Let’s talk about how rich people think about money, beginning with this famous quote: “Let me tell you about the very rich. They are different from you and me.” So … Read more →

Widows-and-orphans stocks. That’s what the brokers used to call the dividend strategy. During the go-go 1980s and later the tech boom, any stock offering a dividend was suspect, according to … Read more →

We’ve heard all about the alleged Treasury bubble building up. I’m not here to predict that it will burst, or even to say that it exists. (Being passive investors, we … Read more →

There’s a lot of serious data behind the performance of the Vanguard funds, but it can be boiled down to three magic words. Bear with me, we’ll get there quickly, … Read more →

How broke is your state? You could rely on budget reports. But a lot depends on each state’s ability to tax its residents, which is a question of the economy. … Read more →

Where are the safest investments now? Just a few years ago, you probably would have said “money market funds, of course.” Yet financial historians soon will reflect back on the … Read more →

Is your home an investment? Is anyone’s home a good, long-term asset? For a long time, the answer was yes. And real estate is still a good deal for investors, … Read more →

Think what you like about Wall Street (and its sometimes-obscure motivations), you’d be very lucky to buttonhole one of its brightest minds even for a few moments and ask the … Read more →

Finally – July 2012 has arrived!  Employees all over America will get the sobering news that there really are fees being siphoned out of their 401(k) accounts and the amounts, … Read more →

Few investors truly understand what it means to have a diversified portfolio. Most believe that owning 20-50 stocks, or a few mutual funds, means that they are diversified. But they … Read more →