On Wednesday, we lost John “Jack” Bogle, the founder of the Vanguard mutual fund empire and the inventor of the modern index fund. He was 89. I doubt if there is a stock market in heaven. Something that evil and capable of producing human suffering really belongs in hell. But if there is a stock exchange...Read More
Before I get started, it’s time for my customary beginning-of-the-year nag. By the time you read this, you will have likely received your first paycheck of 2019. Take a minute to see how much of it you’ve diverted into your 401k plan. Are you on track to contribute the $19,000 for the year? (Or $25,000 if...Read More
My poor groin… As I wrote a few months ago, I managed to pull my right groin muscle playing soccer with some of the hypercompetitive South American fathers from my son’s team. Well, with a little rest, it healed. Or so I thought. But while skiing with the family in Breckinridge, I took a turn too...Read More
The following is an excerpt from What to Do Now If You’re Losing Sleep Over the Stock Market, originally published by Kiplinger’s. As discussed ad nauseam in the financial press and in mutual fund literature, stocks “always” rise over the long-term. This may very well continue to be true. But you also should remember that you...Read More
