January 2019

Do We Need To Know This For The Test?

Students and Investors often miss the point of what’s really important. Short term thinking regarding test grades or annual portfolio performance leads to future disappointment. A few weeks ago, I  spent the day teaching five middle school classes about investing. Being away from this for a bit, I needed some oxygen when I got home….

Invest Like a Jomo-Sapien

Reacting to someone else’s cues won’t make you rich; resisting them just might. Get ready for Jomo – the joy of missing out. When joy replaces fear, good things start to happen. Danish psychology professor, Svend Brinkmann, published a paper outlining the benefits of a Jomo lifestyle.  Miranda Green of the Financial Times wrote about his findings:…

It’s Monday Again…..When Is My Retirement?

If you think to accumulate retirement savings is difficult, what are you going to do when you need to decumulate? Determining how much money you can spend in retirement is a difficult puzzle. Start solving it by reading this week’s terrific links. How nudges can help with retirement spending. UCLA Anderson Do you have enough international exposure…

Calling all Ladies

Dina here … I had the pleasure of catching up with my colleague, Blair duQuesnay, for an episode of On Her Mind podcast. She shed some light on the history of women in the workforce and shared that, before 1973, newspapers had segregated the help wanted ads by gender. So it is a fairly recent development that…

Does Your M.D. Act Like a Conflicted Salesperson?

Add cross-selling to George Carlin’s list of seven dirty words. Companies call this “keepage;” hostage is the appropriate term. Losing customers is described as “leakage.”  Organizations obsess about losing clients to cheaper competitors, even if it means selling them expensive, inferior products (think Wells Fargo). Disturbingly, cross-selling infects our hospitals. According to The Wall Street Journal: The…

It’s Monday Again…..When Is My Retirement?

Sadly, government employees furloughed by the shutdown can’t save for retirement. What’s your excuse? Start by reading this week’s awesome links.   Before retiring, you better understand how Medicare works.  Vanguard Four things you need to know if you are retiring in 2019. The Street The secret to happiness in retirement is contentment. The New…

Viral Deception

Conflicted corporate cultures are duplicitously devising ways to contaminate low-cost index funds.  Theses toxic germs poison everything in their path. The blight of high fees shows no mercy.  This mutating virus infiltrates even the most formidable financial immune systems. Daren Fonda defended the faith in his outstanding Barron’s article, Investors Might Be Paying Too Much…

It’s New Year’s Day Again…..When Is My Retirement?

If you make one resolution this year, make sure it’s planning for your retirement. Start NOW by reading this week’s terrific links. Remember picking individual stocks for your retirement account is really, really hard and dangerous. Source LONGBOARD Here’s what to do with your 401(k) when you change jobs. Money Roth contributions still might make sense…