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Vanguard founder, John Bogle, is investing’s Pied Piper. He first blew his pipe in 1976. Things started slowly. But eventually, legions followed him into index funds. Actively managed funds, he says, are mostly a waste of money. They earn lower returns because their fees are higher. But Bogle owns at least one actively managed fund—and it has thrashed …View full post
Last year, elementary school counselor Nathan Schelble bought a $280,000 home in East Aurora, New York. He paid cash. It took him just three years to save the money. No, he wasn’t running a drug business like the teacher in Breaking Bad. Instead, he and his wife, Stacie , had worked for 6 years at Singapore …View full post
There are two common ways to retire a full decade before Mr. and Mrs. Jones. The first isn’t rocket science. Avoid consumer debt and invest early. If you invested $375 per month from age 20 to 55, you would have more than a million dollars if you averaged 9 percent. But few have the foresight …View full post
Everybody knows that China is the world’s fastest growing economy. What you might not know, is that investing in its stock market could be a sucker’s game. I explain China’s poor performance in my latest AssetBuilder articleView full post
“You wouldn’t believe what happened at work today,” said my friend, Keith Ferrell. He helps teachers and students integrate technology into elementary school classrooms. As we talked over dinner, he shared a crazy (but all too common) story. A nine-year old girl at his school had spent $3,711 on a variety of online games. She …View full post
Can Your Investments Earn Strong Returns With Almost No Risk? I answer “yes” to that question. Listen to the Podcast at MoneyTreePodcast.comView full post
OK, if you read U.S. headlines, you wouldn’t visit Mexico. I get that. The media smears Mexico. It’s like reporting on Jennifer Lopez’s looks, but focusing on a wart she might have on one of her toes. No image or talk of her lovely face and body. If you think Mexico is dangerous, let me …View full post
Scott Roussea has just published a review of The Global Expatriate’s Guide To Investing at the Healthy Wealthy Expat blog. So far, dozens of bloggers have done the same. But Scott’s review is fabulously detailed. So if you’re curious about the book, please check out his review.View full post
Canada’s mutual fund managers could be depressed. And why wouldn’t they be? The money they manage gets throttled by index funds. Psychologically, how could this affect their day to day work? Image courtesy of pixabay.com I explain it, in my latest Globe and Mail article.View full post
I’ll be having two book launch events in Singapore during the next week. Saturday, January 17th, I’ll be speaking at Kinokunyia between 2pm and 3pm. Wednesday, January 21st, I’ll be speaking between 6:15 and 8:30 at Prudential Tower, Level 23, 30 Cecil Street. You can register for this talk here. In case you are curious, …View full post
Twenty-five years ago, Michael O’Higgins began to write a book. The Miami-based money manager wanted to share something simple: an investment strategy that he had used since 1978. The strategy took just 15 minutes a year. But Mr. O’Higgins said it would beat the market. He completed the book in 1990. Titled Beating the Dow, it began to …View full post
Many say that America is no longer the land of opportunity. Times have changed. Years ago, the new world offered what old Europe didn’t. Land cost less. People could make more money. Feeding and raising a family was supposed to be easier. Much has changed since boatloads of starry-eyed immigrants followed the first settlers. But …View full post
Robert Landau knows a thing or two about teaching. He has worked overseas for four decades. He has spent the past 25 years working as a school superintendent in Switzerland, Indonesia, the Czech Republic, China, Cambodia, and Singapore. But there’s one thing that bugs him. A lot. “Many schools allow investment ‘salesmen’ through …View full post
Most of us believe that small stocks outperform large stocks. Studies agree. But were those studies correct? Perhaps not. Read the latest in my AssetBuilder columnView full post
Are you a non-American expat who owns shares in Apple, Google, Coca Cola, Johnson & Johnson or a U.S. index? If the answer is yes, your heirs might have to pay U.S. Estate Taxes when you die. You’ve never stepped foot on U.S. soil? That doesn’t matter. It’s important Image courtesy of pixabay.com Please …View full post
We hear a lot about the low costs of index funds. Sure, they outperform most actively managed funds. As a result, many people assume that those who buy index funds are simply smarter. But investors’ intelligence can be measured in other ways. Those that buy high and sell low are fools. And it appears that …View full post
Many international school teachers don’t think enough about retirement. And that’s understandable. The whole concept can seem confusing. But it isn’t. And those who fail to plan are planning to fail. That could mean eating dog food instead of gourmet, during your golden years. So, what are the top 10 tips for international school teachers to …View full post
No, I’m not sharing how to find a romantic partner. Instead, I was interviewed by Jordan Harbinger at The Art of Charm, “Where Ordinary Guys Become Extraordinary Men.” So what’s my contribution to the “extraordinary” part? Harbinger and I discussed how to manage money. You can listen to the podcast hereView full post
“How could my financial advisor have done this to me?” Many ask this question after they buy a variable annuity. You’ve heard that most of these products are nasty. Some say high fees burden them. Others complain that they’re inflexible. They penalize investors who try to sell before a predetermined date. Wall Street Journal writer Matthias …View full post
You’re sitting at a fancy new restaurant. The ambience is perfect. “Your taste buds will tango,” says the celebrated chef. The back of the menu oozes with promise. We have award-winning chefs. We grow our own organic herbs. We butcher your meat and catch your fish the second you place an order. At some …View full post
An out-of-town visitor was being shown the wonders of the New York financial district. When the party arrived at the Battery, one of his guides indicated some handsome ships riding at anchor. He said, “Look, those are the bankers’ and brokers’ yachts.” “Where are the customers’ yachts?” asked the naïve visitor. Fred Schwed, …View full post
Investors in Norwegian stocks keep getting dumped from a chair lift. Over the past three years, they have risen, fallen, risen and fallen again. Since January, Norwegian stocks have fallen nearly 10 percent. Since November 2010, when GlobalXFunds created an ETF to track the Norwegian market, Norwegian stocks have gained just 2.03 percent. In contrast, …View full post
In 1973, three years before Vanguard created its first index fund, Burton Malkiel wrote the classic book, A Random Walk Down Wall Street. It ruffled plenty of Wall Street suits. The Princeton economics professor argued that actively managed mutual funds were a waste of money. He said most of them perform poorly compared to their index …View full post
Sandi Gelles-Cole has worked in the publishing industry for more than 30 years. She’s an editor, author and writing coach. But things are getting tough. “Big publishers are outsourcing fewer projects,” she says, “and authors are paying much less for free-lance editors.” Such changes have slashed her income. Instead of working harder for less and …View full post
Recently, I received an email from a British couple. They had invested in a Zurich International Vista plan. These are extraordinarily profitable for a salesperson to flog. As such, they have spread like pandemics among global expatriates. British investors tend to be the most likely victims. The couple that emailed me is locked in …View full post
Last week, my friend Simon emailed me in a panic. “I just read that stocks are going to crash,” he wrote. “Should I trade my stocks for bonds or cash?” He linked to a November 6, 2014 article in MoneyNews,Warning: Stocks Will Collapse By 50 Percent. Even the hearts of stoic investors skip a few …View full post
YOU’RE settling into a task at work. The phone suddenly rings. On the other end, is a smooth talking gentleman, offering you an investment opportunity in an offshore pension. Think twice before agreeing to a free consultation. Malaysians and expats are easy pickings for offshore pension sellers. And it’s easy to see why. The sales …View full post
Permanent link to this article: http://andrewhallam.com/2013/04/international-teachers-are-you-investing-enough-money/
Nov 05 2012
Permanent link to this article: http://andrewhallam.com/2012/11/calling-fee-based-financial-advisors/
Mar 25 2015
Vanguard founder, John Bogle, is investing’s Pied Piper.
He first blew his pipe in 1976. Things started slowly. But eventually, legions followed him into index funds.
Actively managed funds, he says, are mostly a waste of money. They earn lower returns because their fees are higher.
But Bogle owns at least one actively managed fund—and it has thrashed the market.
It’s called the Vanguard Windsor fund. If $10,000 were invested in it from August 1976 until March 3, 2015, it would have grown to $967,947 versus $581,814 for Vanguard’s S&P 500 index.
Few people think of Vanguard as an actively managed mutual fund company. But it has more active funds than index funds.
Permanent link to this article: http://andrewhallam.com/2015/03/do-vanguards-indexes-beat-their-own-actively-managed-funds/
Mar 17 2015
Last year, elementary school counselor Nathan Schelble bought a $280,000 home in East Aurora, New York.
He paid cash. It took him just three years to save the money.
No, he wasn’t running a drug business like the teacher in Breaking Bad.
Instead, he and his wife, Stacie , had worked for 6 years at Singapore American School (SAS). Their nine-year old daughter attended for free.
It’s one of a few dozen international schools where teachers might be able to save as much as the average doctor or lawyer.
Image courtesy of Pixabay
Permanent link to this article: http://andrewhallam.com/2015/03/teachers-can-save-a-small-fortune-at-these-schools-abroad/
Mar 10 2015
There are two common ways to retire a full decade before Mr. and Mrs. Jones.
The first isn’t rocket science. Avoid consumer debt and invest early. If you invested $375 per month from age 20 to 55, you would have more than a million dollars if you averaged 9 percent.
But few have the foresight (or the resources) to invest from such a young age. Most people start later. Life can also jam a pump in their spokes. A job loss, divorce, or higher than expected educational costs can send them to the pavement.
It is possible, however, to retire with a lot less than you might think.
Image courtesy of Pixabay
Permanent link to this article: http://andrewhallam.com/2015/03/how-to-retire-ten-years-ahead-of-schedule/
Permanent link to this article: http://andrewhallam.com/2015/03/dont-follow-the-crowd-into-the-wrong-index-funds/
Feb 24 2015
Everybody knows that China is the world’s fastest growing economy.
What you might not know, is that investing in its stock market could be a sucker’s game.
Permanent link to this article: http://andrewhallam.com/2015/02/why-the-worlds-fastest-growing-economy-could-be-the-worlds-worst-investment/
Feb 18 2015
“You wouldn’t believe what happened at work today,” said my friend, Keith Ferrell.
He helps teachers and students integrate technology into elementary school classrooms. As we talked over dinner, he shared a crazy (but all too common) story. A nine-year old girl at his school had spent $3,711 on a variety of online games. She racked up the bill in just three weeks—right under her parents’ noses.
Your child couldn’t do that? That’s what her parents thought. The fourth grader downloaded free apps through iTunes. Dragon Mania Legends was one of her favorites. Her parents’ credit card was linked to her iPad. At some point, her parents must have used her iPad to make an online purchase.
After that, the little girl bought whatever game upgrades she wanted.
Image courtesy of Pixabay.com
You can read the rest of the article at AssetBuilder.com
Permanent link to this article: http://andrewhallam.com/2015/02/nine-year-old-spends-thousands-without-her-parents-knowing/
Feb 14 2015
Can Your Investments Earn Strong Returns With Almost No Risk?
I answer “yes” to that question.
Listen to the Podcast at MoneyTreePodcast.com
Permanent link to this article: http://andrewhallam.com/2015/02/can-your-investments-earn-strong-returns-with-almost-no-risk/
Permanent link to this article: http://andrewhallam.com/2015/02/too-many-investment-choices-limit-our-wealth/