Hot Off the Web- September 5, 2011 Personal Finance and Investments A must read article for those who still buy mutual funds is the NYT’s “The mutual fund merry-go-round” in which David Swensen (CIO of Yale University’s endowment fund and author of “Unconventional Success: A fundamental approach to Personal Investing” writes that high market volatility […]
Hot Off the Web- August 29, 2011 Personal Finance and Investments In the Globe and Mail’s “In an emergency, is your info safe?”Dianne Nice suggests a teachable moment associated with the recent Ontario tornadoes, north-eastern earthquake and hurricane threat. Specifically, she suggests that we consider taking steps to safeguard our important papers, should our home […]
Hot Off the Web- August 22, 2011 Personal Finance and Investments In WSJ’s “Turning losses into gains”Laura Saunders suggests that investors consider sharing their pain with the taxman by doing some “tax-loss selling” in their taxable accounts. In the U.S. there are added complexities because of the distinction investments held less than one year vs. […]
Hot Off the Web- August 11, 2011 Personal Finance and Investments Burton Malkiel writes that “Investors who resist the urge to get out during rough times like this will be glad they did” in WSJ’s “Don’t panic about the stock market”“No one can predict what the stock market will do in this and coming weeks. […]
Hot Off the Web- August 8, 2011 Personal Finance and Investments Anne Tergesen reports in WSJ’s “‘Combined’ insurance policies grow” that while sales of traditional long-term-care insurance policies have decreased from 303,000 (2007) to 235,000 (2010), the sales of policies combining life insurance with LTCI rose from 15,000 (2007) to 26,000 (2010). “Such “combined” policies […]
Hot Off the Web- August 1, 2011 Personal Finance and Investments In the Globe and Mail’s “The difference between advisers and counsellors” John Heinzl looks at the difference between financial advisers (typically commissioned salespersons (though there is a move toward asset based pricing) like brokers, account execs, stock brokers wealth advisers, etc) and investment counsellors. […]
Hot Off the Web- July 25, 2011 Personal Finance and Investments In WSJ SmartMoney’s “Is your adviser more aggressive than you realize?” reports good and bad news, about advisors, which emerged from a study by the Financial Planning Association entitled “Trends in Investing”. First the bad news: “that 67% of surveyed advisers believe that “active […]
Hot Off the Web- July 18, 2011 Personal Finance and Investments In the Financial Post’s “Some retiree lifestyles cost even more”Michael Nairne writes that the 70% replacement of pre-retirement employment income rule of thumb can safely be thrown away by affluent individuals. A recent U.S. survey showed that 20% of affluent retirees “spent more in […]
Hot Off the Web- July 8, 2011 Personal Finance and Investments In the Globe and Mail’s “Why only millionaires should invest in bonds directly” John Heinzl explains the advantages of buying bond ETFs rather than individual bonds for average Canadians. Fixed income expert James Hymas is quoted as indicating that “ETFs buy in volume, they […]
Hot Off the Web- July 1, 2011 Personal Finance and Investments In “How long will our retirement savings last” Walter Updegrave writes (in regard to the inflation indexed 4% rule) that “Start by recognizing that your ability to engage in more vigorous pursuits can diminish quite a bit with age. Indeed, some financial planners talk […]
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