Category Uncategorized

Hot Off the Web- February 18, 2013

Contents: Better diversification? Powers of Attorney, why bother with Canadian mutual funds? ETFs to replace mutual funds, US estate tax for Canadians, Shiller: home not an investment, Florida #1 in foreclosures, US vulture fund bondholders of Nortel want quick trial in US, Ottawa inaction on BIA pension priority responsible for Canadian pensioner victimization, impossible for […]

Hot Off the Web- January 7, 2013

Contents: What’s enough? 2013 money moves, “but where are the customers’ yachts”? making estate planning a priority, online vs. brick-and-mortar advice? deferred interest cards, US house prices up YoY, Toronto condo inventory up but number of under-construction skyscrapers highest in NA, model-based home appraisals deficient, demographics driven housing prices, consider an “expanded-CPP Plus”, ‘bogof’ (buy […]

Hot Off the Web- December 3, 2012

Contents: what ‘fundcos’ won’t tell you, fiduciary standard required, passive beats active-again,  long-term care costs, when RRSP withdrawal is sensible, global diversification, downside of joint asset ownership, US housing up, shadow housing inventory well managed-so far, pooled assets for Ontario public sector, expanded-CPP trumps PRPP, demographics drive stock returns, end of bond bubble inevitable but […]

Hot Off the Web- November 12, 2012

Contents: Prep to meet adviser, Investment Policy Statement ‘essential’, tactical asset allocation failed, skill vs. luck, index wars: watch for under- and over-laps, “rule of 40”, FL property tax Amendment 4- defeated, bleak retirement for young workers, generous public pensions are paid by those with no pensions, cult of equity is dead? Allocate 10-15% to […]

Hot Off the Web- October 29, 2012

Contents: Disability insurance, RMD-based withdrawal strategy, target-maturity bond ETFs, scary retirement study, fiduciary advisors in Canada? house prices: Canada peaked-US bottomed? Florida house prices advance, PRPP dead? Federal pensions still generous, low interest rates NOT root cause of underfunded pensions, yuan to trump dollar? change at Fed feared? Ben Stein’s advice, root cause of extraordinary […]

Optimal withdrawal strategy for retirement income portfolios-A review

In a nutshell: The authors compare five retirement withdrawal strategies (under the constraint that the retiree considers bequests to be of zero importance) and define a measure of Withdrawal Efficiency Rate as a means to compare them. They conclude that the commonly mentioned/used “Constant Dollar” (first year 4% of original assets, then adjusted annually for […]

Hot Off the Web- July 9, 2012

Topics: Filial support laws, 401(k) costs? Canada home prices up but sales down, US home prices up, US pensions: discount rate relief and lower equity allocation, Libor manipulation financial industry’s “tobacco moment”? low trust in financial industry results in lower retirement savings? cities in the hook for invisible guarantees might head into bankruptcy, impact of human […]