FATCAT. Opps I mean FATCA
To put it simply the USA is going to impose fines on any financial company, investment portfolio or custodial service who do not collect tax for them and pay to the Inland Revenue Service. Why is the rest... MORE »
It's not ethical for managers to keep getting fees on frozen funds
Fund managers should not get paid management fees – or at best should have them severely discounted - for the period the funds are frozen. It is immoral that trapped investors are forced to contribute... MORE »
Risk is the likelihood of losing your hard earned wealth; Volatility is the wobbles
We all learned from the finance company debacles that valuing a portfolio with a capital item that remained at the same value, lulled many financial planners into a false sense of security. That is, using... MORE »
The truth about managing retirement income
Too many advisers remain fixated on the outmoded income or growth bias when constructing portfolios. This is short-sighted and leaves the client losing out on returns they could achieve in many economic... MORE »