About 80 LAUSD employees attended last Saturday’s pre retirement planning financial workshops. It was a marvelous experience for Dan and I. All of the presenters possessed the same financial philosophy; look out for the best interests of the educators with low-cost funds. To be sure, most TSA sales person makes similar claims, but the difference …
If you missed this last free window, PLEASE DON’T FRET. I will be releasing my 2nd book, “Against Powerful Interests: Educators Challenged Tax-sheltered Annuities and Win!” by the end of 2014. This 2nd book will be free, electronically, for life. In the meantime if you want to keep tabs on what we are doing and …
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 …
Late Bloomer Millionaires, A Financial Story and Investment Guide for Late Starters is now available in paperback and kindle formats. Bulk book orders are available at a discount. Read the press release here.