Politics Once Again Plays A Key Role In The Work Of George Soros

The New York based hedge fund legend George Soros has spent much of his career living and working in the U.S. as he has found his own niche navigating the hedge fund markets from the 1969 establishment of the Soros Fund Management brand in 1969 onward. Soros has spent much of his time living and working in New York where he was a popular figure in the Greenwich Village area of the city that positioned him in the very heart of the counter culture of the late 1950s and early 1960s; Politico reports the liberal viewpoint seen by George Soros throughout his time living with left leaning individuals who have helped shape the outlook the Hungarian born investor has on the world. Know more on investopedia.com about George Soros.

Forbes reports George Soros has more than $25 billion in his personal fortune and the backing of his Soros Fund Management brand that is thought to manage assets worth around $30 billion. These huge levels of funds have been used by George Soros to develop his own network of political and charitable groups largely donated to under the Open Society Foundations banner established in 1984 when Soros was seeking to provide a greater level of support for the people of the world who were wishing to escape the problems of living under tyrannical rule. In a recent Politico article a number of aides and advisors to George Soros revealed he had become more politically active than at any point in recent years as he felt the world was sliding towards a dangerous and dark period for humanity. Visit Project Syndicate to learn more about George.

George Soros has shown his political activity in 2015, 2016, and 2017 by making large donations to the campaign of Hillary Clinton in her quest to become the first female U.S. President; the support was spread across a number of different groups, including a series of donations made directly to the campaign of Clinton and to the Super PAC’s supporting her that totaled around $25 million by the time the election took place. As a supporter of the Democratic Party the political future of the party has been a major cause for George Soros to support in the wake of the election of President Trump, who as a candidate Soros made sure to criticize for what the hedge fund icon believed to be a major level of racist rhetoric provided over the course of the campaign. The Democracy Alliance has been a major part of the work completed by George Soros throughout the 21st century and has continued to be part of the political activity of the Holocaust survivor in the wake of the arrival of the Trump Administration; Soros has pledged to aid the Democratic Party in their bid to take the first steps back to power with a series of grassroots election campaigns undertaken with the backing of Soros and his fellow wealthy liberal donors.

Read more: http://www.cnbc.com/george-soros/

Social Security a Topic Often Left Out of Financial Planning

Financial planners have been leaving out key advice to many who are planning their retirement incomes according to a new study by Nationwide Financial. A survey of people within 10 years of retirement discovered that most were not getting social security advice on soundcloud.com. Not only that, financial advisors were likely to lose their clients if they didn’t include social security benefits in their plans. Four out of five of the people surveyed said they’d find another advisor for that reason.

In an interview with the Wall Street Journal, David Giertz said the likely reason for this was the complexity of the subject. He noted that the social security handbook contains over 2000 rules for advisors to take into consideration when crafting retirement plans at https://www.instagram.com/davidgiertz6/.

Gietz said that social security income is an important contributor to a retirement income plan on moneytips.com. The reason it’s important to include is that it can constitute up to 40% of retirement income. When social security benefits are begun early, retirees can lose up to $300,000 in 25 years, which amounts to $12,000 annually. Therefore, it’s not an optional topic for financial planners to skip.

David Giertz has been in the financial planning business for over three decades. David Giertz is Senior Vice President of Nationwide Financial Distribution and Sales at Nationwide Life Insurance Company. He has held that position since 2013. He previously had been President of Financial Institutions-Distributors Channel and President of Financial Institutions-Wirehouse Distribution Channel at Nationwide. Giertz holds an MBA from the University of Miami School of Business.