Ok, I admit it—I am biased when it comes to annuities. My generally negative view is not based on my own experiences but those of clients and a good portion of my newsletter readers (even though their preferred investments are no load mutual funds and ETFs). The stories I hear are very similar in that most people I have talked …
No Load Fund/ETF Tracker updated through 3/23/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA strong rally supported by the Federal Reserve’s action, and a neutral statement, had all major indexes showing signs of life. Our Trend Tracking Index (TTI) for domestic funds moved higher and now sits +4.94% above its long-term trend line (red) as the chart below shows: The international index rallied as …
Will Target-Date Funds Meet Your Retirement Goals?
Lately, I have seen a variety of articles touting the benefits of using target-date funds (also known as Lifestyle or Life-Cycle funds) to reach your retirement goals. One write-up in particular started out by intelligently stating that “low contribution rates could leave investors with a retirement shortfall.” Duh! If I don’t contribute to anything, I’ll be facing some kind of …
No Load Fund/ETF Tracker updated through 3/16/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpSubprime loan concerns pushed the markets down severely last Tuesday and, while the major averages received, they ended the week slightly down. Our Trend Tracking Index (TTI) for domestic funds moved lower and now sits +2.93% above its long-term trend line (red) as the chart below shows: The international index slipped …
The SubPrime Debacle
Two weeks ago, when the global markets tanked, the blame was squarely placed on what happened in the Chinese stock market. I am sure that we can find a scapegoat willing to take the heat for today’s 2% drop in the major averages. As I looked around, I came to the not so unique conclusion that the fault is clearly …
No Load Fund/ETF Tracker updated through 3/9/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe markets stabilized after last week’s sharp sell off and the major indexes gained slightly. Our Trend Tracking Index (TTI) for domestic funds inched higher as well and now sits +3.71% above its long-term trend line (red) as the chart below shows: The international index also recovered and currently sits +6.84% …