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...
Are You Saving Enough for Retirement?
A basic rule of thumb in retirement investing is that you should save at least 25X your desired retirement income.
Using the rule of 25,...
I’ve Never Been Busier
“I've never been busier”, is a phrase I often hear from retirees. We all think we’ll have tons of free time in retirement. And...
Dumb and Dumber
“Don't just do something, stand there!” is easier said than done. All investors have a breaking-point. And most believe it to be higher than it...
A Retirement High-Life
“Your life is made of two dates and a dash. Make the most of the dash.”
Twice a year a client of mine leaves the...
Save Money. Live Better
Wal-Mart’s slogan is “Save Money. Live Better.” Just don’t do your banking there. Check-out this WSJ analysis:
On a rainy morning in April, Anna Proctor...
Wall Street Research or Paid Advertising?
Most seasoned investors have long suspected that Wall Street research is compromised. Wall Street is not in the research business. Wall Street’s big banks...