Archives
Nortel bondholders poised to get $1.25/dollar while pensioner might get $0.15/dollar?
In a request for political action “Immediate actions to improve your outcome in the Nortel Insolvency” the NRPC is calling on all retirees and former employees who have Canadian claims to contact Minister of Industry Paradis, their senior regional MP and their own local MP to request immediate legislative changes to “block the vulture bond funds from getting […]
Hot Off the Web- June 18, 2012
Topics: Retirement spending declines voluntarily, disappearing inheritances? financial tuneup, retirement planning steps, fund boards ineffective, Otar: zone strategy enhanced with stress testing, lower annuities for affluent retirees, foreigners/Canadians buy up US houses, Toronto condo-craze cooling? UK GDP sustained by delayed retirements, OECD: raise retirement age, Swedish regulator adjusts for “financial repression”, rate increase a threat […]
Hot Off the Web- June 11, 2012
Topics: Start spending, Roth 401(k) preferred, financial industry trends, growth in life insurance? FL hurricane insurance, CPP+DB are target benefit??? retirement age=80? age impact on CPP benefit, public pension plan watershed? panic is rational, sustainable spending, quantitative inadequacies, SROs? document protection, national well-being, betting or hedging? “winner effect”. Personal Finance and Investments “Quit saving and start spending” […]
Hot Off the Web- June 4, 2012
Topics: Active vs. index investing, astrology vs. astronomy, “exchange traded” does not mean ”good for you”, should you care about Facebook valuation-NOT? retirement plan spoilers, bad habits, delayed Social Security, required Canadian investment regulatory changes, fiduciary duty, house prices: Canada up-US flat-Florida up, Florida housing affordable, staging homes for sale, aging pension plans, equity cult? […]
“A Canadian’s best tax haven: The US” by Robert Keats
Despite the recent story about one of the Facebook founders giving up his US citizenship to move to Singapore for tax reasons, according to Robert Keats, in his latest book, he suggests that for Canadians in search of a tax haven (and warmer climate) US is the superior destination compared to traditional tax havens; and […]
Hot Off the Web- May 28, 2012
Topics: Bengen stands by 4.5% rule with refinements, parents’ future, trust your advisor? home to fund retirement? US real estate sales/prices up, CPP investment story, Euro, euro-zone and impact on Canada, ‘perfect storm’ of corporate debt, retirement risk, Value-at-Risk Personal Finance and Investments In the Financial Advisor’s “How much is enough?” William Bengen, “the father […]
“The Intelligent Portfolio” by Christopher L. Jones
This book offers easy to understand investment advice, explains what’s important and what is not, and how/why things work the way they do based on modern portfolio theory. Well worth your reading time. While the book does a great job on the retirement asset accumulation part of one’s lifecycle unfortunately, it dismisses quite lightly the […]
Hot Off the Web- May 21, 2012
Topics: Risk management, index limitations, yield dangers, retirement savings rate? working in retirement, Vancouver housing swoon, Ontario’s (Canada’s) ‘junk pensions’, restructuring a signal of pension troubles, CPP on-track and not too big? end of mutual funds? bullion problems, JPMorgan to drive Volker adoption? not just “too big to fail” but also “too big to manage”! […]
The Pursuit of Risk Management
In a Nutshell Risk is unavoidable; it is part of life. There are known, unknown and unknowable risks. The best we can hope for is to undertake the pursuit of risk management, in order to minimize the impact to the best of our understanding and abilities. -the probability and financial impact of a risk determines […]
Hot Off the Web- May 14, 2012
Topics: Long-term care insurance, retirement location factors, mutual fund fees destroy retirements, lack trust, Canada in real estate bubble? realtor rip-off, not-for-profit pensions, CPP vs. PRPP, “financial repression”, insurance company demutualization? Fama: efficient markets and passive vs. active investing. Personal Finance and Investments In Kiplinger’s “Navigate a course for long-term care” Kimberly Langford looks at […]
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