Salient to Investors: From March 2011 to March 2012, over 1 million people in the US filed for bankruptcy. The underlying problem is the inability to stop spending and start planning for retirement. payday loan direct deposit Many athletes go pro right out of high school or college so have no
READ MORE... →Salient to Investors: Jon Stein at Betterment writes: Everybody should watch the PBS Frontline report, The Retirement Gamble. Educate yourself Choose low cost investments… every time. Morningstar found that low-cost funds outperformed high-cost funds in every single time period and data point tested. A 2 percent difference in fees can
READ MORE... →Salient to Investors: For the first time since 2009, US bond yields are rising at the same time inflation is slowing, and Treasuries are offering the highest real yields in more than 2 years. Andrew Wickham at Insight Investment Mgmt said inflation is not a big threat while it is
READ MORE... →Salient to Investors: Cerulli Associates says: The total head count of advisors fell 4,000 in 2011, and will fall to 297,515 by the end of 2016, from 316,109 at the end of 2011. Independent broker-dealers and the wirehouses will see the biggest decline – 18,000 by the end of 2016. The aging
READ MORE... →Salient to Investors: Mark Hulbert writes: The small number of advisers who outperform the market rarely keep doing so, so choosing a recent market beater does not increase your odds of future success. Of the 51 advisers out of more than 200 tracked who beat the Wilshire 5000 Total Market
READ MORE... →Salient to Investors: Doug Short at Advisor Perspectives writes: The two 20th century recessions and major market sell-offs devastated the retirement readiness of a many people nearing retirement age. The Labor Force Participation Rate (LFPR) for age 25-64 cohorts peaked for men in May 1954 at 95.9%, for women in
READ MORE... →Salient to Investors: Matt Schreiber at WBI Investments says limiting losses is critical to keeping with your investment plan. Morningstar says 40 of the 2,600 non-sector stock mutual funds it tracks have lost money in the 12 months through April 2013. Zheng Sun and Lu Zheng at University of California,
READ MORE... →Salient to Investors: Bill Gross at Pimco raised Treasuries holdings to 39 percent in April, the highest level since July 2010, and warned that investors face potential losses from global central banks’ unprecedented monetary stimulus. Gross said Treasuries are a better alternative than cash, and negative real interest rates, inflation, currency
READ MORE... →Salient to Investors: The 4-week average of applications for unemployment insurance over the past month fell to the lowest level since November 2007, showing employers have enough confidence to hold onto workers. Consumer sentiment last week held around the highest level in 5 years. Guy Berger at RBS Securities said there is only
READ MORE... →Salient to Investors: Wang Weijun at Zheshang Securities said the producer-price index is indicating the economic recovery is weaker than expected as demand for industrial products looks sluggish – the market needs to digest profit taking after the recent rebound. The Shanghai Composite is at 9.6 times estimated earnings for 2013
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