You can’t win the game if you don’t know the rules. Capitalism relies on the free flow of information. Any rupture deprives the free market oxygen needed to sustain itself. Judging by these criteria, the K-12 403(b) market is on life support. A lack of transparency combined with toxic financial illiteracy created a market that…

Insurance companies are poised to begin carpet bombing 401(k) savers with costly and inappropriate annuity products. The Secure Act may change the way Americans save for retirement. Spoiler alert –  change isn’t always good. Securing insecurity isn’t the answer for a country where 25% of its people have bupkas put away. The Secure Act passed the…

Investors don’t live in a test tube. Often what looks great in the lab leads to disastrous results. The same goes for the history of curing fatal bacterial infections. This powerful story is laid out in the amazing book, The Demon Under The Microscope by Thomas Hager. Hager traces the story of a team of…

It depends on how you spend it. Becoming a mall rat won’t do the trick. The dopamine rush fueled by mindless purchases leads only to a severe case of FOMO. Income isn’t a golden ticket either.   How should you handle money to fill your life with bliss instead of envy? Gretchen Rubin has seven…

There is one thing even Democrats and Republicans can agree on. Most Americans are financially illiterate. The InvestmentNews recently pointed out the extent of this epic fail. From student loans to credit cards and retirement savings. We are a mess. In one study, “researchers found in 2015 that only 30% of Americans were able to…