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U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff – Bloomberg
Link: U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff – Bloomberg Read more
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The Secret To Selecting A Good Mutual Fund – Expenses Matter
This isn’t really news to anyone who’s been following funds or the literature. But it’s nice that there’s a recent study which reassures us that the common-sense idea that you get to keep more if you pay less is, in fact, true. From Morningstar: http://news.morningstar.com/articlenet/article.aspx?id=347327 How Expense Ratios and Star Ratings Predict Success We test Read more
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NYTimes – photos on the web may reveal your location
Link: NYTimes – photos on the web may reveal your location Cameras may now have GPS and embed geotags in photos. For privacy purposes you may sometimes want to disable that. Mainly a potential issue for users of iPhones. Read more
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Daring Fireball: An Ode to DiskWarrior, SuperDuper, and Dropbox
Link: Daring Fireball: An Ode to DiskWarrior, SuperDuper, and Dropbox One of the first News and Notes articles I wrote for MeyersMoney.com was a reminder to everyone to back up their computer hard drives. It’s not strictly financial advice, but it’s important advice nonetheless. Just do it. Find a backup solution which works for the Read more
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Is your "advisor" really independent?
I’ve made no secret of the fact that I hate the term “financial advisor.” It has no real meaning and anyone may call himself that. Most of the folks who call themselves financial advisors are salespeople. I don’t say this as a slight to salespeople – I’m just not comfortable with what I consider a Read more
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Forbes.com – Investors Misled By Brokers Masquerading As Fiduciaries
Link: Forbes.com – Investors Misled By Brokers Masquerading As Fiduciaries Folks who are CFA charterholders are not necessarily abiding by a fiduciary standard in their professional roles. If folks see the CFA(tm) mark, they may be (incorrectly) assuming a higher level of standard than actually applies – often the soft “suitability” standard that brokers and Read more