Finance Blog
Author Archive for Dan Solin
There’s a lot of misinformation about annuities. That’s not surprising, since the term “annuity” is applied to a variety of dissimilar investments. These investments are also quite complex, which seems to suit the insurance industry. Complexity makes it more difficult for investors to separate good…
Written by Dan Solin on June 22, 2010
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It’s great that you’re saving for retirement. You’re probably taking advantage of a 401(k) plan, a traditional IRA, a Roth IRA, or some combination of these retirement plans. However, you can undo all the good by making a single bad decision with these accounts, costing…
Written by Dan Solin on June 15, 2010
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What’s your biggest fear as a retiree? Outliving your money. The securities industry is great at fearmongering. It wants you to believe you need it to avoid this fate. The harsh reality is that using brokers and advisers who tell you they can “beat the…
Generally speaking, I am no fan of 401(k) plans. They are brimming with high costs, conflicts of interest, and poor investment choices. The primary beneficiaries of these plans are mutual funds and plan advisers who skim off billions in fees-money that should be going into…
Written by Dan Solin on June 1, 2010
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Golden Moves: Thinking Through the Quest for Gold The question I get asked most often is should I buy gold? My answer? You are asking the wrong question. Investors buy and sell gold at the wrong times. If you are talking about making a short-term…
Written by Dan Solin on May 25, 2010
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You have to feel sorry for anyone nearing retirement or those who have recently retired. They worked hard and saved enough to retire with dignity—or so they thought. In the stock market crash of 2008 and 2009, few were spared the market decline, and even…
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