- Coming Out – As a Bear!
New concerns about traditional asset-allocations
by Axel Merk Increasingly concerned about the markets, I’ve taken more aggressive action than in 2007, the last time I soured on the equity markets. Let me explain why and what I’m doing to try to profit from what may lie ahead. read more
- Stocks End Week Up; Post Gains for July
Amid volatility, from soft-data to a threatening Grexit, markets chugged along Stocks snapped their losing streak and regained steam last week despite some soft data, posting weekly and monthly gains. For the week, the S&P 500 gained 1.16%, the Dow rose 0.69%, and the NASDAQ grew 0.78%. read more
- MEDICARE at 50: Is It Sustainable for 50 More Years?
Balancing benefits and costs imposes daunting challenges
New research from The American Academy of Actuaries Medicare turns 50 this year. Prior to its enactment in 1965 as part of President Lyndon Johnson’s Great Society initiative, many elderly Americans had inadequate health insurance coverage or no coverage at all. read more
- Are We Forgetting Something Essential When Planning Retirement?
Many Don’t Realize It Until They Stop WorkingMost people have some kind of lifestyle vision for retirement. Unfortunately, without proper planning their dreams won’t always become a reality as they enter the encore time of their lives, says Michael Bivona, a certified public accountant who retired almost 20 years ago. read more
- Study Debunks ‘Buy Term & Invest The Difference’
Economic Models Show Wall Street Rallying Cry is FlawedA new academic study authored by scholars from the University of Pennsylvania’s Wharton School and Carnegie Mellon University’s Tepper School of Business identifies failings with a strategy many financial advisers suggest: buy term life insurance rather than whole life, and invest the premium savings on your own. read more
- Ladies: How Money Wise Are You?
Debunking Myths About Women And FinancesIt’s a perplexing situation. Women control half of the wealth in the United States, yet studies have shown that many of them are convinced they are lacking when it comes to understanding finances. read more
- FINRA Fines Aegis Capital Corp. $950,000
For Sales of Unregistered Penny Stocks and AML Violations; The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Aegis Capital Corp. $950,000 for improperly selling unregistered penny stocks and for related supervisory failures, and for failing to implement anti-money laundering (AML) policies and procedures. read more
Two Chief Compliance Officers Fined and Suspended
- Serving America’s Young Wealthy Requires an Industry Shift
Comparing America's Young Emerging Wealthy With Global Peers and Older CounterpartsAs wealth management firms focus broadly on addressing the needs of the next generation, a new report explores the differences between America's youngest millionaires, their older counterparts, and their global peers. read more
- Where Have all The Advisors Gone?
Workers Highly Value Their 401(k) but Are More Likely to Get Help Changing Their Oil Than Managing Their Investments
Today, responsibility for managing their own retirement investments rests squarely on workers’ shoulders A new survey finds there is widespread recognition of the 401(k)’s importance, but many workers are not taking full advantage of its benefits. read more
- Can We Make Retirement Planning Easier?
Survey: Workers Seek More Help Changing Oil Than Planning Retirement
A good advisor can help employees improve the performance of their 401(k)s. Why aren't they seeking that advice? For most employees, addressing retirement issues is a costly, abstract and deeply psychological matter, which is apparent from a survey by Schwab Retirement Plan Services. read more
- National Health Expenditure Projections 2014-2024
Spending growth faster than recent trends
The following is an abstract of the annual estimation of health care costs for the coming decade,written by the actuaries from the Centers for Medicare and Medicaid Services and presented by Health Affairs. Reprinted with permission. Health spending growth in the United States is projected to average 5.8 percent for 2014–24, reflecting the Affordable Care Act’s coverage expansions, faster economic growth, and population aging. Recent historically low growth rates in the use of medical goods and services, as well as medical prices, are expected to gradually increase. read more
- Investors Want to “Like” Their Advisors on Facebook
How Social-Connectivity is trickling upAffluent investors expect their financial providers and advisors to be accessible via mobile technologies, and actively engaged on social media including Facebook, LinkedIn and YouTube, according to a new study by Spectrem Group. read more
- How Hidden Investment Fees Can Upend Client Retirement Goals
Investors Need To Understand The RamificationsSaving enough money for retirement can be a tricky proposition even under the best circumstances. But when some of those dollars are being siphoned away by hidden – and perhaps unnecessary – fees, then the path to a secure retirement becomes even more difficult to navigate. read more
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