Retirement Risk Revisited

I just turned 60 years old. So this is a particularly important subject to me and many of my friends and family. I manage about half of the retirement savings for our household. The other half is managed by the experts at American Funds. We also have other non retirement portfolios including stocks, real estate … [Read more…]

Now there are 11 and it’s Real

According to the Schwab Newsroom dated today, beginning September 1, there will be a new sector added to the major classification system. The current GICS started in 1999 as published byt the S&P.  There are 10 (or were 10 if you are reading this after Sept 1) classifications: Consumer Discretionary; Consumer Staples; Energy; Financials; Health Care; … [Read more…]