TALKING HEADS DON'T THINK LONG RUN!
I heard a "talking head" on CNN say yesterday say this: "In 1998 the world was producing oil at 85% capacity ... today we are at 98% capacity." She then asked her guest "What do you think that means?"
WHAT DO YOU THINK IT MEANS???? We are near peak capacity & global demand is continuing to increase (see Brazil, Russia, India, China) ... IT MEANS PRICES WILL CONTINUE TO RISE OVER THE LONG RUN !!!(DUH). Think 10 years out...what will oil cost? What impact will its price have on the economy. I think we should take this into account TODAY as we plan our financial future. ...........Stay tuned for more specifics.
About Me
- Tom Windfelder
- I come from a family with a long history in aviation. As a result, I often use aviation imagery. I conduct a thorough “pre-flight check list” with clients before developing a solid “financial flight plan”. My process addresses current financial position, risk management, tax management, investment management, retirement planning and estate planning. Before forming TBROOKS in 2000, I was Senior VP General Manager of Kaufmann’s in Pittsburgh, (now Macy's) where I gained decades of planning experience. I conduct seminars on financial planning for corporate groups and have led many seminars on education planning. I live with my wife Carol, and our two dogs (a Lab & a Shitzu) in Mars, Pa.
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