| VCAM: January/February 2010 Newsletter | VOLUME 10 ISSUE 1 |
Tools to Analyze Your Portfolio (Not simply a bowl of cherries) From where we sit, when evaluating a money manager before retirement, it is important to ask questions about firm history, experience, educational background, cost, and specific client performance. In the same manner, money managers must ask questions about systems and tools necessary to be effective and efficient. If I was looking for an investment firm, I would ask “What is your previous experience as a financial advisor? Do you have analysts on staff? Do you have a CFP? Do you file an ADV directly to the SEC? What institutional tools do you use to evaluate investments and a specific client’s performance?” |
Inflation Debunked “I remember when my brothers and I could walk into a store and buy a soda and a deli sandwich for fifty cents”, to this day those words still find their way out of my father’s mouth when we discuss how much things cost. Recall, this was the same era when they walked to school every day, up hill both ways, in two feet of snow all in their bare feet! I would adamantly respond, “Times have changed dad”, and boy am I glad they have. Shoes have been invented and students have figured out a way to get to and from school by only walking up hill one way if necessary. Today fifty cents wouldn’t buy you a soda and it may only be enough for a slice of bread for that deli sandwich. What is inflation? How is it calculated? How is it created? And, how does it affect me? These are the questions we will attempt to answer. |
Financial Quiz: Test Your Knowledge Take a fun quiz to see how well you know some important financial triva and historical investment principles. |
