Monthly Archives: April 2011

5 Social Security Myths That Have to Go – CBS MoneyWatch.com

Link: 5 Social Security Myths That Have to Go – CBS MoneyWatch.com This is well worth reading.  Also worthwhile, the author of the article himself posted the first comment – with a link to someone who thoughtfully attempts to rebut his own arguments.

http://www.getrichslowly.org/blog/2011/04/20/rebalancing-your-investment-portfolio

Link: http://www.getrichslowly.org/blog/2011/04/20/rebalancing-your-investment-portfolio

Rebalancing your investment portfolio

Link: Rebalancing your investment portfolio

MUTUAL FUNDS: Target-Date Funds Change Tactics To Survive – WSJ.com

Link: MUTUAL FUNDS: Target-Date Funds Change Tactics To Survive – WSJ.com More about Target-Date funds and some of the changes taking place in that subset of the industry (ie. more diversification, addition of TIPs to some of them, etc).  Zvi Bodie “applauds some of the changes”.  Of course, Bodie thinks that most people should back […]

Hidden Risks in Target-Date Funds – WSJ.com

Link: Hidden Risks in Target-Date Funds – WSJ.com According to a financial advisor interviewed for this article, “target-date funds are rarely appropriate”.  Of course, most of the article talks about certain providers of high-expense, more actively managed funds. The important questions, as usual, ones about expenses and asset allocation choices, aren’t discussed enough.

Bond Funds and SEC Yields – WSJ.com

Link: Bond Funds and SEC Yields – WSJ.com Over a year old, an article very well worth reading, especially today with bond fund yields so low and the divergence between SEC yield (which reflects Yield-To-Maturity) and Distribution yield (which is inflated when there are lots of premium bonds – the result of a  long down-trend […]

Ric Edelman Accuses Vanguard of Hiding Fees – CBS MoneyWatch.com

Link: Ric Edelman Accuses Vanguard of Hiding Fees – CBS MoneyWatch.com The Expense Ratio – while VERY important – doesn’t tell the whole story.  Mutual funds, even index funds, have expenses other than the published expense ratio which can negatively impact performance.  Every time the fund buys or sells shares, there are costs both brokerage […]

What The Bagel Man Saw – NYTimes.com

Link: What The Bagel Man Saw – NYTimes.com Yeah, it’s 5 years old.  But it’s well worth reading.  I was reminded of it this morning while sitting in the cafe near my daughter’s school, where folks come in all the time when the owner has stepped out – and they invariably leave the right amount […]

Funny financial-planning "article" at The Onion

Link: Funny financial-planning “article” at The Onion Well, I thought it was funny, anyway. And it was clearly written by someone who knows enough about financial issues to make up some real gibberish…

Ritholtz on when to fire a mutual fund

Link: Ritholtz on when to fire a mutual fund Note that most of this is a strong argument for using index or index-like funds and etfs in the first place.