Savage: 401(k) Fee Disclosure Provides Much Information, Little Recourse
It's time for the bosses -- us -- to speak up and force them to do the job that we're paying them to do. Here's how to make your voice heard, no matter what your take on the issues.
Interestingly, the content of the three-day event seemed far more conservative than at the other shows, perhaps reflecting the mostly Midwest audience, or maybe because the enthusiasm for speculation has been tempered by the sideways, but volatile, market activity recently.
Monday's 330-point rally in the Dow, to a closing at 11,433.18, is a great demonstration of how futile -- and even dangerous -- it is to base your investment strategy on one day's headlines, whether on the upside or on the downside.
Ironically, many of the states with the largest debt burden already have relatively high tax structures, meaning it will be even more difficult to fill the gap. But they will try. And eventually, you could find the most productive people moving out of high-tax states to those with lower rates.
There are many rip-offs out there, promising help and charging steep fees. That can only add to your woes. But it's even worse to ignore the situation and hope the debt collectors will give up on finding you.
What happened to the oil market? Must be those "manipulators" again!
What happened to the oil market? Must be those "manipulators" again!
Judging by the number of words it took the Fed chairman to get his message across in his first live press conference after a Fed meeting, it's no wonder some are a little confused.