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Grim Savings Numbers 26 Aug 2013 | 10:21 pm
The other day I linked to a blog post from US News with some very grim numbers from a report published by the National Institute on Retirement Security (NIRS) about how much money Americans have put a...
Goals Based Investing 26 Aug 2013 | 06:17 am
Barron's had an article on something that is supposedly new called goals based investing. The idea is to focus on investing toward your specific objectives as opposed to benchmarking to an index. As a...
"Our economy simply does not produce enough jobs" 24 Aug 2013 | 05:55 am
This week there were several articles on the subject of how unprepared people are for their financial futures and how little help they will get from a healthy economy (meaning the economy won't be hea...
The J. Geils Band Freeze Frame 22 Aug 2013 | 11:15 pm
The market is having a freeze today, some are calling it a Flash Freeze, at the Nasdaq but it is having an impact across all markets. Where the technology of trading evolves it seems like it has beco...
Why A 1987 Crash Is Not In The Cards 21 Aug 2013 | 08:16 pm
This is more of a hairsplitting post but with higher interest rates looming people have started drawing comparisons to 1987. As incredibly remote a possibility that a one day 20% decline was it is eve...
Dental Tourism 10 Aug 2013 | 06:21 am
During the week I read an article about medical tourism which is a topic we have covered many times here in the past. Essentially it can be dramatically cheaper to have medical procedures done in othe...
The End of Wall Street As We Know It? 9 Aug 2013 | 07:40 am
That is pretty much the call from Meredith Whitney who sees Wall Street firms reducing head count by 15%. Should we listen to her? For now she is one for two on big calls; right on banks and wrong (or...
Barry Ritholtz Says "Spot the Outlier" 7 Aug 2013 | 09:02 pm
Barry Ritholtz posted this table with some commentary that is useful reading. While there is no playbook for what is going on in the world, this sort of thing has not worked out well in the past.
The Jobs Situation Still Stinks 6 Aug 2013 | 07:02 am
From Ezra Klein's Wonk Blog that he titled This graph calls the entire economic recovery into question. Basically if there aren't more people working then the decline in the unemployment rate simply ...
Your Most Important Investing Advantage 5 Aug 2013 | 04:13 am
Time. So says Morgan Housel in a great article for The Motley Fool. Specifically he says; If Wall Street is thinking about the next ten months, and you're thinking about the next ten years, case clo...