Are You one of the 22% Making this Sinful Mistake in Your Portfolio?
According to the Employee Benefit Research Institute, 22% of people in their 60s have more than 80% of their 401(k)s allocated to equities.
With only...
Once Frightened Boomers are Now in a Hurry for Retirement
During the years following the financial crisis Baby Boomers held on to their jobs. Either loath to abandon their good pay or to draw...
Hedge Funds turn Frugal after Years Long Crisis Nightmare
After years of playing the markets like casinos, hedge funds are facing pressure from clients to avoid risk. After a number of recent failures...
Have You Lost a Valuable Part of Your Life Savings?
It turns out that many Americans are missing out on parts of their retirement savings. With frequent job changes, and confusing enrollment practices, Americans...
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A study by the GAO says that 401(k) plans with outdated rules about when employees become eligible to participate and how they receive matching...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...