David John Marotta and Megan Russell co-author a syndicated financial column featured in several newspapers across the country.
It is good to take the two categories which are most similar and use them as underlying sector divisions within the same larger asset class.
The value of not running out of money when making withdrawals cannot be measured.
Portfolio design and rebalancing is both a science and an art. Knowing that rebalancing boosts returns is useless unless you as the investor follow through.
Rebalancing can both boost returns and lower volatility, but most investors do not understanding how.
The cost of commission-based advisors are so hidden that you may be paying more than you realize.
A computer algorithm cannot help you with these things.
See our review of the two pros and nine cons of how Schwab monitors and rebalances portfolios.
It is a great marketing campaign, and the service is a wonderful idea, but the asset allocations of SIPs aren’t actually that intelligent.
You cannot help a company by buying its stock.
From the blind eye of the law, this seems like a violation of SEC regulation.
“They find whatever is different and peck it to death.”
The domestic spying of the executive branch deserves our outrage. Efforts like “Citizenfour” that keep the issue in the public eye deserve our support.
The new holiday cliché is to complain about hyper-materialism, but gifts and gift giving help shape our identities.
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.
The loudest tend to drown out competitors regardless of whose reasoning is better.
It is often said that the only two certainties in life are death and taxes. The IRS takes that truism to heart.
It is a simple thought experiment. Would you rather invest in South Korea or in North Korea?
Regardless of income level, overspending causes poverty.
Here is one of the most brilliant breakthroughs in all of food science and how it relates to almost every aspect of life.
A mob boss exercises absolute control over his many followers and profits from the often criminal activities of his organization.
It is illegal to sell contacts in the United States without requiring a prescription. A Federal Trade Commission regulation provides penalties of up to $11,000 per violation.
These noble-sounding goals intuitively appear useful, but the federal government has only two ways to encourage change and neither of them helps in this case.
Unfortunately, Obama’s good intentions are thwarted by the economic principle formulated by banker Charles Goodhart.
The average factory-farmed frozen turkey from a grocery story is sold for as little as $0.67 per pound. Economics can offer five explanations.
Unless McConnell is willing to risk a government shutdown, he will ultimately have to acquiesce to Obama’s wishes.
Last year plans were being cancelled. This year, citizens are receiving notifications of rate hikes in the double digits. Is this really happening?
The lottery is based on the most powerful way to motivate people and change their behavior: a variable reward in response to a specific behavior.
The classic conversational pastime of answering the question, “What would you do if you won the lottery?” could help you or it could hurt.
Government-run lotteries have a sordid and monopolistic past. Should we enforce a separation of sin and state?
The Whiskey Rebellion established the sovereignty of “we the people” to tax and oppress any selected group.
Exchange funds, also know as swap funds, can provide investors with one highly appreciated security a way to trade it for an equivalently valued but more diversified portfolio.
There are five ways that both you and the government could make charitable giving more significant.
We must return, as much as possible, to a fee-for-service approach to health care and restore the traditional doctor-patient relationship.
We can only afford to allow others the freedom to strive against death when we are not trying collectively to subsidize it.
“Shouldn’t patients and their families have some skin in the game as a brake on the profligate spending of other people’s money for health care?”
Next time you receive an unintelligible medical bill, remember how hard it is for your doctor to get paid.
Asians in New Jersey have the best life expectancy of any racial or ethnic group.
Now there is absolutely no charge for a costly set of test and procedures on the all-you-can-spend preventive care buffet.
After the birth of my (David’s) first child, my wife and I noticed we were being billed for a very expensive bedpan and box of tissues that we had never used.
Why shouldn’t we just institute price controls in America?
These quotes are provocative for what they say about us as Americans.
“When institutions protect the liberty of individuals, greater prosperity results for all.” – Adam Smith
If you are not paying for the product, you are the product.
Government has never been known for customer service. But today it is known primarily for being against the very people it is supposed to serve.
Beware of government regulation, especially when a portion of the industry thinks it’ll be good for business.
We are all embarrassingly honest with search engines.
Those who stand by and do nothing are complicit in aiding the loss of freedoms for others.
The capital gains tax traps wealth in an investment vehicle requiring special techniques to free the capital without penalty.
Now you may pay one of at least four different capital gains rates. The strategies to deal with capital gains differ for each level.
Learn how a family of four can qualify for a full subsidy with an income of $140,000 a year.