Is it time to retire your 401(k) and come up with another strategy that will actually allow you to retire someday? This may seem like a strange question to most people. Why would anyone want to change the idea of
Category Archives: Market Commentary
Is It Time to Retire Your 401(k)?
Hitting the Retirement Jackpot
I want to play a game with you for a moment. California’s Mega Millions lottery jackpot was recently over $350 million. I want you to imagine yourself sitting in your easy chair the night the numbers are announced. As the
Coming Soon: “Friendly Skies Investing” for the Rest of Us
The way I see it, from the minute I step into that security line to the time I land at my destination (with my luggage), I feel like I am at the mercy of others, and I just don’t like
More Proof that Buy, Hold and Rebalance is Dead
Basically MPT assumes that a person will build a nice pie chart with a mix between stocks and bonds and simply rebalance to the base model when things fall out of balance. In theory, this approach forces you to buy
The Top 2 Financial Insecurities
As you think about that picture a little bit more, do you see yourself working as a greeter at Wal-Mart? Living with your kids because you ran out of money? Lying in a hospital bed and depending on government programs
The Birth of the 401(k) and the Death of Security
That decision was called ERISA and it was the birth of the self-directed retirement account known by many as a 401(k). Once upon a time, back in the day when our grandparents and parents were working, there was an agreement
Rising Rates? A Definite Maybe.
Will interest rates rise if the biggest buyer of Treasury bonds leaves the market? and Will inflation finally rear its ugly head? It irritates me when people say that rates are definitely going to rise. This is not a cut-and-dried
Confusing and Complex… Bond Market 101
Before we get too deep into Fed policy and how the government will have a very difficult time ending their artificial life support called QE3, let’s talk about what it means to your risk management strategy. Bonds are one of
Meet Your New Landlord. . . An 800-pound Gorilla
Here we are today, only a few years out of the worst recession in 80 years and in many parts of the country, especially places like California and New York, prices are rocketing back towards pre-crash levels. Are we approaching
Happy Days Are Here…to Stay?
The big question that I think you need to be asking yourself as we enter 2014 is, “Should I be celebrating my gains and continuing to party on or should I be looking at what my game plan is when