These 5 often-overlooked issues could make or break your retirement.
What a difference a few months make. Read more
I have seen my share of client-drafted wills. While most people opt to have a lawyer draft their last will and testament, there is no requirement that an attorney do so. If you do opt to draft your own will, make sure to avoid the following five mistakes that I repeatedly see in layman-drafted documents:
Most of the financial advice you see focuses on telling individuals what they need to do to be a success in retirement. Read more
A handful of stocks is responsible for virtually all the gains in the stock market since 1926. The rest…
This column, like most articles about investing, usually tells you where to put your money—which stocks, bonds, sectors or asset classes are likely to yield superior returns in the future. What the pundits typically ignore is where not to put your money. Which investments should you shun? But I take up the challenge and identify four categories that you should avoid.
The bull-minded optimists that gravitate toward Wall Street are herded and fed by the major investment banks and brokerages, which because of their commission-based business models, try to encourage broad participation in the financial markets. No surprise then that most Wall Street analysts and brokers tend to find the silver lining in everything. Stocks rising? Better buy now before it’s too late. Stocks falling? Great, buy more because shares are on sale.
Hundreds of articles contain false information that is planted, the SEC says.
In a market obsessed with sexy, fast-growing technology companies, a better long-term strategy may be to look for wallflowers. Wall Street’s rally this year has been led by the tech world’s most storied franchises, including Amazon.com, Apple and Facebook. That has dimmed investors’ interest in many other companies, particularly those that are short on glamour or that face challenges reinvigorating their own growth.
Where do you start? How much do you contribute? What do you do if there’s no company match? Should you take the Roth option? There’s lots to consider with this important retirement asset.