Wars, crises and even personal stress are rooted in the deep insecurity that is inherent in human nature. As societies and as individuals, we crave stability.
Two SA contributors in a sense address this theme as regards retirement, one from a broader and the other from a narrower perspective. Yet both seem to come around to similar conclusions about achieving that sense of stability by controlling what can be controlled.
Michael Lonier, having been auditing Tim Geithner's Yale class on the global financial crisis, takes the broader approach but comes down to the idea that retirees can and should stabilize their retirement incomes by controlling for stock market risk.
From the standpoint of Bruce Miller, a CPA by training, the critical element is to manage cash flow. By getting a handle on income and expenditures, a household can alleviate the inordinate stress that arises in anticipation of retirement.
And here are a few other advisor-related links to start off your week:
- Ronald Surz categorizes the various passive and active means of seeking alpha.
- And here Ronald Surz predicts the plaintiff's bar will be targeting Target Date Funds.
- The Heisenberg: net demand for equities - outside of buybacks - has been negative for 4 years!
- ETFGuide on investors' hatred for gold-mining stocks and the love they inspire in contrarians like George Soros.
- But as for gold itself, Andrew Hecht says this could be the classic currency's golden age.
- Columbia Threadneedle Investments provides a brief fact sheet ahead of this week's Brexit vote.
- Ian Bezek lucidly explains the trouble with European financial institutions like Deutsche Bank (NYSE:DB).