Are Blind Trust and Greed the Two Worst Qualities in Investing?
On Monday I told you about a former public employee losing $25 million when he left to work at a hedge fund. Here is...
How to Become a Millionaire, Part II
Originally posted April 21, 2016
The two most important words in investing, as I have been writing in Richard C. Young’s Intelligence Report for decades,...
Be Sure to Take Your MRD to Avoid Tax Penalties
Year-end is coming up fast. If you are over 70 and 1/2 years old, don't forget to take your minimum required distribution from your...
Is Your 401(k) Plan Cutting Your Retirement Short?
A study by the GAO says that 401(k) plans with outdated rules about when employees become eligible to participate and how they receive matching...
No Surprise here as Pension Losses Mount
Public pension managers are coming to the realization, too late I might add, that retirees don’t belong in hedge funds. I’ve warned against this...
Do You Understand the Fiduciary Rule?
Talk about the Fiduciary Rule continues. The issue is simple. When you seek investment advice make sure you work with someone that is held...
Annuity Salesmen Rise from the Dead
I’ve been slammed over the last few weeks talking with prospective clients. We are open for business is an understatement. One area that I...
State of Rhode Island Terminates Hedge Fund Investments
Back in 2013 I warned about Rhode Island's pension fund investments in high-fee hedge funds, writing here:
It has allocated 25% of its plan to...
Fidelity and Vanguard above the Fray
It seems like every week there’s another big bank paying another billion dollar fine. One thing that’s for sure is that the fines will...
Retirement: Imagine Your Someday
Here are the top five reasons why people retire according to a survey at Fidelity.com: Leisure, Stress at Work, Grandchildren, Hobbies and Travel.
But what...