For viewers of the timely PBS FRONTLINE program called “The Retirement Gamble,” the U.S Department of Labor’s recently passed fiduciary standard rule for retirement savings advisors may be the closest rule passed to date to that which has been prescribed for decades now by well-respected Vanguard founder John Bogle. If you have ever been sold a “lemon” automobile, a “liar’s loan,” or “some lovely property in Florida” that turned out to be swampland, then you might now finally rest assured, knowing that this final rule will at least serve as an after-the-fact preventive safeguard for future generations of potentially looted investing individuals. As the proponent of “a Bogle rule for financial advisors” has pointed out, high-fees applied to Americans hard-earned savings are simply unnecessary.
Beyond the Powers: Finally, A “Bogle Rule” for Financial Advisors
In Law on April 11, 2016 at 2:58 PMRow
In Architecture on February 1, 2016 at 9:44 PM“A rising tide lifts all boats!”
“Row, row, row your boat gently down the stream.”
“Everybody knows that the boat is leaking.”
“Row, row, row your boat gently down the stream.”
“Like the stillness in the wind before the hurricane begins, the hour that the ship comes in.”
“Row, row, row your boat gently down the stream.”