By Catherine Hill
An inspiration to many who know her (including Seneca High School chum, journalist Diane Sawyer) Brenda Townes started down the long road toward making her lifelong dream a reality when she enrolled in U of L Medical School at age 40.
Up to that time, she had enjoyed a full and satisfying run as a wife, mother, teacher, realtor, runner, gardener and Masters Degree candidate - yet the dream still called.
By Jeffery A. Sexton, Managing Member: Arsenal Investment Advisors, LLC
The turmoil in world financial markets the past two years has caused many investors to question the “fairness” of this casino-like situation. Is a CD or 30-day U.S. Treasury bill the only safe investment for Main Street investors to purchase now? Is the game really that rigged in favor of the house? What happened to just buying Pfizer or Merck and holding on for twenty or thirty years until retirement while collecting nice dividends along the way? Unfortunately, you and your investment advisors (and bankers and real estate agents and CPAs and attorneys) are the unwitting victims of a grand academic experiment at the hands of my professors at the University of Chicago and their colleagues at other top business schools. The slick marketing machine of Wall Street with its bottomless budget only made matters worse.
