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Target-date risks
Criticism of target-date funds is heating up in the aftermath of hearings by the SEC and the Department of Labor. But rather than illuminating the retirement investing problem, the discussion has only...
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What target-date funds can’t do
Well, perusing recent press, it’s clear that target-date funds continue to be one of the financial media’s favorite targets for generalized scorn. Still, I suppose to some extent, you know you’ve...
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New year, old hero
By the time I awoke in Pennsylvania on Monday, January 4, the first day of 2016 trading, Chinese stocks had tumbled by about 7%. When the U.S. stock market opened a few hours later, prices plunged...
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