March 30, 2015

Schwab Intelligent Portfolios: Incomplete Rebalancing Algorithm

Schwab Intelligent Portfolios

See our review of the two pros and nine cons of how Schwab monitors and rebalances portfolios.

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Radio: Twelve Tax Planning Agenda Items To Do Before April 15

birds in snowstorm

It is better to do tax planning all throughout the year, but here are 12 things to do (or plan to do in the coming year) before April 15.

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Investing Lessons from the Birth and Death of the Virginia Company

Investing Lessons from the Birth and Death of the Virginia Company

Investing in America began with the bankruptcy of the hottest stock in England.

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Tax by Fiat: Legacy of James Wilson

Tax by Fiat: Legacy of James Wilson

The arguments for greater government power have always been the same.

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Schwab Intelligent Portfolios: Built on a Faulty Premise

Schwab Intelligent Portfolios: Built on a Faulty Premise

It is a great marketing campaign, and the service is a wonderful idea, but the asset allocations of SIPs aren’t actually that intelligent.

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Preparing Your “Digital Estate” – Hardware and Digital Property

Preparing Your "Digital Estate:" Hardware and Digital Property

You probably have dozens of online accounts and possibly hundreds of dollars of digital property. What happens to it when you die?

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Vanguard Sends A Letter To Directors, Will A Stick Follow?

Vanguard Sends A Letter To Directors, Will A Stick Follow?

A board of directors is supposed to be accountable to the shareholders but sometimes they need a reminder.

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Are Socially Responsible Investing (SRI) Funds Better Investments?

Are Socially Responsible Investing Funds Better Investments?

“What do you think of the idea of Socially Responsible Investing (SRI) implemented simply by investing in something like the Domini Social Equity Fund (DSEFX)?”

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Stock Ownership Is a Bad Strategy for Social Change

Stock Ownership Is a Bad Strategy for Social Change

You cannot help a company by buying its stock.

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Jack Bogle: The Value Of An Advisor Who Sticks To A Long Term Plan

Jack Bogle: The Value Of An Advisor Who Sticks To A Long Term Plan

“Advisers need to sell their value as keeping their clients from doing the wrong thing at the wrong time.”

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Warren Buffett Extends His Lead in Hedge Fund Wager

Warren Buffett Extends His Lead in Hedge Fund Wager

With three years remaining on a ten year $1 million bet, Buffett is sitting pretty to win it.

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Sordid History of the Income Tax: from 3% to 39.6%

Sordid History of the Income Tax: from 3% to 39.6%

The only time the original terms of the Constitution have been explicitly rejected and changed was to give the government the right to tax people unequally.

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Did Obama Violate an SEC Regulation?

Did Obama Violate an SEC Regulation?

From the blind eye of the law, this seems like a violation of SEC regulation.

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Garrett Planning Network SEC Anti-Testimonial Violation

Garrett Planning Network

We expect the Garrett Planning Network to quickly take down these SEC violations from their website in response.

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Sheryl Garrett Should Have Distanced Herself From Obama Like The AARP

Sheryl Garrett Should Have Distanced Herself From Obama Like The AARP

It isn’t too late to print a retraction.

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There Are No Such Things As “Fiduciary Rules”

There Are No Such Things As "Fiduciary Rules"

The principles of a fiduciary cannot be condensed into a set of rules.

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Jack Bogle: Investing Outside The United States

Jack Bogle: Investing Outside The United States

“We still have plenty of problems, but we’re much better than France, Britain and Germany.”

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Are CEOs Talented or Just Lucky?

Are CEOs Talented or Just Lucky?

The legal defense of Harold Hamm hinged on the belief that his wealth was the result of happenstance.

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Rethinking Government Spending

Rethinking Government Spending

In 2013, Nancy Pelosi said “there’s no cuts to make,” but that’s ridiculous.

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What Does It Mean To Be A Fee-Only Fiduciary?

What Does It Mean To Be A Fee-Only Fiduciary?

Most investors are not aware of an important separation in the professionals of the financial services industry.

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Twitter’s Reign of Terror

Twitter's Reign of Terror

“They find whatever is different and peck it to death.”

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Preparing Your “Digital Estate” – Social Media Edition

Preparing Your Digital Estate

What happens to my Facebook, Twitter, Wordpress, and other online accounts when I die? Could I decide?

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Mailbag: Is There An Advantage For Me To Do A Roth Conversion?

Is There An Advantage For Me To Do A Roth Conversion?

My wife and I are 65 years old and I am newly retired. Is there any advantage in doing a Roth conversion this year?

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Social Security for 70′s Child

Social Security for 70's Child

“I’m 58 and I’ve been married and divorced twice. …I realize this is complicated, but you gotta love the 70′s!”

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How Much Does the Government Cost?

How Much Does the Government Cost?

Is it fair for the government to confiscate a full quarter of the average person’s earnings every year? Where does it all go?

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Oil Price Predictions Are Essentially Meaningless

Oil Price Predictions Are Essentially Meaningless

“The most important thing I learned from my research was never to attempt to forecast the price of oil.”

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“Citizenfour” Reminds Us We Should Still Be Outraged

"Citizenfour" Reminds Us We Should Still Be Outraged

The domestic spying of the executive branch deserves our outrage. Efforts like “Citizenfour” that keep the issue in the public eye deserve our support.

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Get Your Estate in Order, Pt. 3: Choose an Executor

Abandoned Plane

Who do I choose to be the executor of my estate? What will their basic duties be?

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What Happened To The Australian Dollar?

What Happened To The Australian Dollar?

At first glance, AUNZ did not have great returns in 2014. But is that the whole story?

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Taxed Enough Already?

Taxed Enough Already?

An unlimited power to tax necessarily involves a power to destroy.

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Mailbag: Confused by Google And Yahoo Finance

Mailbag: Confused by Google And Yahoo Finance

Q&A: “I don’t understand how to explain what happened to the share price. What was going on in the fund?”

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Three Reasons To Engage In Gift Giving

Gift Giving

The new holiday cliché is to complain about hyper-materialism, but gifts and gift giving help shape our identities.

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Get Your Estate In Order, Pt. 2: Physical Assets

Man in Ocean

Today’s question: What do I want to happen to my physical belongings and assets after my death?

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Dr. Seuss to Zombie Directors – Will You Please Go Now!

Dr. Suess to Zombie Directors

In theory, the directors of a corporation are hired to provide independent oversight and protect shareholder interests. In practice, they’ve developed a reputation as country club chums with the executive managers.

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Who Really Pays the Income Tax?

Who Really Pays the Income Tax?

Income taxes are the largest portion of the federal government’s annual tax haul. But who foots the bill?

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Index of 2015 and 2014 Tax Tables

Tax Tables

Want the full list of tax tables? Here they are in one place for easy browsing.

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The President’s Impact

The President's Impact

Obama evidently believes that politicians are elected to make a difference in the lives of Americans. The problem is that no one can opt out of a federal impact.

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What Is The Alternative To An Annuity?

Question hole

An immediate fixed annuity is not an investment; it is an insurance product.

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Grandparents: Is Your Helping Hurting Financial Aid?

Grandparents: Is Your Helping Hurting Financial Aid?

With careful planning, grandparents can ensure their gifts are not impeding a grandchild’s ability to access financial aid.

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How Much Government: The Math

How Much Government: The Math

See the math behind the dangers of having such a large number of people employed by government.

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Get Your Estate Plan In Order – Even if You’re Only 26

Woman near campfire

Today’s question: What if something happens to me and I am not able to make decisions for myself?

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Wealth Redistribution and the Most Social President

The Most Social President

The loudest tend to drown out competitors regardless of whose reasoning is better.

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Video: My Experience with The Drudge Report

My Dad & The Drudge Report

A short documentary film showing how the media thrives on misleading headlines.

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Other People’s Property

Corporate Governance

Investors have every right to question whether a fund company can cast an impartial vote.

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How Much Government Do We Really Have?

How Much Government Do We Really Have?

Our governments employ 17.44 million people, 14.90% of the full-time working-age US population. This is larger than the 14 least-populous states put together.

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Radio: What Did Well in 2014 and What Might Happen in 2015

Old Radio

David John Marotta and radio host Rob Schilling discuss what did well in the market as well as the online security of investments.

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One Hidden Way the IRS Hurts the Bereaved

One Hidden Way the IRS Hurts the Bereaved

It is often said that the only two certainties in life are death and taxes. The IRS takes that truism to heart.

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Federal Program Inventories vs OMB: $622 Billion Missing

The Missing $622 Billion

With trillions of dollars to spend, you’d think the least the government could do is maintain consistent records.

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What Causes Jack Bogle to Shake His Head

This is What Causes Jack Bogle to Shake His Head

When this poor planning affects the investments in our 401(k) plans and the communities that we live in, we pay more and we get less.

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2015 Tax Facts

2015 Tax Tables

The tax tables have arrived! Here are some highlights to keep in mind for the 2015 tax year.

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