Tag: Saving

Powered By The Energizer Bunny

The U.S. stock market is doing its best to imitate a rocket powered by the Energizer Bunny. Some might complain that, in light of this never-ending bull market, our caution is getting in the way of larger gains. That concern is worthy of a response, which I hope to briefly provide now.

The State of Pensions – And the States That Have Penchants for Them

CalPERS recently reported earnings for the fiscal year ending June 30th, 2016. The results were disappointing, failing to reach their return goal of 7.5% for the second year in a row. The giant pension fund now only has only 68 cents on hand for every dollar in long-term obligations. They are not alone; many public pension funds are facing similar problems.