Dan and I joined this local professional organization. The Desert Business Association (DBA) serves 300 members who are mostly LGBT locally-owned businesses. Our book designer, Mark, and a fiduciary financial adviser, Bob, told us about the DBA mixers hosted by different members at their place of business. This gives members and chance to talk about …
Hi LAUSD Colleagues! Dan and I certainly hope you were as satisfied after attending last week’s investment workshops as our contented 13-year-old Korean Jindo mix, Sammy. The evaluation results showed you were! Thanks for coming! This was our fourth workshop as presenters. We were happy to see colleagues that I have worked with years ago looking so good. …
LAUSD’s Investment Workshop Employees’ Comments/Follow up Read More »
Stopping a $17 Billion Conflict of Interest A new U.S. Labor Department rule proposes that broker dealers, insurance agents, wealth managers and other financial planners put their clients’ interests ahead of their own. Doing the exact opposite for decades by putting their interests ahead of clients earns Wall Street and Insurance companies $17 Billion annually. …
John Bogle is in the news and quoted often for a damn good reason. It’s time to find out what the indexing giant has been doing while celebrating his 85th birthday. Below are links to four recents articles about this great man and the company he founded in 1975, Vanguard Group. His story and comments …
CBS Money Watch Interviewed Dan and I about investing and teachers. The following articles are not just for teachers, but for ALL investors. CBS Money Watch financial reporter, Kathy Kristof, published her article here based on data from this website Openfolio. Here is another article, “Why Teachers Make Good Investors,” for more information about teachers and their remarkable investment acumen. But …
CBS Money Watch’s “Report Card:” Teachers Earn an “A” on Investing! Read More »
From Fighting Over Money Issues: To Working Together: We think we have something valuable to say about couple disagreements as we celebrate our 40th anniversary this year. We believe our experience with financial decisions will encourage and inspire all couples, whether lesbian, gay or straight, to see how we worked together despite some inherent money-related …
Rebalancing Our Retirement Portfolio and Our 40-Year Relationship Read More »
My name is Steve Schullo, retired LAUSD elementary teacher and former UTLA member. Dan Robertson, also a retired educator, and I created this blog to start a conversation about retirement planning using our district’s volunteer retirement savings plans. This topic is rarely talked about in educational circles. Far too many of our colleagues have no …
Both Sexes Could Learn from Each Other About the Investing Process Dan and I love reports that show the gradual and incremental commitment to wealth building produces higher returns than the get rich, competitive, short-term “success.” For now, this report, once again, shows that thinking long term is best displayed by female investors. Males trade …
The guest author is a Los Angeles Unified S.D.’s (LAUSD) teacher at Hamilton HS. For the past few weeks, Larry and I have been emailing each other about making the Roth 457(b) a reality for all LAUSD’s employees. Our Retirement Investment Advisory Committee voted to approve the Roth option a year ago, but LAUSD …
A Case For the Roth 457(b) at the Los Angeles Unified School District Read More »
Happy New Year! How did your portfolio perform in 2014? Today’s blog is not about competition, heaven forbid! We show you how we evaluated our return so that it is following the overall stock and bond market index returns. Our goal is to earn the market averages, not exceed them. We invite you to share …
2014 Portfolio Return for “Late Bloomer Millionaire” Authors Read More »