The 62+ Loan: An Interesting Option for Financing a Home Purchase
Should You Refinance Your Mortgage?
Changes for 2019 Taxes
Vanguard’s “BETR” Approach to Roth Conversions
A recent paper from Vanguard sheds light on when it makes sense to transfer funds from a traditional IRA to a Roth IRA (a Roth conversion). Recall that the proceeds of a Roth conversion are subject to taxation at the investor’s marginal rate, but the converted funds are tax-free forever (i.e., until the account is depleted either by the investor or his heirs).
Low Cost, Flat Fee 401k Retirement Plans
In today’s job market, offering a low-cost, transparent retirement plan is essential, so here are three steps to get there.
A Tribute to St. Jack
The investing world lost one of its luminaries today with the passing of the legendary John Bogle, the founder of Vanguard and a pioneer of bringing low-cost index investing to ordinary investors. When he started Vanguard in 1975 with a revolutionary idea that an investment company should be owned by its investors, Bogle met fierce resistance with aspersions cast such as “Bogle’s Folly.” Nevertheless, he persisted, and thankfully so. Here are some of our favorite quotes from St. Jack.
Yet Another Hedge Fund Cautionary Tale
Simon Lack, the author of The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True famously issued a challenge for anyone to show that they became rich through investing in hedge funds. After nine years, it is still unmet. With their perverse fee structures, there is no shortage of hedge fund managers who became rich even if their investors did not.
The Bitcoin Bubble
As of the time of writing this article (3:45 PM PST on 11/27/2018), the quoted price on bitcoin is $3,782 from www.coindesk.com/price.