Articles

Active management offers flexibility not allowed in less-expensive index-tracking passive funds. The latitude that active managers have for managing risk as well as for adjusting to market fluctuations and changes in the business cycle make such funds a valuable component in a balanced investment portfolio. […]

By Joel Dresang Vacations seem a bigger deal now, with bigger bills. They can upset the spending plans of retirees. They can divert workers’ earnings from retirement savings. They can contribute to family debts. […]

By Joel Dresang Only about 1 in 15 Americans has an online Social Security account and checks their benefits estimates once a year. I happen to be one of those few. Not only do I plan on Social Security being there for my wife and me when we retire, but I’m getting an idea of how much to expect and how that fits in with the rest of our plans. […]

For whatever reasons retirees reach the end of their work lives—whether early or on plan, trusting sound investment practices is key, Dave Sandstrom says. […]

By Joel Dresang My wife and I have provided our daughters with limited financial assistance in college. That’s because a) We want our children to have some skin in the game, and b) We’ve needed to save for our retirement. College has presented a serious lesson in what we have hoped to instill in our children about personal finances: You have more opportunities than you have resources, so you must sort out your priorities and plan accordingly. […]

Credit for coining the term “skin in the game” commonly goes to the Oracle of Omaha, Warren Buffett. But as wise and quotable as the billionaire is, the internet can easily overattribute him. As Yogi Berra is said to have said, “I never said most of the things I said.” […]