The Biggest Annuity Mistake
I don’t like annuities. I know there are ways they can make sense in some portfolios, but for the majority of investors they’re a...
Where It’s Expensive to Die
According to Forbes.com:
As of June 10, 2011, the District of Columbia and 22 states imposed estate and/or inheritance taxes. Illinois is the latest of...
Baby Boomers Place Their Bets
You may be surprised at how ill prepared baby boomers are for retirement. In his Wall Street Journal article “Retiring Boomers Find 401(k) Plans...
Are You Financially Prepared for Retirement?
I just finished wading through the Employee Benefit Research Institute (EBRI) 2011 Retirement Confidence Survey (RCS). My findings are problematic. The EBRI is a...
Stocks Get Bernanke Bounce
In his twice-a-year economic report before Congress Wednesday, Federal Reserve chairman Ben Bernanke’s comments helped stocks rally during the morning session, with the Dow...
Absolute Return
The next time you see an advertisement for an absolute return fund, make sure you do your homework and understand exactly what you’re getting...
This One Thing Could Save Your Life and Your Portfolio
You might think I’m crazy buying $175 sneakers. I’ve never spent that kind of money on sneakers before, and it’s at least double what...
A Little Mistake That Can Cost Hundreds of Thousands of Dollars
You being in the top 97th percentile in good looks and wealth might be good. But being in the top 97th percentile in the...
Outliving Your Money
Just over thirty years ago, the 3-Month Treasury-bill yielded 16.3% in the secondary market. At the beginning of this month, as you can see...
Cheeseburger in Paradise
Your financial freedom is at the mercy of a politicized Federal Reserve seemingly more interested in recapitalizing big Wall Street banks than helping you...