The short-term minded and “what have you done for me lately” crowd can’t be happy about the high fees they’re paying for their hedge fund manager. The Wall Street Journal reports. It’s been a great year for the stock market. It’s been a tough year for a hedge-fund manager. A typical hedge fund has risen […]
Investing
Breaking News from Harley Davidson
Harley announces Project Rushmore and its groundbreaking new 2014 line up of cutting-edge motorcycles.
Five-Year Average Annual Returns
As you chart your investment course it’s crucial that you position yourself to be able to live to fight another day. With the Fed’s zero percent interest rate policy it’s easy to forget the importance of bonds in your portfolio. And with the end of 2013 in sight, mutual fund companies are licking their chops […]
The Biggest Investment Risk of Your Life
One of your biggest investment risks in retirement is not knowing what retirement will look like. What I have found in working with retirees is that their initial idea of what retirement will look like is far different than how it turns out to be, for better or worse. That’s why it’s smart to give […]
Where Gold is in Demand
Consumers in China are craving more of the yellow metal. BEIJING—China’s increasing appetite for bling is giving some spark to the moribund gold market. Gold prices are up 4% in the past week, hitting a three-week high of $1,334.70 an ounce on Monday. A big factor behind the rise is a surge in demand for […]
Getting Paid for Bad Advice
An investment advisor is required by law to act as a fiduciary for a client. But don’t tell that to the brokerage industry. As the law stands, brokers are only required to follow a less stringent suitability rule. There’s a battle going on in Washington to require stock brokers to act as fiduciary’s only for […]
What’s in Your 401(k)?
When I worked at Fidelity Investments, I was on the 401(k) side of their business, serving institutional clients such as Fortune 500 companies and their plan participants. When the stock market moved, whether it dipped or jumped, the phones would light up, and I’d talk with participants about their portfolio. Without fail, when the market […]
What Do You Mean No FDIC Protection?
You can drive yourself crazy preparing for a disaster. Overthinking can be a problem. If you’re checking the exchange rate for Bolivian bolivianos to diversify your U.S. dollars, you’re overthinking.
High Identity Theft
Have you ever “lost” your keys in the front door, overnight? Talk about being vulnerable and not knowing it. Identity theft can be like that. It could happen to you—but you can avoid it. Disasters are an identity thief, and criminal thefts are higher during disasters too. So be vigilant about protecting your identity and […]