Resources

DOL Abandons Its Statutory Mission to Protect Retirement Savers

In Deferring to the weak and ineffective SEC standard, the Labor Department is setting aside its much stronger mandate. Source: ThinkAdvisor.com | By Phyllis C. Borzi | July 29, 2020, at 2:21 PM When the Labor Department unveiled its draft retirement investment advice...

AIG Unit to Pay $40M Over 12b-1, Referral Fees Tied to Teacher Pensions

“Too often educators are targeted with misconduct related to their investments,” said SEC Chairman Jay Clayton. Source: ThinkAdvisor.com | By Melanie Waddell | July 28, 2020, at 10:34 AM Valic Financial Advisors agreed Tuesday to pay $40 million to the...

Question: Is gold or silver a good Investment Strategy for Your Retirement Portfolio?

Rezny Wealth Management is not a big believer in gold and silver as an investment. Their use as a recession “safety net” is not currently valid because small investors are the only driving factor for the current upward trend of the price. Gold and silver...

Investment & Economic Strategy Update — July 28, 2020

We are over halfway through 2020 and a large portion of US stock indices are positive, so far, for the year. We are still invested in the US and not overseas and will continue to do so as other countries are still struggling. Rezny Wealth Management performs in-depth...

Question: Is Bad Advice and No Investment Strategy Destroying Your Retirement Portfolio?

Bad advice and no investment strategy will have devastating effects on your portfolio. If you are self-managing, you MUST make time to perform in-depth research daily. Most people don’t have the time to do that which makes it even more difficult for another very...

Investment & Economic Strategy Update — July 14, 2020

The US is firmly into the third quarter of 2020 and growth is starting to pick up. The economy will come back strong through the rest of the third quarter, as well as, the fourth quarter. As we approach 2021, being properly invested is going to be the key. Equity...

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