Category 2011

blog31oct2011

Hot Off the Web- October 31, 2011 Personal Finance and Investments In the U.S. Vanguard has announced a GLWB (Guaranteed Lifetime Withdrawal Benefit) plan that can be attached as a rider (current annual cost of 0.95%) to their variable annuity offerings (total costs in the range of 0.5-0.6%). Guaranteed withdrawal rates are 4.5-6.5% depending on […]

blog24oct2011

Hot Off the Web- October 24, 2011 Personal Finance and Investments First a couple of wills/estate related articles: Terry McBride’s Financial Post piece “Outdated will can lead to legal issues” and Rachel Silverman’s WSJ article “Get an estate plan. Now”.  The former explains the importance of having an updated will, otherwise: the executor might have […]

blog17oct2011

Hot Off the Web- October 17, 2011 Personal Finance and Investments In the Financial Post’s “Don’t sabotage your own portfolio”Michael Nairne advises readers to: “quit checking your investment accounts online every day…quit comparing the value of your portfolio now with its value when the stock market peaked earlier this year…quit dichotomizing your portfolio into “winners” […]

blog10oct2011

Hot Off the Web- October 10, 2011 Personal Finance and Investments In Bloomberg’s “That retirement calculator may be lying to you” Carla Fried warns that before focusing on the seven figure output (required assets at retirement) you better check the return assumptions used in the calculator. Many calculators use a very optimistic default of 8% […]

blog03oct2011

Hot Off the Web- October 3, 2011 Personal Finance and Investments In WSJ’s “Why buying on dips isn’t all it’s cracked up to be” Jason Zweig explains that even though it might seem counterintuitive “Buying on the dips might make you feel better, just as it feels good to go shopping when a department store […]

blog26sep2011

Hot Off the Web- September 26, 2011 Personal Finance and Investments In the WSJ’s “Do ‘alternative’ funds deliver?” Anne Tergesen reports that ‘alternative’ mutual funds attracted significant inflow of individual investor dollars, but calls their performance disappointing. ‘Alternatives’ are supposedly designed to outperform in times of high volatility using a mix of: long/short, hedging, derivatives, […]

blog19sep2011

Hot Off the Web- September 19, 2011 Personal Finance and Investments Preet Banerjee writes in the Globe and Mail’s “Not all the arrows are pointing down” writes that as correlations increase dramatically in market swoons people question the value of diversification. He reminds readers however that while it is true that just about every stock […]