Meet Ron Tussey – Fee Slayer
As I speak with groups, I’m continually amazed by 401k plan participants who will argue – often vociferously – that they pay nothing to participate in the company plan.
Boglehead Wisdom
If Warren Buffet has a counterpart – it’s John Bogle, retired founder of the Vanguard family of mutual funds. Bogle has gathered a crowd of followers over the years who call themselves Bogleheads. The Bogleheads had their annual meeting a couple of weeks ago, and...
Get Ready to Grab your Ankles
Over the past 5 years, I’ve informally polled audiences on their opinion of future tax rates. “Do you think tax rates when you retire will be higher or lower than they are today?” Everyone thinks future tax rates will be higher. We’re resolved to the reality that $17...
The Dirty Harry Question
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...
Heads, I Win – Tails, You Lose
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...
