You can’t pick up a newspaper today without hearing bad 401(k) news: Companies have cut their 401(k) matches, lessening incentives for employees to make contributions. 401(k) fees are confusing and exorbitant. Employer-sponsored plans are filled with nothing but dog investments packaged for … [Read more...] about Is the Departure from 401(k) Perks a Bad Thing?
Money
Could We End The Fed?
The U.S. House is going to debate the "Audit The Fed" bill. I don't pay close attention to what's being debated and passed on the floor of the Senate of House of Representatives because what's usually written up, sponsored, and voted on isn't even read by our Congressmen. This Audit the Fed bill … [Read more...] about Could We End The Fed?
Why Does Government Fail?
While everyone argues about what the government should be doing, 2 very fundamental factors are ignored. In this video I discuss those factors. One thing I didn't include … [Read more...] about Why Does Government Fail?
Am I "The Greater Fool"?
After reading an advance copy of Jeff Nabers' new book, I learned more about the concept of "The Greater Fool." This theory says that people buy things thinking that it will go up in price and value and that a "greater fool" will come along and buy the thing for more. … [Read more...] about Am I "The Greater Fool"?
Think you’re too old to get in on alternative investments? Think again
Mature investors close to retirement age are likely kicking themselves wishing they had pulled their money out of the market while they had the chance. But too often these investors were told to “stay the course” and that “the market will come back.” Truth be told, no one knows for sure what the … [Read more...] about Think you’re too old to get in on alternative investments? Think again
Deciphering the Bank Stress Tests
Here are a couple highlights for a recent post over at Daily Reckoning regarding the bank stress test results. Banks need about $75 billion to reach "adequate capitalization" "Adequate capitalization" is when common equity equals 4% Common equity being at 4% means a debt-to-equity ratio of … [Read more...] about Deciphering the Bank Stress Tests
How to break America’s 401(k) addiction
[Contributed by reformedinvestor] This is my favorite excerpt taken from the interview between Steve Kroft of 60 Minutes and Brooks Hamilton, who Kroft interviewed in his expose on 401(k)s. Hamilton is an expert in designing retirement plans for large corporations. “The fact is that the … [Read more...] about How to break America’s 401(k) addiction
NY Times' Meltzer Calls for Fed To Stop Causing Inflation
The Fed's activities for over a decade have been very focused on creating inflation (an increase in the money supply). Allan Meltzer wrote a great article the other day summarizing how inflation isn't the solution to our economic problems... it's the cause. He revisits how Fed chairman Paul … [Read more...] about NY Times' Meltzer Calls for Fed To Stop Causing Inflation