



When markets are volatile, sticking to a long-term investing strategy can be a challenge. Though past performance is no guarantee of future results, it might help you keep the ups and downs in perspective to see how recent market action compares to previous market cycles.
Many retirement plan and IRA limits are indexed for inflation each year. Make sure you know the limits for 2012. Retirement Plan and IRA Limits for 2012
As a financial advisor for over a quarter of a century I can truly say that financial markets never cease to amaze. For the past several months the US Treasury has been issuing Treasury Inflation Protected Securities (TIPS) with negative yields. To quote a recent Wall Street Journal article: “We all know interest rates are low, but this is ridiculous.” Since last October, investors have been bidding up prices of newly issued TIPS to a level never before seen suggesting that investors are so terrified… Read more
Jim Parker Dimensional Funds Advisor Vice President Standard & Poor’s recent credit rating downgrade of nine Eurozone nations may have been treated as a big deal by the media, but for financial markets, the “news” was already in the price. In fact, the market reaction to S&P’s lowering of the sovereign debt ratings of France, Austria, Malta, Slovakia, Slovenia, Italy, Spain, Portugal, and Cyprus has provided another timely reminder of how markets work.
You don’t want to pay more in taxes than you have to. That means taking advantage of every deduction and credit that you’re entitled to, and recognizing potential opportunities to save. It also means staying on top of deadlines, and avoiding mistakes that could prove costly down the road. So, here are some things to keep in mind this filing season.
New Year’s resolutions often involve making promises to ourselves we can never keep. But instead of tilting at windmills, we can often generate better results by merely resolving to be less dumb in certain areas. And money is a good place to start.
Each new year brings the chance for a fresh start, and the opportunity to improve your financial picture. As you make financial resolutions for 2012, looking back at what happened last year can help you make some positive changes this year. Automate your retirement savings In 2011: The economic slowdown took its toll on retirement savings. In 2012: While the economy–and its impact on financial markets–may be out of your hands, you can still look for ways to increase your retirement savings. First, determine whether… Read more
In the opening line of his classic work “A Tale of Two Cities” Charles Dickens makes the declaration that “It was the best of times, it was the worst of times…” but few recall the lines that follow that seem eerily relevant today: “ it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of… Read more
“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.”
- Charles Dickens
“Every day you may make progress. Every step may be fruitful. Yet there will stretch out before you an ever-lengthening, ever-ascending, ever-improving path. You know you will never get to the end of the journey. But this, so far from discouraging, only adds to the joy and glory of the climb.”
- Sir Winston Churchill