by Jay Beattey | Jul 9, 2014 | Articles, Wall Street, Wealth Building
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%...
by Jay Beattey | Jun 25, 2014 | Articles, Retirement, Wall Street, Wealth Building
Every decade or so – a new virus emerges that fear mongers hype as “the one” that will wipe out the human race. It never turns out to be quite as bad as projected of course – but it does make for sensational conversation. Well there is a virus of sorts that’s on the...
by Jay Beattey | Jun 20, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Participants in 401k plans often tell me they pay no fees in those plans. So – they conclude – all my rants about the impact of fees on wealth don’t apply to them. Oh, contraire! Most of those 401ks are chock full of mutual funds – and mutual funds may be the...
by Jay Beattey | Jun 17, 2014 | Articles, Retirement, Wealth Building
Our pre-retirement inattention to Medicare has left it a playground for politicians – and they’ve been having fun crafting surprises that lie in wait for you. There are four parts to Medicare...
by Jay Beattey | Jun 11, 2014 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Chances are – these are pieces of advice you’ve heard before – perhaps even from people who love you (i.e. parents). But you may want to re-think conventional wisdom – and here’s why. 1. It takes money to make money. This self-limiting belief crushes dreams,...
by Jay Beattey | Jun 6, 2014 | Articles, Personal Finance, Retirement, Wealth Building
As my colleagues and I inform people about a pathway to personal wealth and retirement income that blows the socks off of “Wall Street” plans – we find more people coming to the defense of their 401k (or it’s close cousins – the IRA, 403b, 457, SIMPLE, and SEP). It’s...
