Retirement Watch Weekly
What Will Italy’s Referendum on Sunday Bring?
The attention of many investors and economists is shifting from the change of administrations in the United States to Sunday’s referendum in Italy. The result could have repercussions for the European Union exceeding those from last June’s Brexit vote, according to much of the pre-referendum hype. On Sunday, Italians will vote whether or not to […]
Jerry Seinfeld’s Top 10 Rules for Success
Evan Carmichael put together this video on YouTube that pieced together clips of Jerry Seinfeld to develop Seinfeld’s rules for success. 1.Chase physical and mental energy He graduated from Queens College, with a degree in communications and theater. 2.Find the torture you’re comfortable with He developed an interest in standup comedy after brief stints in […]
Variations in Medicare Spending
A few years ago the federal government started releasing detailed data about Medicare spending. Analysts quickly determined that Medicare spending averaged quite a bit around the country. Some areas have much higher average spending per Medicare beneficiary than others, and some providers bill Medicare much higher amounts. This blog post discusses a new study that […]
The Limits of Medicare Coverage
One of the biggest mistakes people make in retirement is not knowing the limits of Medicare coverage. Many people enter retirement believing that Medicare covers all or most of your medical expenses. This article goes into some detail about the out-of-pocket costs typical Medicare beneficiaries pay for cancer treatments. It’s based on a study by […]
The New Rules of Retirement
You might like my book, The New Rules of Retirement, revised edition. I can help you plan for later years, regardless of your age. It also makes a great gift for friends and loved ones. It covers all the financial issues of retirement and retirement planning. You can think of it as “The Best of […]
Happy Thanksgiving
We celebrated Thanksgiving early this year because most of the family is going to be out of town visiting other relatives. The early celebration seemed to enable more of the reflection and spirit intended for the holiday. In recognition of Thanksgiving, I modified the format of this week’s message. We had a volatile, unpredictable 2016. […]
Inside the Best Investment Fund
Few people outside the investment world have heard of Renaissance Technologies. Even fewer have heard of its premier fund, Medallion. This article provides some details, based on dozens of interviews. The firm is drawing increasing interest because money earned from it helped the Trump campaign and a number of political organizations. For outsiders, the mystery […]
How Tactical Asset Allocation Helps
This paper from Research Affiliates shows that many people time markets, without acknowledging it, and do so to their detriment. It develops several simple strategies for deciding how to tilt an investment portfolio of “smart beta” strategies and compares the results. Selecting the three smart beta strategies with the best past performance would have cost […]
