Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Bob's Blog on Retirement & Beyond

Update on China’s Stocks

November 28, 2017

China has a lot of economic imbalances to work high and high debt levels to reduce. So far in 2017 it seems to have handled its transition to different policies well. But stocks recently declined, and there’s some worry that they might be starting a downward spiral similar to the one they had in late […]

The Suburbs are Back

November 28, 2017

After the financial crisis many analysts thought they had detected a new migration pattern. They reported that people, especially young adults were leaving the suburbs for the cities. There were many reports that suburbs were dying and that the next generation of two of adults would live, work, and raise their families in downtown areas. […]

Constructing Market Indexes

November 28, 2017

Many people believe that stock indexes are “the market.” They believe that the indexes are passive and aren’t put together with human judgment and influence. But the indexes are the result of decisions of small, little-known groups of people, and their decisions have powerful effects on other people. This article explains some of the details, […]

Who Invests in Stocks?

November 28, 2017

It’s generally accepted that people aren’t equally invested in the stock markets. It’s usually accepted that higher income individuals have a higher percentage of their net worth in stocks than lower income individuals. Did you know that stock market participation also varies by state? The Federal Reserve Bank of St. Louis published a paper showing […]

Another Reason to Read Skeptically

November 27, 2017

I’ve covered the high rate of poor quality research that is published in professional journals, including peer-reviewed journals. Relying on these sources is bad enough. What’s even worse is relying on general media interpretations of the articles. This post shows just how unreliable a lot of research can be. It shows how a nonexistent paper […]

Happy Thanksgiving

November 22, 2017

I’m taking a long weekend for the holiday and don’t plan to post anything. I’ll be back on Monday. In the meantime, here is a key portion of Abraham Lincoln’s Thanksgiving Day Proclamation: No human counsel hath devised nor hath any mortal hand worked out these great things. They are the gracious gifts of the […]

The Future Cities

November 21, 2017

Both Google and Bill Gates have purchased large parcels of land on which they plan to build cities of their own design. Instead of trying to influence improvements in existing cities, they’re starting from scratch using their ideas of what a future city should be like. This post has links to details about each of […]

The Steadman Funds Remembered

November 21, 2017

For a long time there was a group of mutual funds based on Washington, D.C. that had perhaps the worst investment performance ever. Yet, the Steadman funds remained in business for a long time and were able to charge very high fees despite their poor performance. The funds were so bad Morningstar even issued a […]

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