If it is true, that’s messed up. Lets hope that it was just a poorly timed photo. The kid with the white poster is a couple rows back from the one with the power poster and the posters are in different font. I’m thinking he was interchanging the Jaguar (poster in his other hand) and Power. The school’s colors are blue and white – so maybe the one we cant see fully says blue? That doesn’t excuse the bus shitting though.
“The seeds of the coming pension crisis lie in the fact that investment decisions are being made with a misguided view of risk,” – makes a hell of a lot of sense to place this quote right after discussing retirment income generated off of T-bills. If you’re competent enough to research the current yield on T-Bills (newsflash, you wont be able to retire on T-Bills), you should be able enough to realize this is an advertisement for Merton’s Dimensional Fund Advisors masked by a “research article”. Merton has obviously proven to be a very intelligent individual, but this article just has too many fallacies for my liking
A decent record-keeper should have the ability to create model portfolios based off of the plan’s investments options that would fit the participant’s risk parameters and retirement age – thus eliminating the problem of professional management and shifts in asset allocation mentions in paragraph eight. Not only that but mutual funds are suppose to take care of this problem, themselves. However, it is up to the participant to read through the prospectus and realize which fund fits their needs.
C’mon now, this is easy. We are reading a column about the analogy of food and sex. Obama munching on a hot dog is just a metaphor for the fact he likes, well, you know…
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Even with taxes, bills are not being paid.
If it is true, that’s messed up. Lets hope that it was just a poorly timed photo. The kid with the white poster is a couple rows back from the one with the power poster and the posters are in different font. I’m thinking he was interchanging the Jaguar (poster in his other hand) and Power. The school’s colors are blue and white – so maybe the one we cant see fully says blue? That doesn’t excuse the bus shitting though.
it*
Third sentence did if for me.
“The seeds of the coming pension crisis lie in the fact that investment decisions are being made with a misguided view of risk,” – makes a hell of a lot of sense to place this quote right after discussing retirment income generated off of T-bills. If you’re competent enough to research the current yield on T-Bills (newsflash, you wont be able to retire on T-Bills), you should be able enough to realize this is an advertisement for Merton’s Dimensional Fund Advisors masked by a “research article”. Merton has obviously proven to be a very intelligent individual, but this article just has too many fallacies for my liking
A decent record-keeper should have the ability to create model portfolios based off of the plan’s investments options that would fit the participant’s risk parameters and retirement age – thus eliminating the problem of professional management and shifts in asset allocation mentions in paragraph eight. Not only that but mutual funds are suppose to take care of this problem, themselves. However, it is up to the participant to read through the prospectus and realize which fund fits their needs.
C’mon now, this is easy. We are reading a column about the analogy of food and sex. Obama munching on a hot dog is just a metaphor for the fact he likes, well, you know…