About five years ago, I noted that financial consumers should favor naps over apps and put down their smartphones to give their finances and themselves some rest. While noting that typical consumers will fare better by focusing less on money than by watching the numbers change moment-by-moment, I acknowledged that there were plenty of cool …
“Grandpa Jack” is 80-years young, and along with scrapbooks and mementos of a life well-lived, he still has every check he’s ever written, along with copies of every bill he ever paid. As he prepares to move from his long-time family home in Pembroke, Mass. to an apartment attached to his daughter’s house …
I attended an investment sales seminar this week where the speaker tried to persuade the audience to take his approach to retirement investing. It involved something most of the audience had never heard of. Pitched as a “7702 Plan,” it was actually a life-insurance policy, a twist on the more standard annuity-sales pitch …
When it comes to mutual funds, investors have always gotten what they didn’t pay for. Now that they aren’t paying much, they need to decide if the money they’re spending is worth the results they’re getting. Morningstar Inc. recently released its latest fund-fee study, which showed that what investors paid to own …
