Month: September 2016

A Key Factor For Financial Success

As an investment professional I spend a huge part of my time helping clients to develop investment strategies and to identify specific investments that balance the need for growth with the need for asset preservation.  And over time, the value of these efforts pays off by maximizing the likelihood of their being able to live…
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Not All Muni Bonds Are Tax Free

At a wedding in 2007 I met a retired treasurer from a prestigious east-coast university.  He told me that all his investments were exclusively in insured municipal (muni) bonds.  The returns he received were good, sufficient to cover all his expenses, and were practically guaranteed.  But the best part of the muni investments, as he…
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The First Retail Index Fund Breakthrough

It was forty years ago last week that Jack Bogle and his new firm The Vanguard Group launched First Index Investment Trust, the world’s first index mutual fund available to retail investors.  Looking back on it from the vantage point of today, you’d probably be surprised at just how difficult the effort turned out to…
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