Month: August 2018

Is Active Fund Management Always Bad?

The debate between actively and passively managed equity mutual funds has raged for decades.  My position is that the only way that actively managed stock funds can outperform is either by fund managers picking winning stocks in advance or by timing market ups and downs, which requires the consistent ability to successfully predict the future.…
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Social Security Is Lagging Inflation

Social Security is one of the few retirement pensions whose annual payments increase over time based on actual inflation. Few other private or public pensions provide this valuable benefit. Neither do annuities. Unfortunately, the cost of goods and services that seniors predominantly face has collectively risen faster than the broader Consumer Price Index for Urban…
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How Will Inflation Affect You?

You’re probably at least somewhat familiar with the Consumer Price Index (CPI), the Bureau of Labor Statistics (BLS) measure of inflation. Considering that this metric is the fundamental driver of government programs ranging from the setting of short-term interest rates to Social Security’s cost of living increases, its importance in our lives cannot be overstated.…
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