Retirement Strategies in Pictures

“This example will be based on a 65-year-old retired couple. They have accumulated $1.7 million of retirement savings allocated 50/50 stock/bond, and they also own an un-mortgaged house worth $500,000. They will receive a combined $42,500 in Social Security if they both claim at 65, and their essential expenses are $85,000 increasing with inflation each Read more about Retirement Strategies in Pictures[…]

The Future is Now

A dismal view of probable future equity returns from John Hussman. Unfortunately, he is not the only (or the first) to predict such bleakness for the next decade or so.  That’s not to say you should try to time this market but if you’re currently sitting in cash, you probably shouldn’t be in a big Read more about The Future is Now[…]

The Greatest Hits of Investing

An excellent, easy to read, whitepaper from Brad Steiman of Dimensional Fund Advisors. “If free markets fail, it would be easy for investors to systematically beat the market, but in reality, man versus the market isn’t a fair fight and most of us should accept market forces rather than resist them.” Read the entire whitepaper >>

Bill Bernstein: Stop When You’ve Won the Game!

When Bernstein talks, investors should listen: “It’s almost like a political issue. There’s a “right wing” of very smart, authoritative people who think that savers and retirees should be investing conservatively because stocks are so risky. And then there’s a “left wing” of equally smart and authoritative people who believe the opposite.”  Read the full Read more about Bill Bernstein: Stop When You’ve Won the Game![…]

Recognizing the Valuation Bubble in Equities

An interesting, if technical, “open letter to the FOMC” from John Hussman of Hussman Funds. “The unfortunate situation is that while the required financial adjustment may or may not be as brutal for investors as in 2007-2009, or 2000-2002, or 1972-1974, when the stock market lost half of its value from similar or lesser extremes, Read more about Recognizing the Valuation Bubble in Equities[…]