By Professor Ricardo Ulivi, Ph.D. February, 2014 A trend I have noticed recently is that baby boomers are buying vacation homes, where they can spend part of the year. What are the costs and benefits of this? Do Emotions Justify a Large Investment? Does it make sense to buy a vacation home? After all, you

By Professor Ricardo Ulivi, Ph.D. December 2013 Three years ago I started seriously considering retiring from my university teaching—after more than 30 years of doing so–but I was troubled about the implications of this decision. So, I asked members of an Internet forum of financial advisers for some guidance as to what to do with

By Professor Ricardo Ulivi, Ph.D. November 2013 The stock market continues to roar, setting new records nearly every day. Isn’t it wonderful? After all, we invest to make money—that is, to buy low and sell high. So, if you haven’t sold, should you? Or, if you hang in there, will you make a few more

By Professor Ricardo Ulivi, Ph.D. October 2013  The Federal government and Congress will soon meet again, at sundown, and draw guns on the issue of whether or not to increase the debt ceiling. What do you think will happen? What will be the consequences of a yes or no vote?  The Treasury Department today warned

By Professor Ricardo Ulivi, Ph.D. September 2013 Yesterday, the Fed decided to continue injecting heroin into the blood stream of America. The stock market, like any junkie, became euphoric. No wonder–it’s enjoying the same high an addict experiences with every new dose. The Fed explained that it needs more evidence that progress will be sustained