Blog Archive

John Oliver explains why retirement plans fail investors

John Oliver, A Comedian, Might Just Save Your Retirement

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You might not know John Oliver. He’s British, first of all, and his comedy program “Last Week Tonight” airs on late-night cable. The segments on the show are long (22 minutes long!), very wonky and tend to tackle subjects most of us actively avoid — international affairs, payday lending, the downside of the U.S. energy boom, infrastructure spending.… Continue reading

 
Vanguard Founder John Bogle on investing and retirement

For Bogle Wall Street Is The Problem, Not Stocks

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John Bogle, founder of passive investing giant Vanguard, believes that the animating force behind the stock market is to make money — just not for investors. In a recent interview and a separate letter to the editor, Bogle makes the case that virtually all stock trading benefits the handlers of that money and not retirement savers.… Continue reading

 
Jim Cramer offers a strategy for building a retirement nest egg

Jim Cramer’s Wealth Strategy: Almost Right

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Jim Cramer, the CNBC host known for his stock-trading “shock jock” TV personality, has some advice for young savers on how to grow wealthy. Thing is, his advice holds true for older savers and investors retirement, too. Here are three major takeaways from a recent segment: First, you need time. A lot of time. Investments double… Continue reading

 
Your 401(k) costs you far too much money

It’s Your Money, Take It With You, Dammit!

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One thing not to forget when you leave a job: your 401(k)! Scott Puritz spoke to Rodney Brooks at The Washington Post about the best practice of taking your retirement savings with you when you switch jobs. Continue reading

 
John Bogle meets Rebalance Managing Director Scott Puritz

Meeting Index Fund Creator John Bogle

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This week, I had the distinct pleasure of participating in the Institute for the Fiduciary Standard’s “Campaign for Investors” launch. As a staunch supporter of retirement industry reform and fee transparency, I was invited to speak on panel at the event where I met with like-minded financial thought leaders, who supported the Labor Department’s new measures to make retirement… Continue reading

 
John Bogle meets Rebalance Managing Director Scott Puritz

John Bogle: Extend ‘Clients First’ Fiduciary Rule To All Investors

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John Bogle, the longtime champion of low-cost investing and founder of the Vanguard Group, is not one to rest on his laurels. You would think that the recent Department of Labor “clients first” fiduciary standard ruling — earned after decades of fighting an investment industry focused on profits over people — would qualify as a big win. Don’t get me wrong, it… Continue reading

 
Smart beta stock funds are not better than index funds

Smart Beta Or Just Smart Marketing?

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Recently, I spoke to Silvia Ascarelli at the Wall Street Journal about my understandable skepticism to the new trend of mutual funds coined “smart beta.” Continue reading

 
John Bogle of Vanguard warns investors on stock broker fees

John Bogle: How To Lose 66% Of Your Retirement Return

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The “tyranny of compounding costs” is hardly a headline anyone wants to read. Yet people truly need to understand what Vanguard Founder John Bogle means when he says that cost is the major driver in how long-term retirement investing turns out. Most people assume that picking the investments matters. And in a sense it does.… Continue reading

 
Stock broker costs are the single biggest risk to your retirement

The Single Biggest Risk To Your Retirement

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If you’re like most investors, you likely believe that stockbrokers with checkered pasts get drummed out of the industry. Certainly, out-of-work stockbrokers would like you to believe that. But the data tells a different story: Of brokers fired for misconduct, 44% are back at work within a year. That’s the conclusion of researchers at the… Continue reading