It is a late-April morning and you are standing at the rim of the Grand Canyon, ready to hike down to the Inner Canyon. The temperature is a few degrees below freezing and an uncomfortably cold wind is blowing. You have come prepared and dressed appropriately to fend off the bitterly cold wind as you [...]
1) Turn off the financial noise machine. Information overload is the norm in today’s world. We demand it. We expect it. Your mind, my mind, and all of our minds are wired to digest information, emotionally respond to the information, and then to do something as a result. This is why and how advertising works. [...]
Over the past two months, this blog has attacked guaranteed income annuities and the purported advantages of leasing a vehicle, assuredly triggering ill sentiment from annuity salespeople and auto dealerships. Given the recent string of controversial opinions and analysis, what better time to address the Department of Labor’s “fiduciary rule”? The fiduciary rule has been a [...]
