NOTICE TO READERS! This chapter 2 is an early version of my book, “Fighting Powerful Interests.” For the finished and completed published book, go to the home page and obtain the free pdf. (Click here and scroll down. Subscribe to our blog and download the book! Chapter 2 …the tragedy begins, not when there is …
Chapter 2: The Decades Old 403b Silence is Broken Read More »
Update August 19, 2013 All of my motions were tabled. We ran out of time. We did discuss Crystal Mendez and all were in agreement that she and other LAUSD employers should be recognized too. This will be part of a larger marketing campaign to get the word out that LAUSD has one of the lowest costs plan …
Stay Balanced—Ignore the Noise Dan and I and another gay couple celebrate July birthdays. We take the opportunity to have a splendid dinner, great conversation and rein in four free desserts! We scarcely sat down when our friend Bob complained to the waiter about the noise from ten drinking patrons at the adjacent table, two …
John Bogle is the Fiduciary’s fiduciary. Listen to his 90 second advice to financial advisers (and for us customers too). Powerful stuff: http://www.investmentnews.com/section/video?playerType=Events&eventID=Morningstar2013&bctid=2498789058001&date=20130621
ATTENTION Readers: This chapter is an early version of my new book just released, March, 2015. For an update of all the Chapters including this Chapter 1, go to the home page and scroll down. On the right are directions to get the full story in 11 Chapters and 17 appendices, resources, letters, books, podcasts …
Information Overload by Guest Post Keith Reed Teacher and Vice President, Morongo Teachers Association. Morongo Valley, CA (Reprinted here by permission of Mr. Reed. Original publication) In this age of information overload, we sometimes find it easier to step back and let “experts” make our decisions for us, especially when it comes to our investments. This …
Hi, Update! I have gotten some emails that people were having trouble commenting on our Huffington Post article, Wall Street Targets Gay Couples. I have too! I communicated to the staff and it looks like they fixed the problem. Please try one more time to post a comment. It is very much appreciated. If you …
Update! Huffington Post Article and Vanguard Interview Feedback Read More »
“Motion: Moved that Benefits Administration include a link to the PBS Frontline special “The Retirement Gamble” on the CalSTRS 457b marketing email blast to all eligible employees. http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/retirement-gamble/the-retirement-gamble-facing-us-all/ Rationale—IT’S FREE and available for all to see 24/7! The oversight advisory committee urges employees to watch this public service documentary that was broadcasted nationally on April 23, …
“The envelopes please…the winner for the most creative message goes to Tony, a New Jersey Teacher, for: “403(B) Insurance Company Annuities: They Get The Goldmine-Teachers Get The Shaft!” Tax Sheltered Annuities: Insurance agents get the goldmine–Teachers Get the Shaft! Also: “Help! I bought an ANNUITY and I can’t get OUT!” was good too! The winner by …
PBS Frontline “The Retirement Gamble” On Tuesday evening, April 23, 2013, the PBS program Frontline aired “The Retirement Gamble,” which “raises troubling questions about how America’s financial institutions protect our savings, and asks whether there is a better way to manage our retirements.” The 403b? While the broadcast was extremely critical of 401(k) plans, there …
PBS Frontline: “The Retirement Gamble” Three Los Angeles Educators were interviewed! Read More »