What we need is congressional action to establish a federal principle of fiduciary duty – encapsulated by the phrase ‘no man can serve two masters.’
The basic idea of retirement income is, to me, to get a check, two checks every month, one from your fixed income and one from
If the fluctuations in your investment portfolio are reduced, the impact of emotions and behavior on your account is also reduced.
I tend to give to those who have helped me along the road of life: Blair Academy, Princeton University, our church, and several hospitals that
I would always advise young people to follow their star – not my star. They have to live their own life. If they decide they
It is the power of words and books – explaining and dramatizing great ideas and articulating high ideals – that is the greatest weapon in
In an ideal world, Adam Smith-like, individuals would recognize what they need to do in their own self-interest, and they will make changes happen and
I would advise someone who has just retired to be something in the broad range of 50/50 stocks and bonds.
Never underrate the importance of asset allocation.
The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a failure
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