The real financial threat in retirement comes from inflation

Ask the average person who is planning to retire and will have to depend on an investment portfolio for part of his income and he will tell you one of his biggest concerns: losing his principal. Then ...

Go into the 2007 stock market armed with Ben Graham’s wisdom

The beginning of  a new year is a good time to take stock and to review basic investment principles. Anyone investing in the stock and bond markets could do no better than to review the timeless and valuable ...

Falling life insurance costs are a boon to the underinsured

Many people like to avoid the subject of life insurance. Issues like personal mortality and confusion over what to buy along with high pressure sales pitches from hungry agents turn off potential buyers. ...

Roth IRAs are opened up to everyone

Upper income retirement savers are about to get in on tax-free Roth IRAs beginning in 2010, due to a recently enacted tax law change. Roth IRAs promise completely tax-free withdrawals of principal and ...

Client Letter – Q3 2006

We enjoyed a strong quarter, despite the slow start in July, as evidenced in the chart below.  Even large U.S. stocks (represented by the S&P 500 Index) did well this quarter, which was a pleasant ...

Bonds provide a safety net for your portfolio when times are tough

With all the sizzle and excitement in the stock market, bonds don’t always get the respect they deserve from individual investors. After all, how can you get excited over returns of 5% or 6% in bonds ...

A legendary manager of hedge funds warns investors away

When Michael Steinhardt tells you not to invest in hedge funds, you had better take notice. Steinhardt left the hedge fund business in 1995 after running one of the most successful funds ever. He wrote ...

Want high fund returns? Cut your costs

Mutual fund investors can improve their returns by focusing on the costs of running individual funds, says former Vanguard Investments Chairman John C. Bogle. “Costs clearly differentiate the superior ...

The baby boom retirement wave may not punish the stock market

The largest generation in U.S. history is getting ready to retire, prompting dire predictions of a stock market bust. Some market observers worry that baby boomers will sell off large amounts of financial ...

Buy and hold the indexes if you want to beat average investors

There are three truisms that keep finding new confirmation and that investors should ignore at their own risk: Buy and hold the market, don’t try to beat it. Index fund investors will beat most ...