Category 2008

blog28dec2008

Hot Off the web- December 28, 2008 Craig Karmin’s “Say goodbye and good riddance to 2008…” in the WSJ summarizes it well, that 2008 was “a year when the most dire financial predictions finally came true”. He then enumerates the sorry list: U.S. stock market off about 40% (worst in 77 years), emerging market down […]

blog21dec2008

Hot Off the Web- December 21, 2008 Bad enough that  the recent market crash has damaged many retirees’ and would be retirees’ nest eggs to the tune of 15-40% depending on the asset allocation, but some investors who become victims of Ponzi schemes (everyone has heard of the one perpetrated by Madoff) appear to be […]

blog14dec2008

Hot Off the Web – December 14, 2008 The Financial Times’ Len Costa writes that the “Crisis throws rebalancing out of kilter” In the article he discusses how “the prospect of selling winners and buying into falling markets can test even the most resolute investor’s faith in asset allocation and the utility of diversification.” However […]

blog07dec2008

Hot Off the Web- December 7, 2008 In the understatement of the year that “Canadian pension plans shown to have flaws” the Financial Post’s Karen Mazukewich refers to “three new reports flagging the shortfalls and gaping inequities in our pension plans.” The issues reported are: (1) decreasing percentage of employees covered by DB pension plans, […]

blog28nov2008

Hot Off the Web – November 28, 2008 This month I celebrated two years of publishing RetirementAction.com, this retirement finance education and advocacy website. We are back from a gruelling but interesting trip to India and Nepal (and judging by the TV news reports, just in time). What we experienced is a land of contrasts […]

blog02nov2008

Hot Off the Web- November 2, 2008 Past week’s papers were filled with articles on why Ottawa should be considering “pension relief” for corporations with underfunded pension plans. But most commentators missed the real story.  This is not about the impact on companies which are contractually responsible for the pensions; it is about the potentially […]

blog26oct2008

Hot Off the Web – October 26, 2008  Tom Herman writes in the WSJ’s “Fund investors face the risk of tax hit despite losses”  that many investors who are holding their losing mutual funds in taxable accounts may still end up having to pay tax on capital gains distributions. He suggests that this may be […]