30 Mar 2016

Re-Booting Financial Journalism

In this election season, it’s pretty clear that the quality of political reporting has been called into question by both the electorate and even the president of the United States. Yet since economics, especially income disparities between classes and lack of wage growth and retirement security have also become central

0
20 Nov 2015

Investors and Retirees Should Expect Less in 2016

2016 looks like it will be a rocky years for investors. U.S. economic growth in 2016 was cut to 2.4%, a decrease from a previous estimate of 2.8%, according to a report by Goldman Sachs in September 2015. On a global level, GDP growth was cut from 4.3 %  to 3.7% primarily due

0
05 Oct 2015

Financial Journalism’s Glaring Blind Spot is Objectivity

When it comes to publicly discussing journalism’s ability to be objective, all shades of the political spectrum have their opinions. However, financial journalism has traditionally been considered more objective, mainly because it relies on financial data, market statistics, audited company balance sheets and information contained in legal vetted annual reports

0
30 Sep 2015

Why Modern Business Requires Changes in Retirement Planning

Most advice on retirement planning has traditionally focused on the basics of portfolio construction, risk management, diversification, maximizing contributions and other financial considerations. But there is also another important aspect of retirement that only gets marginal coverage.  That aspect is happiness. Various indexes, such as the World Happiness Report, now

0
22 Sep 2015

New Study Finds the 2008 Recession Damaged the American Dream for Millions

Just as the Great Depression of the 1930s (that lasted from 1929 to 1941) affected an entire generation of Americans, the 2008 recession is having the same affect, according to a new study by  Allianz Life. The people that have been especially hard hit are Generation X and the Baby

0
02 Aug 2015

Wonder Why 401(k) Participants Are Not Saving Enough? They Don’t Have the Money

Willie Sutton, the infamous bank robber, said he robbed banks because that was where banks kept the money. He was correct. Today, 401(k) educators, financial planners and benefits administrators freely complain that participants are not saving enough because they are not disciplined enough. They are wrong. The answer to why workers don’t save

0
12 Jul 2015

A Bad New Trend for Retirement

As the number of part-time workers continues, more workers are now becoming freelancers to make an income.  But this large shift comes at even larger price: freelancers do not get benefits, including the all-important 401(k) plan and its critical employer match. According to a CNBC report, over 53 million Americans

0
01 Jul 2015

Examining Why More Americans Are Considering Becoming Expatriates

“Our country! In her intercourse with foreign nations, may she always be in the right; but our country, right or wrong.” — Stephen Decatur, U.S. Navy captain, (1779-1820)   The United States may always be right, but sometimes people decide they want to watch the nation from another location. That

0
30 Jun 2015

How Neo-Conservatism Affects Investors and the Financial Services Industry

Very few industries are as blatantly anti-customer as the financial services industry. And for good reason. Basically, the financial service industry is bi-furcated into two very separate operations that, when they work together, are anti-consumer, while simultaneously being pro-banking and pro-corporate. In everyday life, too many individual investors are routinely

2
26 Jun 2015

The GOP’s War Against Retirees

As millions of Americans remain concerned about whether they will have enough money to fund their retirement, they can remain assured that the GOP is intent on making these post-working twilight years as difficult as possible. While retirement once had an appealing ring to it over 50 years ago, that

0