Wealth Management Now

21 hours ago

Beware Of Grandiosity – Big Board And Elsewhere

To much applause, Chuck Schwab past week surprised the Street with his zero commissions policy on stock trades. This makes Charles Schwab as a stock one gigantic interest rate play because they arbitrage client credit balances, paying out much less than they earn on reinvestment.
Oct 8, 2019

Is Pumpkin Spice Over?

About a year ago, we wrote a popular blog post on pumpkin spice season. Based on Twitter data and search trends, we could see that pumpkin spice season had started earlier than ever, and was bigger than ever.
Oct 6, 2019

Vanguard's Impersonal Advisor Service

Lower fees are always a good thing for investors, so I’m all for Vanguard's proposed robo-advisor service. Making investing easy is also a good thing, and the new service will do that. But please, Vanguard, if you’re listening, remove me from your mass marketing campaign now – before it starts.
Oct 6, 2019

Impeachment And Your Retirement

The financial advice industry is known for having strong opinions. Politics is like that too. Especially these days. To be clear, this is NOT a political commentary. I direct you to a zillion other locations on the internet for that.