"James Grant: A Positive Lesson from the Great Depression"
Great price tags on a number of investments are the silver lining of the current recession, according to James Grant, founder of Grant’s Interest Rate Observer. Grant shared his “Thoughts on the Financial Markets and the Current State of the Economy” with the Boston Security Analysts Society on February 11. He spoke at length about […]
"Institutional investing" isn’t as great as you think
That’s what Van Kampen Investments discovered when it researched how to name a new retirement income product. “Institutional” means expertise to financial services professionals, but it makes individuals think of hospitals and prisons, said Andrew Scherer, managing director, Van Kampen Investments, in his comments to the Managing Retirement Income conference on Feb. 10. Van Kampen […]
Notable quotes from the Managing Retirement Income Conference
Speakers expressed some interesting opinions at the Managing Retirement Income Conference on Feb. 10. Their comments are paraphrased below. It’ll take at least two years at 5% equity returns for people to make back what their 401(k) plans lost in the 2008 stock market decline.–Jack L. VanDerhei, Employee Benefit Research Institute Retirement will turn out […]
Highlights from the Managing Retirement Income conference
The stock market’s decline has changed how individuals look at retirement income. They want more certainty. That was one of the themes I took away from the first day of the Managing Retirement Income Conference on Feb. 10. The conference was hosted in Boston by the Retirement Income Industry Association. Some other takeaways 1. Retirees–and […]
"Amid Market Gloom, Fund Manager Fights Against Jargon"
Are you using too much jargon in your market commentary? Read “Amid Market Gloom, Fund Manager Fights Against Jargon” for the tale of a British fund manager trying to eliminate jargon and wordiness. Here are most of the terms he’s fighting: Aggressively Backdrop Basis points Bets Drawdown Going forward Is primarily engaged in Headwinds, tailwinds […]