Articles

A recent S&P/Dow Jones Indices study came to the conclusion that those well-dressed, highly-compensated mutual fund managers (whom you and I are paying) – with all their research, glossy brochures, and inside access – aren’t all they’re cracked up to be. The study,...

Stock market valuations are at all time highs. When the market will experience its next correction – or what the triggering event will be is anybody’s guess – but it is coming.  Just look at the S&P 500 over the last 6 years: 2013  32.42% 2012  15.88% 2011  2.07%...

Okay – so I tend to rail on the cost of Wall Street fees and commissions.  But I do so for two important reasons.  First, it matters – a great deal.  Second, most of us just don’t pay enough attention to fees.  If we discovered termites eating away at our home, we...

Most Wall Street types say retirees can safely draw about 4% of their account out each year as retirement income.  So $1 million at retirement would mean about $40,000 a year in retirement income.  They call it “the 4% rule” – although it’s really more a rule of...

David McKnight’s book – The Power of Zero, asks a very interesting question: “What tax bracket do you want to be in when you retire?” Most of would us never ask ourselves such a question because we don’t think we have much influence over it.  But that thinking can...

Let’s face it – we’re not sooth-sayers and neither are our financial advisors.  So from time to time – a market or an investment is going to stick us with a loss.  No big deal.  Get back on the up elevator and it will soon be a distant memory. But the truth is, losses...