What if pre-retirement savers have been doing things all wrong? Instead of focusing on stocks, to grow money for your later years, advisors are looking, increasing, at current income guarantees. They’re asking how you’re going to pay your bills when your paycheck stops.
Traditionally, you’re supposed to keep 50 or 60 percent of your money in [...]
Stay with your stocks, is the message that investors are getting from some key market and economic forecasters. They’re betting that the economy can stand up by itself, as the government cuts its budget and the stimulus programs gradually wind down.
Not that there isn’t plenty to worry about: high gasoline prices, unfinished revolutions in the [...]
How much Kool-Aid does the sainted Warren Buffett expect his disciples to drink? You could easily choke on yesterday’s dose. He wants you to think that all is ethically fine and dandy at Berkshire Hathaway, after a top executive’s questionable stock trades and sudden resignation. Buffett’s press release on the departure basically said, “Trust me, [...]
Is Wall Street reform already dead? The bankers and other gazillionaires are back in the driver’s seat, in Washington D.C. For you and me, that means taking a more conservative stance with our personal money. Unbridled speculation and financial deceit brought us the Great Economic Collapse of 2008. If the new Congress undermines the Dodd-Frank [...]
Are you confused about choosing investments in a company 401(k)? More than three-quarters of the plans try to solve the problem for you by offering target-date mutual funds – one-stop shopping for savers who want to simplify their lives. You can buy them for Individual Retirement Accounts, too.
I like these funds, but picking the right [...]
