From the monthly archives:

April 2009

The carnival is still new, so I searched for the actual definition of Pecuniary and Delight. Here’s what I found on the web.
Pecuniary \Pe*cun”ia*ry\ (p[-e]*k[=u]n”y[asl]*r[i^]*l[y^]), a.
[L. pecuniarius, fr. pecunia money, orig., property in
cattle, fr. pecus cattle: cf. F. p['e]cuniaire. See Fee,
and cf. Peculiar.]
1. Relating to money; monetary; as, a pecuniary penalty; a
pecuniary reward. –Burke.
[1913 [...]

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Fees in Your 401(k)

by MoneyNing · 1 comment

Last week I came across a study done by the Investment Company Institute together with Deloitte regarding the expenses charged by 401(k) and other defined contribution plans. Here’s the short version:
The median fee for the 130 plans in the study was 0.72 percent of assets, within a range from 0.35 percent (the 10th percentile) to [...]

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Manny was my very first client. I met him 25 years ago but I remember him to this day.
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Education [...]

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