My afternoon train reads:

• How Vanguard amassed $2 trillion (MarketWatch)
• The purpose of this site (The Reformed Broker) see also On Financial Blogging (Aleph Blog)
• After 30 years of recession, Japan discovers stimulus (NYT)
• Is Your Fund Manager Active Enough? (Barron’s)
• Simple, solid strategies for investing money (Los Angeles Times)
• Google Gains From Creating Apps for the Opposition (NYT) see also The Genius of Samsung (Slate)
• This Isn’t the Petition Response You’re Looking For (White House)
False balance: Fox News demands a recount on US’ warmest year (arstechnica) see also The Science of Why We Don’t Believe Science (Mother Jones)
• Everything We Know So Far About Drone Strikes (ProPublica)
Chuck Hagel: A Republican Foreign Policy (Foreign Affairs) see also GOP No Longer the ‘Party of Eisenhower and Reagan’ (The Atlantic)

What are you reading?

 

You’re behind schedule in planning and saving for retirement

Source: WSJ

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

6 Responses to “10 Monday PM Reads”

  1. jnkowens says:

    Love this line from Josh’s post: “I’ve learned who can be trusted and who can not in the financial media. Which commentators are permanently and irreparably conflicted and which are honest, empirically-driven in their analyses.”

    A sentiment that I can appreciate, and the primary reason The Big Picture is a “must” visit on my daily reading list.

  2. jnkowens

    There were good reasons I brought him into my firm — he is very savvy, learns from his mistakes, and isnt afraid to call out bullshit

    Best hire I ever made.

  3. James Cameron says:

    The WSJ piece on retirement has a broken link . . . try this:

    http://online.wsj.com/article/SB10001424127887323316804578165192554890784.html?mod=WSJ_hp_mostpop_read

    Based on the survey of what those 55 or older have saved, they’re going to need either some drastic lifestyle changes, or a lot of luck.

  4. Jojo says:

    One-child policy: China’s army of little emperors
    The one-child policy has fundamentally changed the psychology of a generation

    Thursday, 10 January 2013

    They were known as China’s “little emperors” – the offspring of one-child families born after the country’s draconian family planning policy was introduced in 1979. They became the “spoilt generation” of teenagers who didn’t experience the joys and heartache of sibling rivalry or share and share alike – at least this was the simplistic stereotype of the singleton children born in modern China, based on little more than anecdote and hearsay.

    But now, scientists have produced the first convincing evidence to suggest that the one-child generation of China has indeed become a rather maladjusted lot.

    http://www.independent.co.uk/news/world/asia/onechild-policy-chinas-army-of-little-emperors-8446713.html

  5. Hugh says:

    I am reading up on Aaron Swartz: I was not really aware of him before his untimely passing – shame on me.

    I shall refrain from commenting on the reasons for his death until more details are known.

  6. antonw says:

    In relation to saving for retirement.

    Don’t these people have social security? f so, they have a lot saved.
    It’s a life annuity worth about 50% of annual earnings at retirement.
    If they treated their home as a retirement nest egg, they have an even larger retirement nest egg.
    If they don’t have any of these things, they stayed in the 1920′s and like people of that age, they should have to work until they pass or get so old they just sit by the stove to stay warm and grow old!

    I’m tired of people saying SS is an entitlement, as if its welfare.
    I paid in for 50 years, 25 of which were at the maximum.
    Given I have been single and healthy, it was a regressive tax on me, not welfare.
    I also paid into medicare since its inception. It is not an entitlement, its an insurance policy .

    While I am not a big AR fan, there is some truth to Atlas Shrugged.