Monthly Archive: November 2012

I Really Love It When Stock Markets Fall 19

I Really Love It When Stock Markets Fall

I was thrilled by how the stock market performed during the first three weeks of November. It moved down — not up.  It was a fabulous three weeks. That’s right: Unless you’re retired, or close to it, falling markets should...

School Stock Market Games Are A Bad Idea 0

School Stock Market Games Are A Bad Idea

Many well meaning teachers think they can teach their kids lifelong  learning skills by introducing them to the stock market game.   I commend the effort.  But it is completely wrong-headed.  Sadly, these teachers are doing more damage than good....

Investment Commissions Soon To Be Banned In The United Kingdom 2

Investment Commissions Soon To Be Banned In The United Kingdom

Many people are still paying commissions to purchase investment products.   High commissions entice many investment advisors to jump into bed with the fund company offering the hottest (commission) action. Is that cool?  Nope.  And some countries are banning the...

How I Made My First Million – Part 1 18

How I Made My First Million – Part 1

I was interviewed for a short two-part television series titled How I Made My First Million.  If you’re curious about the show, you can view part 1 below and see part 2 here. As a guy with no tech related...

How I Made My First Million – Part 2 4

How I Made My First Million – Part 2

I was interviewed for a short two-part television series titled How I Made My First Million. If you’re curious about the show, you can access part 2 below,  but make sure you’ve first watched part 1 here.  (And thanks again...

Odd Advisors Are Best 5

Odd Advisors Are Best

Most people wouldn’t want a loon managing their money.  But perhaps they should reconsider.  Low cost fee-based advisors—especially those building indexed portfolios—aren’t exactly normal. To determine how strange they truly are, let’s examine what’s typical.  When I first met my...

Rebalancing Act:  Going Against The Flow 18

Rebalancing Act: Going Against The Flow

Living in Southeast Asia gives me the chance to attend the Cambodian water festival. Locals and tourists pack the streets of the capital city Phnom Penh, laughing as they splatter each other with water to welcome in the new year...

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Calling Fee-Based Financial Advisors

I want to profile (and encourage business for) financial advisors acting as true fiduciaries to their clients. It’s extremely profitable for advisors to sell variable annuity products or actively managed mutual funds with sales commissions or deferred sales loads. But...

Barclays 1-3 Year Treasury Bond (NYSEArca) (2NOV12) 41

Why Bond Prices Don’t Concern Me

One of my readers asked me a question that I feel warrants a proper response here.  He asked me whether I’m afraid of a bond market crash, and the reader wondered whether bond markets can plunge like stock markets. The...