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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 […]

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 […]

Partnership Perils II

Thursday, April 17th, 2008, by Richard

Now that we are up to speed on the pitfalls that pertain to investment partnerships, let’s examine one up close.
This one came over the transom a few weeks ago from one of my clients. Like most successful professionals and entrepreneurs, he is besieged by unsolicited offers from a wide variety of vendors.
Unlike most defenseless […]

Partnership Perils I

Wednesday, April 16th, 2008, by Richard

The day will come when a sleek bundle of forms will land on your desk from your friendly broker/adviser/manager…a prospectus and enrollment form inviting your participation in a public real estate/equipment leasing/oil drilling limited partnership.
Or maybe a much less formal offering for a private, exempt (from registration) partnership engaged in similar activities. For qualified […]

Multiple Streams of Income - part I

Friday, April 11th, 2008, by Christine

I still remember my senior of high school as the busiest year of my life. Not just because I was applying to college, participating in a bunch of extracurriculars, and sneaking on dates with my crush (sorry, Mom and Dad).But on top of all that, I was holding down three different jobs. I spent several […]

Passive Aggressive Behavior

Thursday, April 10th, 2008, by Richard

Back in the mists of time….we experienced a convulsive revision to the tax code. The Tax Reform Act (TRA) of 1986. This was the trigger that ignited the booming stock market for the next fourteen years.
Not so surprising, when you consider that the top tax rate permanently dropped from 50% to 28%. […]