Part 4: Putting It All Together In Part I we discussed what to ignore in the enormous and complex financial industry and what to focus on–stocks and bonds. The proverbial “needle” in the “needle in the haystack” is found easily. Knowledge of ignoring the financial world ‘s “haystack” is the trick to finding the needle. …
Part 2 of a 3-Part Series: A Way Around Costly 403(b) Plans (Click here if you missed Part 1) In so-called ‘open vendor’ states, high-cost 403(b) plans may be side-stepped by turning to 457(b)s, explains plan-participant advocate Steve Schullo. W. Scott Simon, 06/10/2015 W. Scott Simon is a principal at Prudent Investor Advisors, a registered …
Part 2 403(b) Interview: by Fiduciary Attorney W. Scott Simon Read More »
Reforming K-12 Public School District 403(b) Plans Part 1 of a 3-Part Series For Part 2: click here May 7, 2015 Steve Schullo is working to shed light on the awful shortcomings of K-12 403(b) plans. Scott Simon, 05/07/2015 Scott Simon is a principal at Prudent Investor Advisors, a registered investment advisory firm. He also …
Interviewed by Fiduciary Attorney: K-12 403(b) Plans Read More »
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 »
Image courtesy of debspoons at FreeDigitalPhotos.net The educational leadership is beginning to look out for your best interests. In case you missed it, Click here for my earlier post about the Los Angeles Unified School District’s 457(b), 2nd largest school district receiving a “Plan Design” award. In this blog post, I am thrilled to …
Looking for a GREAT Employer-Sponsored Retirement Plan? 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 »