The era of celebrity mutual fund managers is over. A few titans retired with their reputations intact, but many have been shown to have feet of clay. Even in this era of indexing, there’s still a place for active management for a certain part of your portfolio. But don’t hitch your investment wagon to a… Continue reading Mutual Fund Managers: No More Rock Stars
Tag: investment
4 Life Changes That Warrant An Investment Tune-up
If you’re 45 to 65 and are going through some serious changes in your life, you should be thinking about these steps right now: Life Change #1: New Job The average American worker changes jobs every 4.4 years, and when they start a new job, their 401(k) plans don’t typically come along. In fact, the… Continue reading 4 Life Changes That Warrant An Investment Tune-up
Elder Financial Abuse: Signs and Prevention
Today, there are over 40 million people 65 or older in the U.S. Unfortunately, this demographic, especially those with dementia and cognitive impairment, is left especially vulnerable to financial abuse. Almost three billion dollars is wrongfully taken from older adults annually, a number that continues to grow as Americans are now living longer. Such… Continue reading Elder Financial Abuse: Signs and Prevention
What You and Your Financial Adviser Are Missing
Imagine a person who has invested a hefty sum of money and is in dire need of assistance managing that investment. And imagine that person’s financial advisor saying he or she can do little or nothing to help. For many Americans who are saving for retirement, that scenario is a reality. “A huge chunk of… Continue reading What You and Your Financial Adviser Are Missing
Don’t Have A Cookie-Cutter Retirement Plan
If you’re 10 years out from when you expect to retire, then now is the time to get serious about a retirement plan, says Kirk Cassidy, a Registered Investment Advisor (RIA) who emphasizes the importance of the holistic approach to personal finances. “No matter what stage you’re in, there’s never a bad time to take… Continue reading Don’t Have A Cookie-Cutter Retirement Plan
5 Mistakes That Can Torpedo Your Finances
The investment world comes with such a maze of options and pitfalls that it’s little wonder people routinely become entangled in monumental and costly mistakes. Tax implications lurk behind nearly every move. Investment risks vary from negligible to moderate to great. And it’s not just a matter of making the right financial decisions. It’s making… Continue reading 5 Mistakes That Can Torpedo Your Finances
Five Crucial Steps to Take Before Retirement
Randy and Todd Martin are a father and son team who, after working together for more than 18 years, decided to write a brief, easy to understand book, Realistic Retirement for Realistic People, explaining a process to follow for those contemplating retirement. “Retirees need to consider how social security, investments , taxes, pensions, health care… Continue reading Five Crucial Steps to Take Before Retirement