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Who is on the Right Side of the Trade?

Thursday, November 6th, 2008, by Richard

Something to think about as the market’s ups-and-downs continue.
Every sell order executed since the bottom fell out on September 29th has had a corresponding buy order.
Of course, the imbalance is lopsided. That’s how markets lose value…when the sellers outnumber the buyers.
The mirror image is when buyers outnumber sellers, and bull markets emerge.
And that […]

Buried Treasure: 5 Things to Watch in Benefits Packages

Friday, August 1st, 2008, by Richard

Not gold or oil, but valuable nonetheless, and where you least expect to find it: In the fine print of your employee benefits manual.
I just finished helping our oldest adultlet decipher the benefits package offered by her new employer and wanted to share the experience.
One reason new hires have difficulty in this task is […]

Income Replacement Fallacies

Friday, June 6th, 2008, by Richard

In an earlier post on the new managed payout funds, the focus was on the mechanics of a managed portfolio that would provide steady retirement income, without the creaky and cost laden structure of an annuity.
But it also brings to mind the fallacy that infects the thinking of many heading into retirement, who have […]

Roll Over Beethoven

Friday, May 23rd, 2008, by Amanda

Blue Jeans Millionaire welcomes Amanda, Richard’s younger daughter, as our newest contributor.
Ok, if the oldies reference isn’t an indication that I am my father’s daughter, I don’t know what is…
First, a brief overview: after graduating college in 2004, I have had three different jobs in three different states. All voluntary moves, fortunately. I figure […]

401K Reform

Monday, May 19th, 2008, by Richard

In an earlier post, we discussed the limited menu of mediocre funds found in most 401K Plans.
This is what happens when investment platforms are designed for the benefit of the provider rather than the plan participant.
But there are same major design flaws at the macro level that need to be addressed as well.
Let’s start with […]

Pay Gap Pay Back

Wednesday, May 7th, 2008, by Richard

I might be in danger of turning into some kind of populist.
This business of executive pay in public corporations has by now jumped the shark. Perhaps the quickest path to riches today is to be fired as a CEO of a major public company.
We witnessed the nauseating spectacle of Merrill Lynch and Citigroup […]

Multiple Streams of Income - part II

Friday, April 18th, 2008, by Christine

Last week, I posted some reasons why you should consider building up multiple streams of income, and this week I wanted to share some ideas on how to get started in creating these streams.
A lot of people never get around to cultivating an additional income stream because they think it’s too big of an undertaking […]

Retiring Retirement

Tuesday, April 15th, 2008, by Richard

I must be the worst pack-rat ever. Then again, I did not grow up with Google, and some gems are worth saving.
From the July 15. 1964 issue of Forbes:
“Retirement has always been a touchy subject, loaded with such emotional phrases as “committing a good man to the junk pile.” Yet while the argument […]