If Mutual Funds Don’t Churn, Index Funds Don’t Earn

Mutual Funds actively buy and sell equities with your retirement money and Index funds basically buy and hold those same equities. Index Funds claim they provide better returns at lower costs and that is probably true. But they rely on the Mutual Funds to buy and sell equities on a regular basis. In a rising […]

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Baby Boomers – Maybe the Revolution has begun – Please Listen and Learn!

Today for the first time I read an article that is inciting a revolution amongst American Workers with Employer Sponsored 401(k) Retirement Funds to get seriously involved in managing them. Hooray! Hooray! Hooray! Bill Donoghue is the hero who may start the revolution. He is calling for American Workers to unite to protect their 401(k) […]

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Baby Boomer’s Email to Their Financial Planner August 2007

I emailed my financial planner in August of 2007 about my concerns for protecting my nest egg. Subsequent event show they were well-founded. Between the letter, this email and several other emails asking more and more questions to which I really didn’t get any answers I could rely on, I waited until the November 12th […]

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Baby Boomer’s Letter to Their Financial Planner August 2007

I thought I might publish my initial letter to my financial planner so you can see why I decided to remove my money from my WRAP Account and put it in cash. I gave my retirement nest egg money to my financial planner in November 2006. By about May of 2007 I was getting concerned […]

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Mutual Funds Intimidate Baby Boomers and Investors

Many Mutual Funds are now seeing their total funds being reduced dramatically by stock market losses and investor redemptions. In order to stop the redemptions Mutual Funds try to intimidate Baby Boomers not to do anything to protect their nest eggs in retirement. I have taken some statements from the newspapers to make my points. […]

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Baby Boomers Should Filter Out Much of the Fund Management Advice

As I read more and more about the poor returns from the funds I also see more and more financial gurus rationalizing the losses on the funds and advising intelligent investors to hold on. Baby Boomers need to filter out some of these messages as they don’t apply to you. It runs something like this. […]

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Are Your Retirement Fund Returns for 2008 as bad as this?

A friend of mine has emailed me his WRAP account Mutual Fund returns for 2008. My friend had all his retirement nest egg in a WRAP account until recently. It is one of the top fund mangers in Australia. When the market started going crazy in January he became very risk averse as he watched […]

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Mr Paulson Offers Baby Boomers a Second Chance to Get Some of Their Nest Egg Back

We are all concerned about the banks and how secure they are. Mr Paulson said the banks are 99% secure but is going to extraordinary lengths to ensure they have access to tax payers money. He and the FED are manufacturing money to keep all the bankers employed, I mean keep the markets liquid and […]

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