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Arthur Stein

 
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  • Are Houses A Good Investment?  [View instapost]
    The most recent information that I have is from J.P. Morgan, “Guide to the Markets, Third Quarter, 2012,” June 30, 2013, page 63.

    From 1993 to 2012, they show average annual returns of
    S&P 500 -- 8.2%
    Homes -- 2.7%
    Inflation -- 2.5%

    Unfortunately, they do not publish this anymore.
    May 20 04:45 PM | Likes Like |Link to Comment
  • Are ETFs Cheaper Than Mutual Funds And Does Cheaper Mean Better? [View article]
    I have heard that there is a tax advantage and plan to look at that in a few weeks.

    Any tax advantage would only be for taxable accounts, not tax deferred acounts.
    May 10 04:31 PM | Likes Like |Link to Comment
  • Are ETFs Cheaper Than Mutual Funds And Does Cheaper Mean Better? [View article]
    The custodian I use for my investment clients (and myself) charges $24 or sometimes nothing to trade mutual funds and ETFs.

    About 40% of the mutual fund trades are fee-free.

    Mutual funds often offer their portfolios in multiple share classes. These classes, while invested in the same or similar underlying portfolio, offer a variety of cost structures designed for different types of investors.

    The differences between these share classes may include sales loads, 12(b)-1 distribution fees, and administrative and operating expenses.

    It is my opinion that it is better to pay a small transaction fee ($24 for my clients) for a share class that has no 12(b)-1 fee then to avoid a transaction fee by purchasing a share class with a 12(b)-1 fee.
    May 10 03:08 PM | Likes Like |Link to Comment
  • Are ETFs Cheaper Than Mutual Funds And Does Cheaper Mean Better? [View article]
    I appreciate the comment. The article examines the benefits of indexed ETFs compared to indexed mutual funds.

    I was not discussing whether indexed or actived management is preferable.
    May 9 04:56 PM | Likes Like |Link to Comment
  • Are ETFs Cheaper Than Mutual Funds And Does Cheaper Mean Better? [View article]
    Thanks for the comment. Do we live near each other?
    May 9 01:14 PM | 1 Like Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    thanks for the detailed analysis.
    Apr 28 09:17 AM | Likes Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    Excellent information, thanks.
    Apr 21 10:17 AM | Likes Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    When to take social security is a key decision that many people get wrong. Sorry to hear about your situation but you are not alone.
    Apr 21 10:17 AM | Likes Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    Absolutely. Three possible retirement strategies when you haven't prepared for retirement:
    Work till you drop
    Die early
    Win the lottery.
    Apr 21 10:15 AM | 1 Like Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    Good points.

    Another problem for many is leaving investments in savings accounts, money market funds and CDs for long periods of time, not realizing that taxes and inflation are reducing purchasing power.
    Apr 21 10:13 AM | Likes Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    Excellent points, thanks.
    Apr 21 10:10 AM | Likes Like |Link to Comment
  • The Chained CPI - How Big Of A Difference Does It Make? [View article]
    Actually, your Social Security benefit will be significantly higher if you wait to age 70 -- not 66 -- to start receiving benefits.

    Social Security benefits are increased approximately 8% per year for each year you delay receiving benefits after reaching age 62. The benefit increases stop at age 70.

    The 8% increases are compounded.Starting benefits at 70 instead of 66 would increase your payment approximately 36%.
    Apr 11 01:59 PM | Likes Like |Link to Comment
  • Gold Has No Bubble; Only A Very Bullish Outlook [View article]
    In 2012, investment demand was 35% of total and jewelry was 43%. Jewelry still more important.
    Apr 5 03:44 PM | Likes Like |Link to Comment
  • Investing In Gold: Is A Bubble Popping? [View article]
    The new SA article
    http://seekingalpha.co...
    The World's First Gold Factory by Bruce Pile is worth a read.

    Relates to this issue: is it possible for new production to significantly increase? A lot of the postings on gold price seem to assume that new production can only stay the same or decline.
    Mar 21 07:56 PM | Likes Like |Link to Comment
  • The World's First Gold Factory [View article]
    This is an important article for gold investors. Most analyses of gold prices seem to assume that new production will either stay the same or decrease.

    My recent SA article discussed both supply and demand. Not promising for gold prices. Especially if new sources of production (like trailings) increase production more than expected.
    Mar 21 07:45 PM | 1 Like Like |Link to Comment
COMMENTS STATS
26 Comments
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