Fee Party is Coming to an End
Earlier this week, Blackrock announced that it is dropping its expense ratio on 15 ETFs to 0.05% or less in most cases. Yesterday, Charles Schwab countered by lowering its fees in 5 of its ETFs. Also, happening this week was Merrill Lynch's announcement that it will...
Fighting Violence in America
After the San Bernadino shootings last December, the headlines next day was “Another day, another shooting in Gun-Crazy USA”. Since then, random shootings, police shootings and mass shootings have become so common place that one day without any of these shootings is a...
Wealth Management – Plan Today, Profit Tomorrow
Many people look to the stock market and other financial instruments as a way to secure their retirement. However, with prices that constantly rise and fall, and markets that change by the second, this can be a daunting prospect to those who may not be able to risk as...
Why Comcast Wireless is a Bad Idea
In a seminal management article published in 1990 titled “Core Competence of an Corporation”, authors C. K. Prahalad and Gary Hamel highlighted the importance of developing a competence which enables introduction of a product that benefits the customer, and that are...
Build Your Retirement Fund by Changing Your Car-Owning Habits
What's the biggest obstacle to an early or comfortable retirement? Your car, which sucks up money that could multiply many times over in a good retirement account. Unless, of course, you are already limiting your driving costs to the bare minimum. "Kicking the habit...
Wall Street Slang
There are quite a few terms often used in Wall Street that make no sense to anyone else. Now, we are finding that these terms make no sense to even those who work on Wall Street. Let’s start with a few often used terms that in current markets have largely become...
Amazon Taking Aim at Auto Dealers?
Last month, we analyzed the Amazon generation (see the article at https://futurewealthllc.com/the-amazon-generation/). Since then, Amazon stepped into another area that could bring the end to the brick and mortar auto dealer shops. Last week, Amazon announced Amazon...
Striking It Rich in Real Estate?
Buying real estate has become more than just finding a place to live. Investing in real estate has become increasingly popular over the last 50 years and has become a common investment vehicle. The average homeowner in the US typically has a significant portion of...
Brexit – Should We Care?
Britain's decision to exit the European Union is quite easily the most visible head scratching event this year outside of Ryan Lochte’s Hollywood Style episode at a Rio gas station. While the exit matters greatly to Europe, does it matter to America and more...