Haddon Libby

NEWS YOU CAN USE

NEWS YOU CAN USE

By | July 28, 2016 at 3:37 am | No comments

By Haddon Libby With wall-to-wall coverage of the Presidential election and shooting sprees by the various news networks stretching their reporting capabilities to their breaking level, let us here at CV Weekly keep you informed on other important news stories that are not...

Posted in: Columns, Haddon Libby

GOVERNMENT WASTE

GOVERNMENT WASTE

By | July 14, 2016 at 7:11 pm | No comments

By Haddon Libby I think we all know that the Federal Government wastes an awful lot of money. Below are just a few of the more outrageous wastes of our tax dollars: THE ARTS The National Endowment for the Arts (NEA) gave the Colorado Symphony $15,000 in order to host...

Posted in: Columns, Haddon Libby

Rio 2016

Rio 2016

By | July 7, 2016 at 2:24 pm | No comments

By Haddon Libby The start of the Summer Olympics in Rio de Janeiro, Brazil are only a few weeks away. Much focus has been put on the dangerous Zika virus that is spread by mosquitoes and the filthy conditions that many will have to compete in. As one example, thirty-two tons...

Posted in: Columns, Haddon Libby

In(ter)depence Day

In(ter)depence Day

By | June 30, 2016 at 3:32 am | No comments

By Haddon Libby Interdependence or independence?  This is the issue that the United Kingdom voted on June 23rd.  While we all recognize the beneficial value to working as part of a group, giving up independence is a tough sacrifice for most of us.  When those in control...

Posted in: Columns, Haddon Libby

Heat of the Moment

Heat of the Moment

By | June 24, 2016 at 12:43 am | No comments

By Haddon Libby On the first day of summer, temperatures in the Coachella Valley surpassed 120 degrees. Despite these scorching temperatures, two ‘rocket scientists’ decided to hike the Bump and Grind Trail.  It was so hot at the time of their 911 call that a rescue...

Posted in: Columns, Haddon Libby

Radical Extremism

Radical Extremism

By | June 17, 2016 at 12:20 am | No comments

By Haddon Libby The attack at the LGBTQ club in Orlando last week was a hate crime undertaken by a deeply disturbed Muslim man.  Despite a casualty count of more than 100 people, this horrific event equates to less than 2% of all hate crimes in the United States in a...

Posted in: Columns, Haddon Libby

SCHOOL’S OUT

SCHOOL’S OUT

By | June 12, 2016 at 12:16 am | No comments

By Haddon Libby Four in five California high schoolers will graduate putting us on par with the national average of 81%. Iowa has the highest graduation rate at 90% while Oregon is the lowest at 68% while the District of Columbia graduates 60% of high schoolers. Looking...

Posted in: Columns, Haddon Libby

Marauding Hippos

Marauding Hippos

By | June 2, 2016 at 7:54 pm | No comments

By Haddon Libby Most news services in the United States do very little international news reporting.  This week, let’s look at a few of the more interesting stories that have had little to no reporting here in the United States. Starting in Iran, Payvand News reported...

Posted in: Columns, Haddon Libby

IN THE NEWS

IN THE NEWS

By | May 28, 2016 at 1:31 am | No comments

By Haddon Libby Most news broadcasts in recent years have reduced their news content in search of higher ratings.  While the news still covers a few key stories, there is really very little being reported for a world of more than 7 billion people. Fear not, we here at CV...

Posted in: Columns, Haddon Libby

Universal Basic Income

Universal Basic Income

By | May 19, 2016 at 8:30 pm | No comments

  By Haddon Libby As automation eliminates many jobs and third world countries strip us of lower paying jobs, what are displaced workers supposed to do? If you believe that they should become retrained in another field in order to find another job, what do we do as...

Posted in: Columns, Haddon Libby

The Banking Underworld

The Banking Underworld

By | May 12, 2016 at 2:23 pm | No comments

By Haddon Libby In April, a data breach of Panamanian law firm Mossack Fonseca provided the largest look yet at the shady underworld of offshore banking.  Called the Panama Papers, 11.5 million documents were leaked related to the organization of more than 214,000 offshore...

Posted in: Columns, Haddon Libby

Self-Driving Cars

Self-Driving Cars

By | May 6, 2016 at 1:38 am | No comments

By Haddon Libby Back in 1939 at the New York World’s Fair, there was an exhibit called Futurama.  This exhibit showed a future where cars were controlled remotely. Hollywood further imagined autonomous cars with the Herbie the Love Bug, the Batmobile, KITT from Knight...

Posted in: Columns, Haddon Libby

Gutting the Social Safety Net

Gutting the Social Safety Net

By | April 21, 2016 at 3:01 pm | No comments

By Haddon Libby As the Coachella Music Festival is doing a re-run of last weekend’s festival, I thought I’d do something similar with an article from four years ago as the topic is important enough to write again. If you are under 55, there is a strong likelihood that...

Posted in: Columns, Haddon Libby

Rigged Justice

Rigged Justice

By | April 14, 2016 at 12:48 pm | No comments

By Haddon Libby Massachusetts Democratic Senator Elizabeth Warren released a report showing how law enforcement is rigged such that white collar crime by large corporations seldom leads to even an admission of guilt.  Warren states that this “failure to prosecute big,...

Posted in: Columns, Haddon Libby

Remember These Tax Deductions

Remember These Tax Deductions

By | April 7, 2016 at 2:51 am | No comments

By Haddon Libby Will Rogers once said that income tax “has made more liars out of the American people than golf." All but 10 million tax filers will have their returns done and filed by the 15th.  For those of us running late, the IRS gives a six month extension with...

Posted in: Columns, Haddon Libby

Trump, Taxes and an Irish Apple

Trump, Taxes and an Irish Apple

By | March 30, 2016 at 4:42 pm | No comments

By Haddon Libby Where the Bible uses 700,000 words to give guidance, the U.S. tax code needs 3,700,000.   It was only 100 years ago when the federal tax code was 400 pages in length.  Today, it is over 70,000 pages long. This year, it is estimated that Americans will...

Posted in: Columns, Haddon Libby

The Hitler Card

The Hitler Card

By | March 24, 2016 at 6:58 pm | No comments

By Haddon Libby In almost any heated debate, it is inevitable that one side will compare the other to Hitler.  Sometimes called the “Hitler Card”, this tendency is so common that self-promoting and now noted attorney Mike Godwin termed this behavior as Godwin’s Law. ...

Posted in: Columns, Haddon Libby

Failure Breeds Success

Failure Breeds Success

By | March 17, 2016 at 2:40 am | No comments

By Haddon Libby One of the unique things about the Coachella Valley is that many of the world’s most successful people come to our community this time of year. There is a common thread amongst many of the most successful people - they have failed a lot.  Ralph Heath,...

Posted in: Columns, Haddon Libby

Apples and Oranges

Apples and Oranges

By | March 10, 2016 at 10:44 pm | No comments

By Haddon Libby For those of you with investments in stocks and bonds, do you know how your portfolio is performing?  If you are like most people, the answer is ‘no’.  For those of you who think you know how your investments are performing, think again. For regular...

Posted in: Columns, Haddon Libby

News From Canadia

News From Canadia

By | March 3, 2016 at 12:39 pm | No comments

By Haddon Libby To help our most favorite of snowbirds from the north to a little bit more at home, let’s take a look at news from Canadia this week. On February 27th, Canada welcomed their 25,000th refugee from Syria since November.  Half of these people will have all...

Posted in: Columns, Haddon Libby

APPLE, McAFEE & The FBI

APPLE, McAFEE & The FBI

By | February 25, 2016 at 1:52 am | No comments

By Haddon Libby Last week, Mark Cuban said, “Every tool that protects our privacy and liberties against oppression, tyranny, madmen and worse, can often be used to take those very precious rights from us. We must stand up for our rights to free speech and liberty." Cuban...

Posted in: Columns, Haddon Libby

Homage to Andy Rooney

Homage to Andy Rooney

By | February 18, 2016 at 1:42 am | No comments

By Haddon Libby For those of you who don’t know who Andy Rooney is, he had a three-minute commentary piece at the end of the television program 60 Minutes for thirty-three years until just before his death five years ago at the age of ninety-two.  His segments were rich in...

Posted in: Columns, Haddon Libby

THE PRESIDENTS

THE PRESIDENTS

By | February 11, 2016 at 5:22 am | No comments

By Haddon Libby Did you know that President’s Day started as a celebration of George Washington’s birth?  This holiday was first celebrated in 1885 on Washington’s actual birth date which is February 22nd and moved to the third Monday in February in 1971 as part of the...

Posted in: Columns, Haddon Libby

V-Day

V-Day

By | February 4, 2016 at 1:50 am | No comments

By Haddon Libby During the day, I manage investments for my friends and clients.  Despite 2016 being one of the roughest starts in history, my core stock portfolio is essentially flat…which is 5-7% above the market.  Not bad, right?  In fact, damn good.  I’m patting...

Posted in: Columns, Haddon Libby

YOUR GUIDE TO SUCCESSFUL INVESTING

YOUR GUIDE TO SUCCESSFUL INVESTING

By | January 28, 2016 at 12:32 am | No comments

By Haddon Libby Has recent volatility in the stock market left you feeling queasy like a rough rollercoaster ride? Here are a few investing tips used by successful investors that might help you. Successful investors have an Investment Plan and an Investment Philosophy...

Posted in: Columns, Haddon Libby

Times, They Are A Changin’

Times, They Are A Changin’

By | January 21, 2016 at 12:40 am | No comments

By Haddon Libby The stock market got off to its worst two-week start to a New Year in HISTORY.  Does this indicate the start of another stock market crash on par with 1929 or 2008? The short answer is ‘no’.  If you want to understand more, feel free to email me at...

Posted in: Columns, Haddon Libby

IN TOPSY-TURVY WORLD…

IN TOPSY-TURVY WORLD…

By | January 14, 2016 at 12:10 am | No comments

Last week, initial jobless claims fell to the lowest levels since 1973 and the unemployment rate dropped to 5% - a level that used to mean full employment.  While this was going on, the stock market got off to a resounding thud by declining 7%. What does this all...

Posted in: Columns, Haddon Libby

New Laws for 2016

New Laws for 2016

By | January 6, 2016 at 4:26 pm | No comments

By Haddon Libby California rang in the New Year with 807 new laws.  Here are a few of them: In a win for microbrews, beer-tasting events can now happen at certified farmer’s markets. You cannot wear earphones when driving a car or riding a bike.  This is in addition...

Posted in: Columns, Haddon Libby

Supreme Commander of Penny Stocks

Supreme Commander of Penny Stocks

By | December 30, 2015 at 4:33 pm | No comments

By Haddon Libby Has anyone ever approached you to invest in ‘the next hot thing’ or a ‘can’t miss opportunity’? For every legitimate start-up or small company, many fail despite the best of intents with many more formed and failing with fraudulent intent. How do...

Posted in: Columns, Haddon Libby

Investing: Market Recap for 2015

Investing: Market Recap for 2015

By | December 23, 2015 at 12:04 pm | No comments

By Haddon Libby Since the financial crash of 2008, investors have had six years of solid returns that replenished their accounts so long as they had stayed invested throughout.  This year was markedly more difficult as investors had few areas in which to invest and achieve...

Posted in: Columns, Haddon Libby

The Grinch Who Stole My iPhone

The Grinch Who Stole My iPhone

By | December 16, 2015 at 11:51 pm | No comments

By Haddon Libby Two weeks before Christmas, my daughter and I were at a grocery store.  In the produce aisle, we found an iPhone 6.  We gave it to the store manager for its eventual return to the rightful owner. Only 72 hours earlier, we had been at another store where...

Posted in: Columns, Feature Stories, Haddon Libby

Intolerance Breeds Extremism

Intolerance Breeds Extremism

By | December 10, 2015 at 4:10 am | No comments

By Haddon Libby So far in 2015, 462 people have been killed and 1,314 wounded in mass shootings in the United States.  Dr. Jeffrey Simon of UCLA states that there are no common themes or ideologies across the 209 shootings that have happened this year. The shootings in...

Posted in: Columns, Haddon Libby

ALL ABOUT THE BENJAMINS

ALL ABOUT THE BENJAMINS

By | December 3, 2015 at 2:20 am | No comments

By Haddon Libby Where we use paper, coins and electronic payments to transact financial transactions, people once used other monetary units such as grain, fish hooks, feathers, tobacco, soap, bear teeth, cocoa beans and salt.  The term salary comes from the practice of...

Posted in: Columns, Haddon Libby

The Most Consumerist of Seasons

The Most Consumerist of Seasons

By | November 25, 2015 at 9:53 pm | No comments

By Haddon Libby With the most consumerist of seasons upon us, what is the first thing you think of? Your bank, right? Okay, probably not (unless you are overdrawn) but this is a most joyous season for banks as they will be making buckets of money from your consumerist...

Posted in: Columns, Haddon Libby

TALKING TURKEY

TALKING TURKEY

By | November 18, 2015 at 11:37 pm | No comments

By Haddon Libby As you gather with friends and family for the Thanksgiving holiday, I want to arm you with information that you can use to distract your favorite aunt or uncle and keep them from retelling that story that they have been telling since you were at the kid’s...

Posted in: Columns, Haddon Libby