Warren Buffett Has A Simple Rule: Bad News First

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Want people to trust and admire you, maybe even fall in love with you? Never pull your punches. It’s a contrarian approach to life, and possibly the hardest thing to do when it comes to money and investing, but owning up to what’s going wrong is crucial, say an expert who studies the investing style… Continue reading

 

You Can Retire With Less Than $1 Million

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Retirement investing is a difficult topic for many of us, and not just because of complexity. Rather, our emotions tend to get the better of us. Like starting up a huge mountain, the work of creating a retirement nest egg seems impossible. So we tend to shut down and think about other things instead. Kids,… Continue reading

 
Bruce Springsteen isn't going to retire at 67

Bruce Springsteen Isn’t Planning To Retire

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Iconic performer Bruce Springsteen is out with a memoir of his life in music, unsurprisingly entitled Born to Run. It’s his first attempt to capturing his own story, although many others have written it before, some even writing him off. One biographer joked that he was “too old to rock” in 1989 — 27 years… Continue reading

 
Yale's Charley Ellis explains where most investors go wrong

Ellis, Bogle Agree: Investing Fees Are The Problem

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In an interview with Bloomberg TV, Vanguard Group Founder Jack Bogle lowered the boom on critics of index investing and low investing fees. “Idiotic” is how he characterized one research analyst’s viewpoint. “Totally wrongheaded.” I can only imagine how that poor analyst must feel about now, having the dean of American investing call him out… Continue reading

 
The Stock Market Doesn't Care About Clinton or Trump

The Stock Market Doesn’t Care About Clinton or Trump

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As the cooler air of fall sets in, a lot of us are feeling a mixture of dread and relief over our strange and seemingly endless presidential campaign season. We have only a couple of months to go before voters settle on either Hillary Clinton or Donald Trump. The dread comes from not knowing how much more intense things… Continue reading

 
Charley Ellis on how investment fees mislead retirement savers

Charley Ellis: The Simple Reasons Index Investing Wins

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It always amazes me when people make the case for actively managed investment funds. If you understand the evidence against active trading — and in favor of index investing instead — it takes a heap of willful ignorance to keep believing. I understand why, though. Often, proponents of active management are investors of a certain… Continue reading

 
John Bogle says retirement investing fairness is worth fighting for

John Bogle: ‘Fight On’ For Retirement Investing Fairness

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Transparency is a fancy word you hear a lot when it comes to corporations and government, but it just means being clear with people. Say what you do, then do what you say. It couldn’t be simpler, but nothing is simple once money is involved. And the more money at stake, it seems, the less… Continue reading

 
Picking stocks might work in the short run but often fails in the long run

Stock Pickers Win Battles And Lose Wars

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July was a bright spot for mutual fund managers who insist that stock picking is the way to make money. Sixty-seven percent of large-cap stock pickers beat their benchmarks while small-cap managers did their best so far this year, with 43% of them beating their index. Deal me in, right? Except that those July numbers were… Continue reading

 
Amazon founder Jeff Bezos is richer than Warren Buffett

Buffett, Bezos and Hedge Fund Guesswork

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Funny how obvious things can be in the rear-view mirror. Jeff Bezos, founder of online retail giant Amazon, recently saw his wealth surpass that of investing legend Warren Buffett. Separately, Buffett’s own wager on the broad stock market index against a collection of hedge funds continues to embarrass the supposed “smart money” at those funds. There are some very… Continue reading