FJY In The News: January 2012

January 2012 Newsletter now available

By FJY Financial | Published: January 23, 2012

January 23, 2012 | The January 2012 FJY Newsletter is now available for download on our website. Several great articles including: "Top 10 Estate Planning Mistakes" and "Bush tax cuts: What happens when they expire?" as well as the Year in Review and an update from Marjorie Fox.

7 Habits that Keep You in Debt (MSN Money)

By FJY Financial | Published: January 23, 2012

January 23, 2012 | If mood-boosting shopping sprees and racking up credit card rewards are a part of your lifestyle, you could be fueling a dangerous debt addiction. Results of Card Hub's latest credit card debt study show that Americans accumulated $18.4 billion in credit card debt in the second quarter of 2011 alone. Credit card debt continues to be a major problem for the average American consumer, yet many are still living a lifestyle that supports a costly debt habit.

Are bonds headed for a fall? (USA Today)

By FJY Financial | Published: January 18, 2012

January 18, 2012 | Matt Krantz of USA Today, writes in this article that it was well understood by many that the investment returns for government bonds were not to be as good as they have been, particularly in 2011. He asks, “When is this much-anticipated “great correction” coming?” Well, it didn’t happen in 2011. In fact, 2011 was a very good year to be holding bonds.

Making Money Make Money (Northern Virginia Magazine)

By FJY Financial | Published: January 16, 2012

January 16, 2012 | Marjorie Fox, principal and founder of Fox, Joss & Yankee LLC in Reston, says she tries to take some of the guesswork out of the retirement management process.

Can You Predict the Next Bubble? (Behavior Gap)

By FJY Financial | Published: January 11, 2012

January 11, 2012 | Being able to predict the future holds a lot of appeal, particularly bubbles. But trying to foresee when bubbles will pop is just another attempt to time the market.

What does a winning streak tell us? (Dimensional)

By FJY Financial | Published: January 9, 2012

January 9, 2012 | Bill Miller is one of the most closely watched money managers in the industry, so it was big news when he announced his decision to step down as portfolio manager of Legg Mason Capital Management Value Trust (LMVTX) in 2012. His departure also adds an intriguing chapter to the long running debate regarding the value of active stock selection.

No Lost Decade for S&P 500 as Market Value Bias Masks Rally (Bloomberg)

By FJY Financial | Published: January 4, 2012

January 4, 2012 | Even with the Standard & Poor’s 500 Index down 19 percent since the bursting of the technology bubble in 2000, it’s been no lost decade for stocks.

Retirement Rules of Thumb don’t always apply (USA Today)

By FJY Financial | Published: January 1, 2012

January 1, 2012 | You may have celebrated the new year in 2000 more worried about whether your computer would work than whether you'd have enough for retirement. After all, you'd been saving diligently, and returns from stocks and bonds were spectacular. The upcoming new year may find you far less confident than you were going into 2000. Stock returns have been wretched. You may be able to save less, either because you're squeezed by the cost of living, or because you've had to take a lower-paying job.