Risky retirement guidance prompts rethink of prudence
Haas argues that persistently low risk in retirement planning risks insufficient funds after inflation. He cites a 1979 shoe box vs stocks comparison showing inflation erodes cash while equities grow. With inflation and longer lifespans, he urges advisers to pursue higher returns and extend planning to age 100.
MENTIONED IN THIS ARTICLE
Haas
Chartered Financial
Employee Benefit Research Institute
Gallup
the American Society of Clu & Chfc
Southfield
Mich
Treasury
Standard & Poor
New home sales slide to two year low in June
New home sales dropped 14.1 percent in June to a 591000 annual pace, the Commerce Department said, the lowest since June 1992, with all regions down as mortgage rates remained high.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
National Association of Home Builders
Manufacturing index hits six-year peak in July
The July index from the National Association of Purchasing Managers rose to 57.8 from 57.5 in June, indicating continued expansion in manufacturing. The 50-plus reading signals growth, suggesting inflation pressures may persist as the economy grows.
MENTIONED IN THIS ARTICLE
National Association of Purchasing Managers
Treasury bill rates decline in Monday auction
Short term bills eased with three month at 4.35 percent and six month at 4.75 percent, down from last week. The Federal Reserve reported one year T bills yielded 5.51 percent, up from 5.41 percent, reflecting shifting mortgage indices. A federal jury ordered Nintendo of America to pay 208 million dollars to Alpex Computer Corp for patent infringement related to video game character movement.
MENTIONED IN THIS ARTICLE
Treasury
Federal Reserve
Nintendo of America
Nintendo of America Inc
Alpex Computer Corp
Local Stocks and Market Update Note
Local stocks update mentions Littl Mecco and a dial in line for quotes. It references 865-5000 and 9100 for stock information and 6730 for the market update. The message notes a complete market wrapup in Saturday Journal-World.
MENTIONED IN THIS ARTICLE
Journal-World
New retail shops open in downtown Lawrence
Two new shops began serving downtown Lawrence on Massachu setts Street. Bloom Bath and Body at 704 Mass. opened July 21 offering personal care items and fragrance customizations. The Toy Moon, three weeks old, features traditional and educational toys with hands on displays and interactive games.
MENTIONED IN THIS ARTICLE
Massachusetts Street
Bloom Bath and Body
Mass
Margot Wells
Wells
Toy Moon
Mike
Alice Cnossen
Mike Cnossen
Early Markets Report Midwest and Metal Prices
Local morning market roundup across Midland Omaha and St Louis shows grain and livestock bids with hogs and cattle moving on daily quotes. Nonferrous metals in New York list aluminum copper lead zinc tin and precious metals with spot and Comex figures and bank provided rate context.
MENTIONED IN THIS ARTICLE
New York
London
U.S
Comex
Handy & Harman
N.Y
Also Mentioned on This Page
Federal Home Loan Mortgage Corp
Rcent
U.S. Dept. of Comin
United States
Mickey Kantor
General Motors
Ford
National Highway Traffic Safety Administration
Center For Auto Safety
Chevrolet
IBM
Nintendo
Voew
NPC
Intnat Sar
AlliedSig
O'Reilly Auto
Applebee‘s
JC Penney
Casey's
Sreervere
Pepsico
CommBancsh
Quaker
Dayton-Hud
Railroad Fin
Unch
Fleming Sestressonne DD
Sallie Maeseereaeen
FMC Wheeeeee
Santa Fe
Unc
Fourth Fin
Sealright
Goodyear
Sears
Hercules
Sthwest Bel Alhs Ye
Kmart Eeneeee
Trwpeccesseeeeee
Trnova
Kroger Labone
Eacee
UtiliCorp
Lone Star Sticks
Wal-Mart
Ma' Sreeneerer DIV
Western Res
Mercantile Veeneesee
AMS
Merck
Woolworth
Edward D. Jones & Co
Jayhawk Club
Tom Jones
Cawrince Journal
Acco
Nea
Douglas County Bank
Lawrence
Kansas City
Park & Rec
City Commission
Sanitati Water Service
Douglas
Cour Lost Dog
Lost Cat
Hot Humane Society
Weel Board of Education
StockQuote Hotline
TV Tonight
Aquarius Aries Taurus Gemini
Cancer Lee
Bree
Midland
Omaha Livestock
Omaha, Neb
Usba
Omaha
St. Joseph Livestock
St. Josep, Mo
Dodge City
Commerce Bank of
N.A
Commerce Bank
Canada
France
Germany
Great Britain
Italy
Japan
Mexico
Switzerland
Pian
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