Author: Artie

How To Avoid Becoming Rich

We’ve all heard the stories about the Silicon Valley barber who became a millionaire by listening to and investing in the companies of the executives whose hair he cut.  Or about the thousands of employees during the early days at Microsoft who became millionaires simply by accumulating their stock options as the company’s stock price…
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Is Now The Time To Sell My Investments?

This is a question I get quite frequently from clients, friends, relatives, and even strangers that I meet at seminars. When I inquire as to what prompted such a question, the responses run the gamut from “I read that stocks are overpriced right now” to “The loud-talking guy on TV said so.”   In this post…
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What Is Your Advisor Really Costing You?

In a recent article in Morningstar, John Rekenthaler talked about how Ameriprise and other brokerages/custodians/advisors offer funds based on how much revenue they get from the fund companies.  These so-called revenue-sharing agreements, he argues, are a way for the brokerages to hide the income they are actually earning from the advice they are providing to…
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What’s The Real Risk In Your Portfolio?

Risk is a commonly used term when it comes to investing, and its importance cannot be overstated. While we cannot control the returns that we get from our investments, we can and should manage the risk very carefully.  As I have written before (Don’t Overlook the Risk of your Investments), there are many different types…
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How Your Pet Can Save You Taxes

In honor(?) of tax reporting season, here are some ways you might be able to use your pet to save money on your income taxes.  Thanks to Emily Zulz of ThinkAdvisor.com for having compiled the original list. Hire your pet for your small business. You heard that right! If you are a small business owner,…
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Is Positive Asset Correlation A Problem?

An article with the provocative title “Why 60/40 Portfolios Are Downright Dangerous Today” caught my eye the other day.  It was in a financial planning trade publication targeted to financial advisors and asserted the following: Bonds and stocks used to be negatively correlated with each other but no longer are. Advisors are not making enough…
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Can IRAs Be Used Before Retirement?

Anyone who has contributed to an Individual Retirement Plan (IRA) is likely aware of the plan’s primary restriction, namely that you cannot withdraw the money until you reach the age of 59½.  At the same time, the government didn’t want this restriction to be too onerous, so rather than making it impossible, they simply decreed…
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Investment Keywords To Watch Out For

What prompted the writing of this post was a radio commercial I heard the other morning while commuting to work.  It was from some real estate firm that promised to teach me how to buy, hold, and sell properties with no money down and no risk.  Imagine that: no risk!  How could anyone turn down…
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More Financial Protection For Seniors

Since 2005 the population of individuals aged 65 and over in the U.S. increased from 36 million to over 50 million.  It’s expected to double to nearly 100 million by 2060.  When you take into account the fact that these seniors own over 75% of all financial assets (according to the Securities & Exchange Commission),…
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How To Delay Age-Related Cognitive Decline

I’ve written before on the subject of cognitive decline.  Prior research has indicated that (1) it increases with age and (2) you won’t know that it’s occurring (see At Some Point You Need To Stop Investing). A recent British study on retired civil servants concluded that there are some things you can do in retirement…
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