I reviewed another investment book. I tell why self-published authors connect better with investing beginners than most of the traditionally published personal finance books found in bookstores. The author follows the sage advice of portfolio construction of Jack Bogle and the investment company he founded in 1974, Vanguard Group. I highly recommend this book. It’s an easy read and gets right to the point.
Many financial planning professionals are trying to scare people into “doing something” with your bonds. Ignore the warnings from the pundits on the financial news mania that you should now buy gold or precious metals. Even my favorite radio political pundit, former Senator Tom Harkin, warns people to buy gold. With all due respect, the former good Senator doesn’t know what he is talking about by telling people in his commercials to put all of their money in gold, because he has been predicting a stock market crash for over a year. That is despicable advice and he should stick to what he does best, discuss progressive ideas.
Be mindful that these articles and the pundits have an agenda. The articles are written by authors who usually work for a firm that happens to sell “what you need” and the reporters or radio hosts want views or website clicks. Scare tactics work every time, but not to readers here. Have a balanced plan with stocks and bonds approximately equal to your age. The post discusses in more detail why I have half of my portfolio in one bond fund, Vanguard’s Total Bond Market Index. I will NEVER buy gold!
How has last year’s marriage equality law passed by the Supreme Court affected the hundreds of benefits here-to-fore only afforded to straight married couples? I have compiled four published articles that address some of these benefits. I have one in depth response to one of the articles whose author is an LGBTQ adviser who also wants to be your “friend” of the community, only because he is gay. The primary competency you need to look for when hiring your LGBTQ adviser is to make sure he or she is a genuine fiduciary.