Welcome to Stagnation
I would scrap corporate taxes all together. It’s the fastest way to kick-start this economy. As Art Laffer and Nicholas Drinkwater point out at...
Variable Annuity Losses Pressure Insurers
Here is another stark example of why I don’t like variable annuities. When insurers mis-read the market and their hedges don’t work someone has...
Retired Teachers Pay High Fees to Lag the Market
I’d get teacher pensions out of hedge-funds altogether. Retired teachers would be aghast if they truly understood how their money is being “invested”.
Amid questions...
What to Do about Vanguard GNMA
You don’t want to sell Vanguard GNMA. I know its price is down. And often, when investors see share prices go down, they sell....
Retiring Baby Boomers in the Days of Bubble and Bust
Are you a Baby Boomer heading into retirement? Chances are 2008 hit you like an anvil. Your pension portfolio and the price of your...
Best of 2012: 6% Income in Retirement
Originally posted: June 19, 2012
I came across a special report on retirement income last week during my daily reading regimen. I was surprised by...
Home for the Holidays
The Federal Reserve seems to feel inflation is under control. But those of us living in the real world know it’s far from under...
Do Your Friends and Family Have a Better 401(k) Plan?
I was talking to a prospective client last week who wants help managing his 401(k). He is one of several doctors in a large...
A Sure Bet Gone Wrong
Fenway Sports Group is the parent company that holds John Henry’s ownership interests in the Boston Red Sox and the Liverpool Football Club. Last...
Annuity Blimp Losing Air
When you get your insurance bill, you may not think insurers struggle to make money, but indeed some do. MetLife Inc. reported a third-quarter...