Over the last decade, fund managers who oversee the pensions of the nation’s teachers, firefighters, police and other government workers have doubled down on an investment strategy that has cost U.S. taxpayers at least $600 billion, possibly more than $1 trillion, investment data and calculations by Yahoo Finance found. Read more
Published by Dan Morrison
Over lunch recently with an attorney friend of mine, I was lamenting an age-old issue: I pay the bills for my college-age kids, but because they are over the age of 18, they must GIVE ME PERMISSION to see their school files, grades, etc. This is due to something called the Family Educational Rights and Privacy Act (FERPA). Read more
Solid earnings and perhaps some potentially blissful ignorance on the ongoing risks over trade pushed stocks to a second straight week of strong gains. The S&P 500 soared 1.5% for the second week in a row. The MSCI ACWI climbed 1.0%, and the Bloomberg BarCap Aggregate Bond Index rose 0.2%. Read more
Published by Ryan Cooley
In today’s world, we are often reminded to strive for a balanced life. Doctors encourage us to eat a balanced diet. My mechanic recently balanced the new set of tires I purchased to make sure they wear evenly. I even coach my son’s baseball team on the importance of having proper balance while they are batting to harness the most power. One thing I do not hear discussed as frequently is maintaining proper balance with finances.
Every spring it’s the same: the snow melts, the birds begin building their nests, the neighborhood children resume their outdoor play and the housing market blooms. Yes, among the budding trees and perennial sprouts you’ll notice “For Sale” signs popping up all over town. Read more
More money is left behind than lost during market declines. When an investor reacts emotionally to declines, they often pull money out of the market, derailing their investment strategy and leaving them much less exposed to equity markets. Often, these moves are made very near the bottom of the market and the investor leaves behind a substantial portion of return. Read more