Anthony Isola

Under The Big Black Sun

Retirement rollovers operate in a dark world that is filled with terrors. Non-transparency and deception block out fiduciary light. Financial predators transfer low cost 401(k) funds into expensive house products. The end result is you end up financing the salesman’s retirement rather than your own. These people should give retiree’s the creeps and rightly so….

Be The Light

Make things happen or they will happen to you – this is true in both life and finance. Something very significant took place in Buffalo, N.Y. this weekend. A math teacher named Chase Mallia  made something happen. For decades, public school teachers have been mercilessly exploited in their non-ERISA 403(b) retirement plans, often paying fees of…

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

If North and South Korea can make peace, you can plan for a successful retirement. Start right here by reading this week’s links. Repeat after me, NEVER LOAD UP ON COMPANY STOCK! Wall Street Journal Women, divorce, and retirement planning don’t play well together. Standard-Examiner Our retirement system is prejudiced against women. MarketWatch Time to…

Infopocolypse Now

Uncertainty is the only certainty for investors.  Probabilities are the best we can hope for regarding long-term projections. How about the short term? Don’t waste your time. An example of factual overload combined with overconfidence is found in Thursday’s upcoming NFL draft. Despite an infopocolypse of data, the results are far from certain. The number two…

Suitably, Unsuitable

It’s impossible to calculate the price tag of “suitable financial advice;” often, it is never disclosed as merely suitable.  Opportunity costs created by avoiding low-cost index funds are enormous. How about the tax consequences of withdrawing money from retirement accounts to purchase expensive insurance products? Suitability is no match for unbiased, comprehensive financial planning. According…

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

Retirement is a new concept. Up until recently, people did not plan on living too long after they finished working. You need to prepare. Here is some good news. There are more 401(K) millionaires than ever before. Investors Business Daily Many Americans retire and then go back to work. It’s not for the money. New…

Oh Behave!

Bad behavior ruins many things. This is especially true regarding investing. Stacy Rapacon wrote this neat article for grow.acorns.com on the index card I created about market crashes. “It’s not just with finance. When you make decisions based on emotions instead of facts and data, it’s not usually going to turn out well,” Isola says….

Three Ways to Fail Slow

Investors fear violent market crashes; those that would vaporize years of wealth accumulation in a matter of days or weeks. Many pay too little attention to slow failure. Risk aversion is a stealth assassin.  This silent threat has none of the drama of plummeting markets. The carnage left behind is worse. Justin Sibears wrote an…

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

Dreaming of not having to go to work on cold, rainy Mondays? Make this a reality by educating yourself on retirement planning. Start by reading today’s links.   Having too much company stock is a problem. New York Times Many state pensions are in big trouble. Yahoo Finance Tread very carefully if you have access to…

Boring Money is Beautiful

Dina here … I have a bird’s-eye view into the many ways investors have been misdirected by their financial salespeople; but this past week I encountered a perplexing situation – which is rare, as I’ve seen a lot. In the past, the usual “suspect-behavior” has been selling investors expensive mutual funds and annuities when better,…