Author - Matthew J. Illian, CFP®, AIF®

1
Two Disclosed And One Hidden Cost Of ETFs
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How Much Life Insurance Does A Parent Need?
3
Bailing Out The Boneheads

Two Disclosed And One Hidden Cost Of ETFs

Exchange-traded funds (ETFs) are a cost-effective way to build a well-diversified portfolio, but don’t just assume that all are inexpensive and diversified. Warren Buffet has been known to warn novice investors with a poker analogy. Buffett shares that if you don’t know who the patsy is after 30 minutes of playing, you’re the patsy. Those who fail to do their homework will pay the price.

ETF market share has doubled in the last five years during the same period that mutual fund market share has been relatively stagnant. Although ETFs are generally cheaper and more tax-efficient than mutual funds, it’s …

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How Much Life Insurance Does A Parent Need?

Q: I am the father of three. I have a $100,000 life insurance policy through my employer, but I am sure this will be a drop in the bucket assuming this bucket gets kicked. What do you recommend?

Sincerely, Underinsured

Term life insurance is so affordable that no one has an excuse to be underinsured. Over your career, make it your objective to save enough so you no longer need any life insurance. Those who accomplish this goal are self-insured and no longer need to pay a third party. But until then, life insurance provides great peace of mind.

Some …

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Bailing Out The Boneheads

According to AIG and the Treasury Department, we should all be applauding the grand success of the massive bailouts. Few outside of Washington or AIG’s imposing Wall Street headquarters are celebrating, however. The AIG bailouts, and there were many, left our economy more vulnerable and American taxpayers poorer than before.

The recent AIG marketing campaign makes my skin crawl. In what they are calling “America’s Profit,“ AIG boasts that repayment of the bailouts created a positive return for taxpayers. Making such claims after the largest bailout in American history deserves a review.

Sheila Bair, former FDIC chair, shares …

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