Here’s a news flash: Unequal pay for women can mean unequal retirement. It’s common knowledge that women earn less than their male peers, about 77 cents on the dollar, the so-called “pay gap.” What’s less appreciated is the danger of when they earn less: The high-earning years in mid-career, when most people first get serious… Continue reading →

Professor Burton Malkiel of the Rebalance Investment Committee explains how volatility in the markets can cause investors to make emotional decisions and why access to a financial advisor is crucial in tough markets. Continue reading →

David Einhorn, the hedge fund guru best known for shorting Lehman Brothers in 2007, is back at it, this time with tech stocks in his sights. “There is a clear consensus that we are witnessing our second tech bubble in 15 years,” Einhorn’s $10.3 billion firm, Greenlight Capital, told clients in a letter this week.… Continue reading →

Professor Burton Malkiel of the Rebalance Investment Committee on how tax-deferral and compounding leads to significant long-term growth of an investment portfolio. Continue reading →

Professor Charles D. Ellis of the Rebalance Investment Committee on how the 2008 stock market crash tested his beliefs but, ultimately, confirmed his approach toward portfolio indexing for retirement. Continue reading →

Ordinary retirement investors earn a return that pales in comparison to the stock market itself — more than 45% off the benchmark. Why is that, and can you do anything about it? We’re talking about trillions of hard-earned dollars, money that should be growing on behalf of millions of Americans and just isn’t. The results… Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, explains how diversification protects a retirement investor from the chance that any given investment will fail in time. Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, on the human temptation to strive for outperformance despite evidence that consistently beating the benchmarks is close to impossible. Continue reading →

The media storm over Michael Lewis and his new book about high-frequency trading is fascinating to watch — and of remarkably little consequence. Serious retirement savers are not affected by flash trading and, quite possibly, benefit from its existence. Lewis is a great writer. I suppose his publisher welcomes the attention the book has gotten… Continue reading →