Blog

When approaching retirement it is critical to establish how much income you will have and from what sources it will come. It can help to sit down with pen & paper and list what comes to mind: Social Security - everyone will get this eventually, though when you should start to draw is a questio...

Inflation is often the most pressing problem for retirees living on a fixed income. It forces us to divert a potion of the portfolio away from the safety of bonds because we know that without growth the portfolio's purchasing power will slowly decline. Such are the pernicious effects of inflation. A...

This week I will offer 5 rules, advice for those approaching retirement, to help them enjoy a more anxiety-free time that is for many Americans likely to last decades. Starting from the bottom: Ready Rule #5: Take Inventory Whether you are about to retire or are 10 years away, here is a place...

I got plenty of feedback in January about my "Ten Ground Rules" for 401(k) success. The focus there was to help people who are working and saving for "someday" to be better off when someday arrives. But of course we have clients at every point on the spectrum and some are a lot nearer to "someday" t...

We are enjoying a nice breather today with the stock market snapping a 5-day losing streak, up over 150 points as I write this. Apparently the solons of the Street have changed their previous view that it's the end of the world. Fears of deflation were banished this morning by reports of rising indu...

A brief footnote to my post late yesterday: Yesterday General Motors was set to file documents with the Securities and Exchange Commission in order to sell shares to the public in a widely-expected initial public offering (IPO). During a late-morning conference call with investors CEO Ed Whitacre...

Just over a year ago, in the thick of the financial crisis, General Motors collapsed. Decades of indifferent design and too-rich labor contracts had taken their toll on the once-great company, and GM was ushered into bankruptcy by the White House. A year later there is a newer, sleeker GM. Gone a...

Earnings season is wrapping up for the second quarter of 2010. There have been many bright spots, most recently Macy's, Nestle, and Disney. The market has rewarded those companies that have done well and expressed cautiously optimistic views on the future. However, a survey of the headlines would le...

Economic news of late has been fixated on the state of our recovery. Is unemployment growing? Are companies hiring? How about the housing market - better or worse? And as usual the signs are mixed, as they have been for the 30 years I've been following economic indicators. Yesterday Fed Chairman...

The recent story of the resignation of Hewlett Packard CEO Mark Hurd has plenty to attract the media: big money, a blond actress, allegations of sexual harassment, and admissions of a lapse of ethics. The short version is that Hurd often dined in the company of Jodie Fisher, an HP marketing consulta...