Hot Off the Web- August 17, 2008 A sign of the times is the growing amount of discussion about pensions. Jennifer Hughes of the financial Times writes that UK “Pension trustees set to seek more cash” . A combination of rising longevity, falling markets and “regulatory pressure to act prudently” will make trusties demand additional […]
Hot Off the Web- August 10, 2008 If you are wondering what Jonathan Clements, the recently departed WSJ excellent personal finance columnist is doing, read about it in Ron Lieber’s NYT article “Even small nest eggs need advice” . Jon Clements became Director of Financial Guidance for Citibank’s upcoming myFi offering. You may also want […]
Hot Off the Web- August 3, 2008 To prevent being wiped out completely financially The New York Times’ Joseph Treaster suggests that “Umbrella coverage for preventing your ruin” . Umbrella coverage, an extension of home and automobile policies, is a suggested insurance policy for people “which takes care of their liability for the lawsuits and […]
Hot Off the Web- July 27, 2008 The Financial Times’ Lauren Foster discusses sources of alpha for HNWI in “How to be first when it comes to returns” . Alpha is defined as “returns that are not correlated to the market” (market returns are by the way called beta). The list of alpha sources named […]
Hot Off the Web- July 20, 2008 As you can imagine with the recent poor market performance, there are lots of articles focused on what, if anything, you should be doing with your portfolio. Here is a sample. In WSJ’s “Market’s swoon prods investors to try options” Eleanor Laise discusses how the market swoon is […]
Hot Off the Web- July 13, 2008 Jason Zweig kicks off his new Intelligent Investor column in the WSJ (he is a high profile replacement for Jon Clements whose Getting Going column was a favourite of many readers) with “Learn to love the bear” . He tackles the currently depressed markets head on, encouraging investors […]
Hot Off the Web- July 6, 2008 First, many are wondering “What to do to survive this market” ? WSJ’s Larry Light reminds readers not to panic since average bear market (defined as down 20%) lasts 14 months and recovers within 12 months (there were two “mega-meltdowns” since 1946 which were excluded in the statistics […]
Hot Off the Web- June 29, 2008 You will no doubt be surprise(?) to hear that “Active fund managers continue to underperform indices during volatile markets” in “S&P releases Q1 2008 Index versus active fund scorecard for Canada” This Standard and Poor’s report is a damning condemnation of the Canadian mutual fund industry. Some of […]
Hot Off the Web Level headed advice from Rob Arnott in Financial Times’ “Spend less and save more is recipe for retirement” is triggered by the “Ed McMahon problem” of “living longer, spending too much, and saving too little”. His advice is simple: (1) start saving early and save 20-25% of after-tax income every year, […]
Hot Off the Web WSJ’s Kelly Greene in “How bulletproof is your nest egg” describes approaches to managing your portfolio in (and nearing) retirement. For Evensky and Katz it consists of essentially having a two-year spending worth of cash reserves and the balance of the portfolio invested in a 70:30 stock:bond portfolio; the cash reserves […]
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