Consumers face an alarming credit card crisis

In 1949 a New York businessman who was dining out was about to pay for his meal but was embarrassed to find he had left his wallet at home.  The next year he started Diners Club, which allowed wealthy ...

Protect your financial identity and avoid theft

In this day and age of computers and credit cards and information databases, it is almost becoming a question of when, not whether, you will become a victim of identity theft. The Federal Trade Commission ...

Client Letter – Q3 2004

So what’s going to happen to the market after the election? That question seems to be on the minds of many individual investors these days. The implications are that the market will be affected by the ...

Bonds prove that common wisdom can be wrong

Earlier this year a rash of news stories and market commentaries warned investors about a coming decline in the bond market. The Federal Reserve had all but guaranteed it would begin raising interest rates ...

Take a random walk down Wall Street

Our analysts will uncover the best stocks to buy. The chart on that stock forecasts a breakout to new highs. Our mutual fund beats the market because our manager is really, really smart. Sure, and the ...

Avoid dangerous investor mistakes

Investment research has long shown that an investor does best by holding investments in a variety of different assets whose returns are not closely correlated. This type of investing, known as “asset ...

Death is a certainty, but many do not plan for it

Every living American will die, but more than half of them have not made adequate—or even any—preparations for that inevitable event. A recent survey by Lawyers.com found that about 60% of Americans ...

Client Letter – Q2 2004

Much of Wall Street and the financial media are geared up to get you to make investment moves. “Buy, sell, trade, exchange, invest,” are among the verbs they shout at you every day. Few tell you that ...

Inflation-protected U.S. bonds are set to take off

As interest rates are poised to rise from their current record lows, bond owners are worried about being stuck with their current fixed yields. But not every bond owner is worried: the growing number who ...

Unrealistic expectations threaten your retirement

Don’t fall into the trap that has grabbed a lot of your fellow workers: they have unrealistic expectations about investment returns and retirement assets and face disappointment in their golden years. ...