The final task in the area of investments is to establish a monitoring system to evaluate investment performance and to determine whether the fund’s investment objectives have been met. This topic is the subject of a separate monograph published by the Financial Analysts Research Foundation, and it will not be covered at any length here. However, a few comments are pertinent. (more…)

Previous rules about retirement planning are no longer effective in today’s environment. The increasing cost of healthcare, longer life expectancy and the economic downturn are factors that force retirees to seen better growth in their portfolio. Meanwhile, there is also the pressure that drastic market drops won’t completely destroy their nest egg. There are an increasing number of financial planners who are rethinking their old strategies. Below are the four new practices to look into: (more…)

If you want to have a lot of money when you retire then it is important that you start early. To retire rich you need to have a plan of action so you know exactly how much you need to invests to reach your goals. Many people get involved in their 401(k) plan and they do not worry about making any other investments. (more…)