Revised DOL Fiduciary Rule

Professor Ron Rhoades, my esteemed colleague (he’s esteemed, I’m certainly not) at Garrett Investment Advisors, has written prolifically about the need for a true (Bona Fide) Fiduciary Standard for investment advisers. His efforts and those of many others are starting to move the needle.

Taking Stock

if you are making plans to trim your waistline, you may want to pare your exposure to stocks back to your planned allocation as well. Your plan should tell you to rebalance by selling some “riskier” stocks and buying more “safer” fixed income investments. But, which fixed income investments are safer?

This Forerunner’s Forerunner Is In A Class By Herself

Investment News just featured Sheryl Garrrett as one of its elite, Transformational Advisors.  It is an honor she certainly deserves, but she is a humble lady who won’t make a big deal about it.  So, I will.   Sheryl has been way ahead of all of us in making competent financial planning accessible to everyone. She is also this advisor’s advisor.  I am proud to be associated with both of her fine organizations; Garrett Investment Advisors and the  Garrett Planning...

Should We Retire Retirement?

Carolyn McClanahan’s conclusion– the focus on saving for retirement is a fallacy that needs to go the way of the rotary phone, but we still need to save and plan for the future because we have no clue what will happen in our life or the world. Embrace the fact that uncertainty is the only certainty. Basically, we need to enjoy life today and save for the day we become disabled and can no longer work.