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 »
New Book: Money: Master the Game: 7 Simple Steps to Financial Freedom I have never read or followed Tony Robbins. He was too glib, too much of a salesmen, caters to the already wealthy and famous and his walking hot coal story did it for me. I have not read this book. But from what …
Tony Robbins enters the Personal Finance Book Business Read More »
Click here on our society’s problem about leadership and trust. There is probably not much that we already don’t know. But the author starts with the leadership model of Nelson Mandela. Who could possibly fill that great leader’s shoes? Click here to read what John Bogle (The financial world’s “Nelson Mandela”) says about leadership and …
Trust and Leadership. Nelson Mandela and John Bogle. Read More »
What is Objective Information? In the financial world, nothing is more important than objective information. People who approach you about saving for retirement at your place of business, your classroom or union hall are NOT providing objective information. The words “guaranteed” returns and offering “free” refreshments are clear tip-offs that the information provided is biased …
During the summer of 2014, the Los Angeles Unified School District won a Plan Design award for its low-cost, broadly diversified offerings of the 457(b) plan. This table shows the investment choices and the total costs (table updated January 2017). To discover and learn more about this plan, watch this 10-minute video interview. Sandy …
Los Angeles Unified School District 457(b) Plan Design Award! Read More »
The Wall Street Jungle (1970) by Richard Ney I love books that expose Wall Street’s ways. My review is more historical in how Ney’s great book fits with another giant who also took on Wall Street’s gambling habits, Jack Bogle, founder of the Vanguard Group and the creator of the indexing strategy. Richard Ney was …
Retirement Planning Savings Plans All Day Investment Workshop Results LAUSD/UTLA 403b/457b Investing Workshop Saturday, November 15, 2014 Here were the workshops presented: Rick Rodgers Keynote and Lunch time talk Art Wexler 457b Presentation Teacher Crystal Mendez’s Story, how she saved $160,000 by age 33. Retired Teachers Steve Schullo/Dan Robertson (Financial Journey with 403b/457b plans). What …
Another great 403b/457b workshop is scheduled for Saturday, November 15 at United Teachers Los Angeles Headquarters. It’s another all day event with several presenters including Dan and I with light breakfast and FREE LUNCH! Dan and I will show and discuss what we did to plan for our retirement as teachers. We will also discuss …
Los Angeles Unified/Teachers Union Investment Planning Workshop November 15 Read More »