Close to Retirement and Under-Saved, What Should You Do?

My latest for Alpha Baskets is posted at looks at the saver/investor who is under-saved. As opposed to the many people who reportedly have nothing saved I think there are likely many people who have accumulated something of a nest egg but maybe not enough for the retirement they had in mind. From the post; Someone who engages in markets enough to read blogs like this might be doing a little better than average but what does the person/couple who is 60 and has $200,000 or $250,000 in their 401k do? That is probably not a ruinous situation but $8000-$10,000 (assumes the 4% rule) on top of Social Security may not fund the retirement that the 50-year old version of this person had in mind. Please click through to read the entire post. PNC...

Juuuuuuust Right

The weekly Market Update is posted at Alpha Baskets and includes the following; A couple of weeks ago we observed growing sentiment that the German bund would soon trade with a negative yield and of course that has not been the case. Shortly after Bill Gross called the bund the short of the century the yield began to skyrocket, closing this past week at 0.54% after closing the week before at 0.37%. Please click through to read the entire update. PNC Park in Pittsburgh....

NASCAR, Firefighting & Investing

My latest for Alpha Baskets covers a lot of ground including the intersection of the three things in the title and a little bit of humor. From the post; I’ve been very consistent over the life of this blog in believing that funds offering alternative strategies are a part of the solution along with some selling. When I first starting writing about these ten years or so ago the field was quite narrow but now has expanded to include many more strategies and fund providers. Please click through to read the entire...

Poland Has Negative Yields?

The weekly Market Update is posted at Alpha Baskets and includes the following; Poland sold three year bonds denominated in Swiss francs that have a zero coupon and on the day they were issued had a negative 0.213% yield. While the issue obviously takes advantage of Switzerland’s low interest rates is it also a currency bet, a bet that the zloty (the currency of Poland) will not weaken against the franc. If it does then the debt will become more expensive to repay. It is a little surprising they would take the risk, the Polish 10 year note yields just 2%. Please click through to read the entire post. If you have a Facebook account you probably know that today is Star Wars day, May the 4th like may the Force be with you and I am still nerding out over the Star Wars NFL...