Morris Armstrong
Morris has an extensive background in the world of finance. He has spent 25 years as a currency and bond trader, and then another 15 years helping the public with personal financial issues. In 2008, attorneys in Connecticut voted him as one of the top three planners in the Connecticut Law Tribune poll.
He has written for numerous online sites, including Multex Investors, which is now part of Reuters, and has written for several magazines serving the advisory community. He has appeared on CNN. Ocasionally he is graced with a Yahoo Hot 500 badge, and I thank the public for that!
One area that he is passionate about is helping those who are going through a divorce understand the financial ramifications of any settlement. He believes that couples should consider alternatives to the traditional litigation model.
When asked about today's consumer he said "I don't really envy the consumer. Everyone wants to focus on the consumer's assets when in fact it is probably their liabilities that need better managing as well as an introduction to basic budgeting."
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He has written for numerous online sites, including Multex Investors, which is now part of Reuters, and has written for several magazines serving the advisory community. He has appeared on CNN. Ocasionally he is graced with a Yahoo Hot 500 badge, and I thank the public for that!
One area that he is passionate about is helping those who are going through a divorce understand the financial ramifications of any settlement. He believes that couples should consider alternatives to the traditional litigation model.
When asked about today's consumer he said "I don't really envy the consumer. Everyone wants to focus on the consumer's assets when in fact it is probably their liabilities that need better managing as well as an introduction to basic budgeting."
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The Voice of Reason
Displaying Results 1 - 83 (of 83) for Yahoo! Voices
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Learning How to Create a Budget was My Financial SalvationBudgets empower you to reach your goals.
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My Financial Regret -- Having too Much House Cost Me $666,000A large house may be nice but not necessary, and the added expenses for upkeep add up.
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Words We Will Never Hear Obama SayThe President's inauguration may have a few surprises but I doubt if we will hear much truth.
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This Mets Fan Has Reasons to Give ThanksDespite having yet another losing season, the Mets give us reasons to be thankful.
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Football and Thanksgiving Traditions - My Five Football GuestsImagine having five football stars sitting around your table sharing their best and their worst moments of their career?
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Fiscal Cliff Worries: Inability of Government to Compromise, LeadShould America fall over the fiscal cliff, I think that our political process may be called into question and reforms introduced.
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When It Comes to Smoking I Am Proud to Be a QuitterGiving up cigarettes may have been one of the most difficult things I have ever done but also one of the best.
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Hurricane Sandy - a Chance to Share Both Gasoline and TimeThe damage from Sandy is very uneven. Is it unreasonable to expect those communities that are relatively unscathed to make resources available to those in hurt?
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When Hurricane Sandy Hits Connecticut I’ll Be ReadyHurricane Sandy, dubbed Frankenstorm may hit Connecticut Monday. It is important to prepare for possible power outages and other major inconveniences,
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Obama-Romney Debate Ends in Draw; Round Three is Nextthe recent polls show that the election is in a dead heat and the same could be said for the debate.
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Romney Stayed on Course and ConnectedThe presidential debate went well, with neither candidate making a faux pas and Romney connecting
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Carried Interest Needs to Be AbolishedThe notion that carried interest, the tax mechanism which Romney uses, while legal appears to be unfair and without real value to the economy.
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I Upgraded My Music Collection when the Compact Disc ArrivedIt is hard to believe that the compact disc has been around for 30 years and is on its way to being obsolete
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My Economic Confidence Level is Related to the Divorce RateMore people are able to get divorced in better economic times, and I am seeing an increase in that type of business. Is this the classic definition of Schadenfreude
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In '60 Minutes' Interview, Romney Confirms Right Path on Social SecurityObama is correct - this election does present clear choices!
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Mitt Romney's Acceptance Speech Showed Me the WayRomney had to make a great speech, one that showed his humanity, and I think he succeeded.
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Paul Ryan Rocked the RNCPaul Ryan delivered a forceful acceptance speech with laser like attacks on the failures of the current administration.
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Christie Delivers Truth and Respect Over LoveGovernor Christie delivered a good speech in which he urged Americans to face the economic realities and challenges, to restore our core ethos.
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The Stock Market - Lose Money but Gain WeightGained weight? Send a thank-you note to Ben Bernanke, Mario Draghi, Jim Cramer and all those day traders for making the stock market behave the way that it does.
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How My Divorce Helped Me Grow ProfessionallyAfter my divorce, I took the proverbial lemons and made lemonade. I used what I had learned from the process to help others achieve a smoother divorce.
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A Royal Birthday WishPrince William turns 30 on June 21. We asked contributors to send along birthday wishes, goals and suggestions -- in 30 words or less.
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Controlling Expenses is Key to Business SurvivalUnderstanding how to control business expenses is critical to staying afloat, but it isn't always the largest expenses which can be controlled.
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First Person: The Difference Between Cost and Basis at Tax TimeUnderstanding cost basis is crucial when it comes to reporting a taxable loss or gain. Not knowing the answer will cost you money.Also published on:
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Gary Carter Had a Dream-like Mets Debut: A Fan's ViewAll of baseball mourns the passing of Gary Carter but we need to celebrate his life. He had an exuberance that was real and knew what was important in his life.Also published on:
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First Person: The Payroll Tax Extension Won't Factor Into My Hiring DecisionsThe extension of the two percent reduction in FICA contributions by employees is welcome but does not help small business owners.Also published on:
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First Person: I Think My Condo in Connecticut Has Finally Stopped Losing ValueIn my area of Connecticut, home prices are stabilizing, and that is the important first step towards a housing recovery.Also published on:
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Citibank Issues Customers Inflated Form 1099sCitigroup may find itself in a PR nightmare as politicians and lawyers question how they could issue tax forms in exchange for miles, and inflate the value of each mile by nearly double!
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Romney’s “I’m Not Concerned About the Very Poor” Remark is RefreshingSome are arguing that Romney was being dismisisve of the plight of America's poor. Anyone who watches the interview or reads the transcript should understand that is not the case.Also published on:
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East Haven's Top Cop, Leonard Gallo, Should Be Permitted to RetireLeonard Gallo should be allowed to retire. The fact that the mayor and police commission may have been derelict in their duties does not give them the right to deprive Gallo of unused sick time.
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Freedom of Marriage is a Civil RightThe issue of same-sex marriage continues to dominate New Jersey politics and social fabric.
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East Haven Mayor Needs to ResignMayor Maturo thainks that be eating tacos he is addressing the needs of his Latino residents. He is sorely mistaken.Also published on: -
Many Politicians Softening Opposition to Same-Sex MarriagesIt seems that there is a decided increase in the number of influential politicians who are supportive of same-sex marriages. Are politicians leading or following the people?Also published on: -
Gingrich Must Learn the Difference Between Being Poor and Being LazyNewt Gingrich needs to speak bluntly if he wishes to survive the primaries. When he speaks of the poor, and their lack of work ethics, he must define who the poor are.
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Home Depot and Lowes Can Be My DownfallImpulse spending is wasteful and can lead to clutter. I am guilty of this whenever I go to the big hardware stores and need to learn to control what I buy!
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Republican Attacks on Romney Are OKWould you rather have a candidate's dirty laundry aired before the convention or in the general election? As long as the attacks are fair and honest they should continue.
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How I Reduced My Auto Insurance Bill by Following Simple StepsAuto insurance companies offer many attractive discounts so that you can pay less for money for your auto insurance coverage.
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Herman Cain Does Not Remember His AccuserHerman Cain may or may not be innocent of the inappropriate behavior that he has been charged with but his "I do not remember my accuser" line may become fodder for late night show comedians.
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Governor Christie to Endorse Mitt RomneyPerry, Cain may focus their attacks on the Republican front-runner.
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Fan’s Reaction: Nelson Cruz’s Walk Off Grand Slam — All the Right Stuff!Nelson Cruz and the Rangers showed us how to hit a real walk off grand slam, although it was not the first ball to be hit over the fence with the bases loaded.
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The Emotional Pain of Losing a Pet is the True Cost of OwnershipOwning a pet is a wonderful experience but the price we pay may not be calculated until the end.
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Replacing Your Auto Headlights - DIY and Save MoneyMany auto maintenance tasks are simple and do not require special tools or training. Start with the simple tasks, build confidence and save money.
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Seven Steps to a Better DivorceDivorce, while not pleasant, does not have to be a brutal battle in which no one wins.
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Golden Benefits for Those Who Are of the Silver AgeThere are plenty of discounts available for those 55 and over, all you have to do is ask.
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How Olympic athletes make moneyAthletes receive stipends which help them during training, but the money from endorsements is the big pay-off.Also published on:
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Maybe There Should Be a Constitutional Amendment ProposedWe may have dodged a fiscal bullet but the government needs to do create a more long lasting and appropriate approach than waiting to the last moment.
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First Person: How My Motorcycle Shaped My CharacterWe can learn alot about ourselves from our experiences with our toys. Sometimes we learn the hard way.
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Five Little Actions that Will Make You RicherGetting richer doesn't have to mean making a killing on investments but rather making better use of everyday resources. Simple may be better, it is only a question of execution.
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The Pitfalls of Accepting a Lateral or Downward Career MoveTaking a career move that is lateral or downward is difficult and may not prove productive. However, it may provide insight into your personality and needs..
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Yours, Mine and Ours - the Low Down on Checking Accounts for CouplesCouples often wonder whether it is best to have a joint checking account or maintain separate accounts. The correct answer is why not have three, just make sure that the bills are paid!
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Helping Couples Communicate Their Financial GoalsMany couples fail in their communications with each other when discussing financial goals. Studies have shown that financial matters play a huge part in having a successful marriage.
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Financial Inequalities in Same Sex MarriagesThe fact that same sex marriages are not recognized at the federal level creates planning challenges that must be addressed. Same sex couples cannot assume that they have equal status.Also published on:
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Do You Have a Mortgage in Retirement?Unless you have unlimited resources, having a mortgage when you retire may not be such a bad idea.
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Society's Attitude Towards Divorce Has ImprovedDivorce has become more common and that is a good thing. The stigma of divorce had caused people to stay in too many bad situations.
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How to Invest like President ObamaRecent disclosure of the President's assets show a very conservative and simple portfolio. It may not be for you but it does contain some lessons.
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Are You Leaving Money to the Wrong Person?Reviewing and naming beneficiaries of your assets is always a great idea but you must follow certain rules.
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Young Adults - Use Your Credit Card SmartlyA few tips on using your credit card wisely
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Roth or Traditional IRA: Is One Better?ROTH vs Traditional IRA - both are an excellent way to invest for the future.
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Getting Divorced? Know the Difference Between Alimony and Child SupportOften, people in a divorce confuse the two methods of support payments.
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Personal Strategic Defaults Are a Character WeaknessA strategic default may sound like a good idea but it runs counter to the idea of personal finance and character.
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First Person: A 'Main Street' Look at Gas PricesThe consumer is experiencing some angst as gas prices rise, but the price is not yet causing major changes in lifestyle.
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Having a Checking Account Is a ResponsibilityIt is important to learn the basics of maintaining a checking account.
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What Are You Doing with Your Tax Refund? Spend or Save?Billions of dollars are refunded to people at this time of year. How is it used?
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Financial Infidelity Is on the RiseSharing financial information with your significant other is very important and to do otherwise can lead to a sense of betrayal and distrust.
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Lost and Found: The IRS and Your StateThe IRS may have money waiting for you and all you need to do is ask.
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Getting Divorced? Making the Right Decisions is CrucialKnowing that your spouse wants a divorce is heartbreaking but you need to focus and take the proper steps to protect yourself
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Taxes Due? Don't Delay, File and Pay Over TimeIf you are unable to pay the IRS the money that is due when you file your tax return you should still file the return and then look at the alternative methods to make payments.
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Do We Sweat the Small Stuff?Focusing on headlines or absolute cost at times prevents us from seeing the true value.
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First Job? Time to Invest for Your FutureTime is the best ally of long term savings and you can never be too young to begin investing for the future.
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Things I'll Never Pay List Price ForEveryone loves a bargain and there are many ways to not pay full price!
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Preparing a Home for Spring SaleMany people attempt to sell a house in the spingtime and here are a few suggestions that may help you achieve success
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Money Management for Young AdultsMoney management is a process which requires both a willingness to make the effort and an awareness of what is expected.
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Tax Cheaters Please Step ForwardIn an attempt to narrow the tax gap the IRS has instituted another program to collect taxes.
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First Person: A Look at the Financial Side of DivorceGetting a divorce is an emotional and financial drain. Attorneys may not be your best source of financial guidance.
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Out of Work? You Still Need to FileThere is no bright side to being unemployed but the tax code does may give you some benefits.
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First Person: Do You Even Have to File a Tax Return?People with incomes below a certain level do not need to file a tax return so why waste your time and money?
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First Person: Over 70? Let Your IRA Give to CharityThe new tax legislation should provide incentive for people over 70-1/2 to give to charity and greatly reduce their tax bill and possible and Medicare costs. -
Superbowl Haikuseventeen syllables of football joy!
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Steps to Avoid Probate May Not Save Your MoneyYou really need to weigh the costs involved in all aspects of estate planning because sometimes the nickel and dimes can really chip away at the savings.
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First Person: How to Stretch Your Food BudgetHunger is a probem in America and for many families getting the basics on the table is a daunting task. Hopefully following some of these tips will make it easier to keep your family fed.
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First Person: What a Cheap Euro Means for the Rest of the WorldThe euro is simply the currency of 22 nations that are part of the European Union. Created in 1996, the euro was supposed to lessen some of the complexities of having multiple currencies and monetary policies.
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First Person: Investing After a FallMany people have lost money over the past 3 years and, while that may be a cause for concern, it doesn't mean that the principles of portfolio construction need to be abandoned. Diversification to an appropriate risk tolerance is never out of style.
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Minutes of the FOMC and QE2As the Federal Reserve embarks on a second round of quantitative easing, the minutes of their meetings and actions by politicians show that this approach is not universally favored
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Divorce '" American StyleAmericans have three basic ways to get divorced and this is a brief guide. Since the divorce rate appears to be near 50% over time, even though not planned, it is important to understand the different processes,