Relevant and even prescient commentary on news, politics and the economy.

Angry Bear U.: Savings 101a, Defining and Measuring Personal Savings

In response to some vigorous discussion in the comments last week, the other Bears and I decided to host a blog seminar in ‘Savings 101,’ and I was duly nominated (i.e. drafted) to get the ball rolling. This installment will primarily cover the definition of personal savings and major features of how it’s measured for […]

Blaming the Badly Allocated for Choices Not Necessarily Their Own

Tom’s working on explaining Savings 101, so this is specifically to deal with the “issue with” retirement accounts. Via Lawrence G. Lux, we find the A.P. (and maybe the NYT) highlighting a “study” by an investment management firm that “discovers” problems with the way people manage their 401(k)s: Some of the diversification problems stemmed from […]