In his column “Ask Encore” Wall Street Journal columnist Glenn Ruffenach answers a reader’s questions with the following advice: 1. Keep working 2. Slash debt 3. Get ruthless with expenses 4. Downsize Lots more advice on this topic in this blog. Source: Financial Planning for Women
Day: October 27, 2019
Wall Street Brokers missed the memo on Index Funds
“In recent years, investors have been flocking to low-cost index funds, driven by their long-term record of outperforming higher cost actively managed funds” writes Randall Smith in The Wall Street Journal (10/7/19). However, clients of Wall Street brokers have just 29% of assets in passive index funds according to a report by Cerulli Associates. The…
Amazon sells clothes from factories other stores shun
“After a 2103 factory collapse killed more than 1,100 people in Bangladesh, most of the biggest U.S. apparel retailers joined safety-monitoring groups that required tham to stop selling clothing from factories that violated certain safety standards” according to Wall Street Journal writers J. Scheck, J. Emont, and A. Berzon (front page WSJ 10/24/19). Except Amazon…
Flying is bad for the planet: What can you do besides fly less?
Flying is one of the worst contributors to climate change. Yet Americans are flying more than ever. Granted that some flights are deemed necessary by the passenger… We recently flew from Salt Lake to Baltimore to attend my father in law’s funeral which attracted family members who flew from Chicago, St. Louis, Savannah and SLC.…