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Archive for October, 2012

The Triumph of Hope over Experience

Saturday, October 27th, 2012, by

That’s the expression cynics use when someone gets married for the second time.  But I think it ought to be tagged to those who expect above average stock market performance as a result of paying for “expert” advice. I will concede that the army of finance specialists who serve as gatekeepers to the markets have […]

Fat, Sick and Nearly Dead: The Movie

Tuesday, October 23rd, 2012, by

What do you think is the best value in entertainment today?  It would be hard to beat the nominal $8.65 that Netflix charges for its internet streaming service. Admittedly, you will not have access to the most recent hot movies, but if you enjoy documentaries as much as I do, this service is a treasure […]

What we worry about most in Retirement

Friday, October 12th, 2012, by

You might be interested in the results of the most recent Merrill Lynch Wealth Management survey of affluent households.  The question posed: What is your top financial worry? For me, that’s an open invitation to a very long laundry list.  How about the five trillion dollars that has been vaporized in the past four years, […]

It’s all a matter of trust: in your Financial Advisor

Friday, October 5th, 2012, by

This will probably strike you as a shameless promotion for my wealth management practice, but that’s ok by me.  After all, this is the way the public now views fee only financial planners and wealth managers. I’m referring to the news article I found in Investment News (the issue of September 24, 2012) entitled “Advisers […]