Barron’s article has a strange title for this investor who prefers no active fund manager! Click here Here is my comment after reading Barron’s article. “High active share is no guarantee that a fund will outperform, but it is likely a necessary condition,” he says. “You can’t beat the index if you look exactly like it.” …
Barron’s “Is Your Fund Manager Active Enough?” What the heck does that mean? Read More »
Hell no! Here’s why I have lots of insurance. I thank the companies for protecting my home, autos, providing long-term care, earthquake and umbrella protection, and have no problem paying the premiums and the commissions to get great service from my agents. But my retirement nest egg is kept 100% separate from insurance policies and their …
http://www.marketwatch.com/story/women-are-better-retirement-planners-2012-12-29 The author of the article was quick to point out that women are more risk adverse than men, making it sound like that’s a disadvantage. In fact, being “risk adverse” is a great thing with a twist. I like to think that we all should be more loss adverse because to trade often thinking you are …
I don’t know anybody who has enough money to save for retirement at the end of each month. It’s all been eaten by the 30th. I don’t like the idea of obsessive budgeting nor “labeled envelopes:” utilities, new car payment, food, eating out, rent, mortgage, entertainment…. So what can one do? It’s easiest for people …