Guarenteed Retirement Account Bailout (G.R.A.B.)

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Wednesday, December 30, 2009

Moneynews - Buffett Stuffing His Portfolio With Retail Stocks

Moneynews - Buffett Stuffing His Portfolio With Retail Stocks: "Warren Buffett is boosting his portfolio with retail stocks, MSN reports.

Buffett would likely recommend investors buy retail stocks for 2010, Michael Brush of MSN reported.

During the third quarter, Buffett increased his position in Wal-Mart by 19.9 million shares.

“Buffett is the consummate contrarian, and the retail sector is one of the few areas where you can still be contrarian after a market rally that's lifted most stocks this year,” said Brush, author of 'Lessons from the Front Line.”"

Wednesday, December 16, 2009

Moneynews - Investors Flock to Inflation Hedges

Moneynews - Investors Flock to Inflation Hedges: "Investors are pouring money into mutual funds and exchange traded funds that hold inflation-protected bonds and commodities as protection against inflation.

The worry is that the massive fiscal and monetary stimulus implemented to fight the recession won’t be withdrawn quickly enough to avoid a jump in inflation.

In November alone, investors allocated $3.9 billion to commodity-related mutual funds and ETFs and $2 billion to mutual funds holding inflation-protected bonds, according to research firm Morningstar.

Even stock funds are seeking hedges against inflation, putting money into basic materials companies and companies that can raise prices."

Obama’s IRA Proposal: How to Make It Better - CBS MoneyWatch.com

Obama’s IRA Proposal: How to Make It Better - CBS MoneyWatch.com: "Tucked into the Obama financial reform package�is a proposal to�automatically enroll employees in IRAs if their employer doesn’t have�a retirement plan. It’s a good�idea, but it can be improved by equalizing the IRA and 401(k) contribution limits and removing the employer mandate from the plan."

Wednesday, December 9, 2009

The Associated Press: New and improved 401(k) a possibility in 2010

The Associated Press: New and improved 401(k) a possibility in 2010: "When the stock market hit its all-time high in October 2007, few investors questioned the merits of their 401(k) plan. Two years later, their feelings are different.
As many investors continue to nurse the wounds of losing more than a third of their retirement savings, many question if there isn't a fundamental flaw in 401(k) plans. Should the system be scrapped and replaced with something without all the risk?
Though the volume of the calls for change have quieted a bit as the stock market soared about 60 percent since March, legions of investors remain anxious their 401(k) might them down again.
There are several ideas floating around Congress that include increased disclosure of fees in mutual funds and new regulations about 401(k) investment advice."

Washington Goes into 401(k) Withdrawal - CBS MoneyWatch.com

Washington Goes into 401(k) Withdrawal - CBS MoneyWatch.com: "The Obama Administration has decided we are going to make a mess of managing our 401(k)s in retirement and wants to do something about it. Both the Treasury Department and the Labor Department have signaled their 2010 agendas will include taking a look at how to reform the 401(k) withdrawal process to keep us from blowing through our savings too fast.

The Feds are interested in adding an annuity feature to 401(k)s that would throw off a guaranteed monthly income for retirees based on the amount of 401(k) assets a retiree converts into the annuity.

Given the well documented problems we have had managing our accounts while we are working — in large part due to poorly designed plans foisted on us — it’s a reasonable concern that we won’t be able to get the decumulation phase right either."

Washington Goes into 401(k) Withdrawal - CBS MoneyWatch.com

Washington Goes into 401(k) Withdrawal - CBS MoneyWatch.com: "The Obama Administration has decided we are going to make a mess of managing our 401(k)s in retirement and wants to do something about it. Both the Treasury Department and the Labor Department have signaled their 2010 agendas will include taking a look at how to reform the 401(k) withdrawal process to keep us from blowing through our savings too fast.

The Feds are interested in adding an annuity feature to 401(k)s that would throw off a guaranteed monthly income for retirees based on the amount of 401(k) assets a retiree converts into the annuity.

Given the well documented problems we have had managing our accounts while we are working — in large part due to poorly designed plans foisted on us — it’s a reasonable concern that we won’t be able to get the decumulation phase right either."