Weekend Reading: Market Risk August 2017

Weekend Reading – Monthly Risk Update

Dear Clients & Friends,

It’s time for our monthly update on prevailing economic and investment market related risks. In most months we focus mainly on market related risks as that seems to be more interesting to most of our clients and gives a more direct line of sight to their investment portfolio.  However, this month, we are going to discuss metrics related to the economy instead of the market, and here’s why.

Ramer on the Radio: The "Hot" Market

Dear Clients & Friends,

For this weekend, we share with you another radio broadcast from 610AM Radio here in Philadelphia. During this session, the host asked about the recent “hot”market, the implications thereof, and how much the Trump effect has contributed thereto. We also talked briefly about the hazards of a false sense of confidence.  Next week we will share our monthly market risk update which many of you have been asking about. 

Living Trusts 101

Dear Clients and Friends,

This weekend’s reading is short and sweet, but it answers a very common question and hopefully resolves a common myth. The questions at hand are: what is a living trust and why is everyone telling me that I need one?

Well, first of all, in very few cases does anyone “need” a living trust. It brings a few benefits, but also costs money to set up.  So let’s review briefly what a living trust does and does not do….

What is a Living Trust?

New MORWM Employee!

Dear clients and friends,

Please everyone gather around as I, with tremendous excitement and great honor, introduce to you the newest member of our MORWM family, Gloria Hang!

As most of you know, we do not simply hire the best candidate we can find in a fixed period of time.  Hardly! We began interviewing several months ago, and it was not until we found a truly exceptional person with great culture and a strong sense of giving that we invited Gloria to be a member of our family.

Ramer on the Radio: Recession and Amazon Whole Foods Acquisition

Dear Clients and Friends,

Given the effort put into last weekend’s extremely important article, we are going to take a break this weekend.  However, we thought that you might enjoy another radio appearance that we made recently, during which we briefly talk about the Amazon / Whole Foods acquisition before moving on to a less scripted conversation about the recession research that we put forth in our article last Sunday. 


Very Important Weekend Reading: What to Expect 2017 - 2019

Dear Clients & Friends,

This Weekend’s Reading is likely to be the most important of this calendar year. Below, I will formally outline my forecast for a recession, or at least a steep market correction of at least 20%, possibly as much as 50%, in late 2018/early 2019. Please don’t read this while waiting in line at the supermarket.  This article deserves undisturbed attention, so please take the time to read carefully.