Enhance Today | Enrich Tomorrow
There are many different strategies when it comes to retirement income. Proponents of a “bucket approach” recommend dividing your retirement investments into two buckets-one to cover short term cash flow needs and one to be invested in a diversified portfolio…
Just get back from vacation? Planning a vacation soon? Know how you’re doing with your 2012 budget? I bet your last response is “No.” Now is most likely not the time you are thinking about your expenses or motivated to…
On Saturday, May 19th, the team at Financial Symmetry hosted their Second Annual Client Appreciation Night. Over 100 of our clients and their families enjoyed a night of good food, conversation and baseball as the Durham Bulls took on the…
The austerity debate lingers on across Europe. As the pain increases the debates become louder. The austerian position that most of Europe has implemented sounds like a reasonable idea in theory, but is extremely tough or impossible to implement successfully…
That famous line from Yogi Berra “it’s déjà vu all over again” applies this week after House Speaker, John Boehner vowed to block any debt ceiling increase unless it were offset by spending cuts. Democrats argue that increasing tax revenues have…
Behavioral Finance defines several investor biases that tend to inhibit financial success. The recent news of JP Morgan’s $2 billion loss demonstrates the danger that an overconfidence bias can be to your portfolio. Overconfidence bias is fairly self explanatory, but…
Two wildcards continue to cause us to be somewhat cautious- Europe and US politics. In Europe, it appears more and more likely that the European Union’s austerity drive is continuing to depress the weaker nations and thus actually make their…
There has been a lot of talk in the news lately about the troubles the United States Postal Service (USPS) is facing. While our postal system has followed a national standard for more than 100 years, delivering our mail “whether…
One of the biggest financial questions that many of our clients face is the funding of their children’s college education. Adding stress to an already frightening prospect is the rapid rate at which college costs are increasing. Families also face…
A few years ago I wrote about the rise of target date funds in retirement plans. At the time, the Senate Special Committee on Aging was proposing legislation that would require target date fund managers to take on fiduciary responsibility. …
