Financial Advisors don’t Understand Baby Boomers Need to Avoid Large Losses

I don’t think the message is getting through to financial planners any more than it is getting through to bay boomers. That message is Baby Boomers have to observer and respect Rule #1 – Avoid Large Losses in Retirement. Chasing high returns by having a high proportion of your money invested in equities (risk-based assets) […]

Read the rest »

Performance Cost Ratio should replace the Management Expense Ratio (MER) to Compare Funds

When selecting a mutual fund to invest in one of the considerations is its Management Expense Ratio or MER. This is presented to investors as a way to compare different funds but it has some serious flaws. A different measure called the Performance Cost Ratio is a better option for directly comparing different Funds. Now […]

Read the rest »

Mutual Fund Loads, Fees, Charges and Hidden Costs

I may not have got all Mutual Fund fees and charges but you should be horrified by the list of the ones I have found. The Mutual Fund industry has found many ways to part you from your money with their loads, fees, charges and hidden costs. They do this slowly with small percentages over […]

Read the rest »

Stock Market Reality Bites – Sentiment can Move Markets either way

Brokers are now saying things are overdone. The sentiment is too negative and it has taken the markets down too far. Stock Market Reality is now biting the hand that feeds it. Stock Brokers and Fund Managers are feeling the pinch as the stock market drops like a stone. Through their over-trading and market manipulation […]

Read the rest »

Mutual Fund Managers don’t invest in their own Mutual Funds

Its official! Most mutual fund managers do not have the confidence to invest their own money in the mutual funds they manage. Are you surprised? I’m not. I have always maintained many of them use your money to find market bottoms, pump and dump stocks just before bonus time and in general use the fund […]

Read the rest »

Capitulation is Not an Option in Retirement

Well it happened, the S&P 500 is officially is down over 20% and that means a technical recession is occurring. What does it mean to you with your retirement funds taking a serious hit? One thing it doesn’t mean is that you should capitulate and sell all your equity funds and rush to cash. On […]

Read the rest »

Lies My Financial Planner Told Me

Have you noticed that whenever you talk with a financial planner they talk in terms of certainties. But when you sign the investment documents they point out that there are no guarantees the things they told us before may apply? Do you go to a car showroom and hear them tell you all the great […]

Read the rest »

Keep Your Friends Close but Your Financial Adviser Closer

I was doing some research today for some future posts and came across an article that talked about the subprime mortgage crisis. It was talking about the fact that mortgages do not necessarily want to walk away from their mortgage. They just can’t find out who to talk to about it. Due to the subprime […]

Read the rest »