Millennials Shun Boomers’ Stuff
I came across this article thanks to the folks over at WSJ Adviser. Apparently the kids don't want all of your stuff.
A seismic shift...
Retirement Profile #2: “Expect Nothing; Want One Thing”
The NFL’s Baltimore Ravens may be the most underrated team in the NFL right now. Part of their success is due to senior leadership...
Retirement Profile: $110 Million Down the Drain
Former Boston Celtics star Antoine Walker spent/lost $110 million. What a shame. “Get the word ‘No’ in your vocabulary. You’re going to have to...
Hedge Funds Go Hunting
Hedge funds are on the hunt for new clients as the WSJ's Wealth Adviser notes here:
Hedge funds go mass-market as rich lose interest. For the...
Jack Bogle on Advisors
There’s a big difference between a broker/advisor and a registered investment advisor. An investment advisor must follow a strict fiduciary standard for his clients,...
The Crushing Cost of Retirement Healthcare
Have you added the cost of healthcare to your retirement planning? Fidelity has estimated that a 65-year old couple retiring in 2014 will need...
Alternative Investments Beaten-Up
Pension funds and endowments made a dreadful mistake by loading up on market neutral alternative investments in 2009—the market crashed in 2008—a year too...
401(k) Nightmare: Part II
Your money growing tax-deferred is one of the best if not the best feature of a 401(k). When you choose to rollover to an...
401(k) Nightmare: Part I
Twenty years ago, after graduating from Babson College with a finance/investments degree, I spent the summer backpacking through Europe. In the winter I worked as...
Risk and Iraqi Banking
Thinking about risk is often difficult. Small persistent risks often take a backseat to catastrophic risks that are easier to conceptualize. Skiing is a...