Eavesdropping on a Fitch Solutions event in San Francisco

Eavesdropping on a Fitch Solutions event in San Francisco

When Standard & Poor’s famously downgraded U.S. debt in August, Moody’s and Fitch, the two other big ratings agencies, steadfastly declined to go that far with the sacred cow of investments and kept their triple-A ratings in place. But what do Moody’s and Fitch think? I had that question in the back of my mind when Jeremy Fletcher proposed taking notes last Monday at the Fitch conference that came here to the Bay area. Fletcher (whose office is next door to ours in Mill Valley) manages portfolios — mostly bonds — for Asset Dedication LLC, whose clients consist of investors using RIAs and other financial advisory firms. Read more…

Building a Personal Pension Portfolio

Building a Personal Pension Portfolio

Baby boomers continue to impact our nation. The generation that fought for free speech and civil rights is now forcing financial services to re-evaluate investing and retirement planning. They are the first group to transition from traditional pensions to the 401(k). Boomers will increasingly have to look to their own accounts to support them in retirement. Essentially, they have to treat their 401(k) and IRA accounts as their personal pension. Read More…