Retirees have every reason to be an extremely risk averse bunch. After all, most of them have an immediate or near-term need to draw income from their assets. This need for income should result in zero tolerance for investment risk or reduction in value of the assets that are intended to produce the retirement income...
The extreme gyrations in the stock market over the past week create great headlines and quite a bit of trading activity. Equally if not more important for retirees, however, is the related action in bond markets.
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It is challenging to think of another sector of the U.S. economy that has the same puzzling mix of characteristics as the...
It is the afternoon (markets are closed) of August 9 2011, and millions of retail investors around the world must be asking themselves whether they can continue to stomach the gut-wrenching capital market...
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