403(b)s – The Ins and Outs and Some Know-How
403(b)s are a great investment vehicle for retirement for those who work for K-12 public school districts, colleges, universities, libraries, hospitals, churches, etc., and they...
Want Financial Security? Defer Your Retirement!
80% of Americans need a wake-up call. Retirement in your early or mid 60’s and maintaining your current standard of living for the rest of...
5 Sources of Income to Include in a Retirement Plan
Americans have five primary sources of retirement assets that will produce income in their Golden Years: Social Security, Pension Plans, Personal Savings, Real Estate, and...
Human Overconfidence + A Post-Crisis World = Even More Indebtedness
I am endlessly fascinated by the unwitting and reflexive expressions of our genetic programing. No matter how much we may believe we are rational creatures...
What is a Unit Investment Trust (UIT)?
Despite offering certain distinct advantages for an investor, unit investment trusts (UITs) are not nearly as familiar to most people as, say, mutual funds. According...
Client Expectations Matter!
Dr. Harry Markowitz won a Nobel Prize for his pioneering quantitative research and economic theories. He is credited with developing much of the intellectual framework...
Defining Income in Retirement: Safe Money vs. Risk Money
How much money do you need to retire? We’ve all seen the commercials asking, “what’s your number?” The commercials are referring to the amount of...
A Brokers Contractual Obligations
Clearly, in a managed account a broker enters into a contractual arrangement with an investor to “handle” or “manage” their money. The agreement spells out...
Obscured Risk Associated with Hedging
This article is a continuation of my remarks begun last week. The central points were: There are many ways one can be wrong when hedging...
Hedging – A Protection From Losses?
This article serves as an introduction, and to establish context for remarks over my next two articles. James “Jamie” Dimon is the current chairman, president and chief executive officer...
