by Jay Beattey | Oct 15, 2014 | Articles, Retirement, Wall Street, Wealth Building
In one of the most famous scenes in movie history, Clint Eastwood’s legendary character – Dirty Harry – has caught up with his perp after a frenzied chase during which Harry Callahan had taken several shots and missed. Drawn down on his now cornered...
by Jay Beattey | Oct 10, 2014 | Articles, Retirement, Wall Street, Wealth Building
My last article talked about a research report showing that after deducting fees, expenses, and loads from mutual fund gains, the vast majority fail to outperform their benchmark index – meaning the unmanaged market often performs better than managed mutual funds. But...
by Jay Beattey | Sep 4, 2014 | Articles, Wall Street, Wealth Building
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...
by Jay Beattey | Aug 29, 2014 | Articles, Personal Finance, Retirement
“Pack the car mama – we’re gonna live on Easy Street.” That’s the refrain I hear as the stock market continues to defy gravity and set weekly records. Everyday folks are running to the mailbox to see how much richer they are this month than last. I hate to burst your...
by Jay Beattey | Aug 19, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Many people ask my opinion about the Roth IRA. My short answer is that they’re the second best deal out there – so I’m a pretty big fan. But the Roth has its limitations. Many people don’t qualify because of income and other limitations. My experience (and...
