The Retiree Next Door

We often say at TAAG that people don’t have financial goals, they have goals…and then everything costs money. Last year, I attended a financial blogging conference called FinCon in St. Louis, Missouri.  I was shocked to see the wealth of talented writers and individuals, many or most from outside the financial industry, all looking to help others reach their goals by making better decisions with their money. RetireeNextDoorThis year, I was asked, along with more than 70 other bloggers, podcasters and the like, to participate in a movement called The Retiree Next Door.  The… [read more]
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The Future of Hedge Funds

A major announcement was made this week when the California Public Employees’ Retirement System (Calpers) announced it was exiting its hedge fund strategy.  Hedge Funds have had a bad few years to say the least, but this most recent move by one of the largest public pension systems is a significant shift in how the industry is likely to be viewed by others going forward. It’s no secret that the hedge fund world does not gel well with our philosophy of investing in portfolios of institutional mutual funds that provide exposure to broadly diversified investments… [read more]
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The Downside of Market Upside

People don’t usually think of positive stock market returns as a stress trigger.  But the last few years have been very stressful for many people. Those who shifted their portfolios into ‘defensive’ investments and asset allocations during the Great Recession have subsequently watched the U.S. market sprint upwards.  The S&P 500 closed above 2000 for the first time on August 26th, and the Dow closed above 17,000 in early July. To make matters worse, the positive returns have not been limited to U.S. stocks, with investments in emerging markets and real estate up over… [read more]
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Where the Cool Kids (Should) Hang Out

My family recently spent an afternoon on the campus of my alma mater, Miami University.  It was a beautiful day, a great opportunity to show the kids where Daddy spent a few years of his life and a chance to check out all the recent changes on campus.  A personal highlight was giving the girls a quick peek inside my freshman dorm room thanks to some lucky timing and the kindness of some campus facilities personnel. Our visit was just a few days ahead of freshman move-in day which got me thinking about the… [read more]
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