Thursday, August 10, 2006

MotherRock Hedge Fund to Close After `Terrible Performance'

Bloomberg.com: Exclusive

Yet another Hedge fund blowup - this one run by a former President of the NYMEX (New York Mercantile Exchange). Another bites the dust. Hedge funds are as waste of your time and your money, don't be lured into these seemingly "sexy" investments. There are simple principles that should guide long term investors, if implemented and followed your performance will be just fine.

Scott

Friday, August 04, 2006

Equity indexed annuities can come back to bite you if cash needed

SignOnSanDiego.com > News > Business > Lynn O'Shaughnessy -- Equity indexed annuities can come back to bite you if cash needed

Quoted in the San Diego Union Tribune again on Equity Indexed Annuities.

Scott Dauenhauer, CFP, MSFP

WSJ.com - Yikes, Here Come The Retirement Raiders

WSJ.com - Yikes, Here Come The Retirement Raiders

I was quoted in this Wall Street Journal article.

Scott Dauenhauer, CFP, MSFP

Thick as a BRIC

Thick as a BRIC

William Bernstein is exactly right on with this article.

You will be hearing the term BRIC more and more often - it stands for Brazil, Russia, India, and China (B-R-I-C).

These funds will invest only in these countries, what a stupid concept, ignore it.

Bernstein goes more in depth than you probably want to know, but the bottomline is these funds don't fit into a diversified portfolio.

Scott Dauenhauer, CFP, MSFP

Start your own hedge fund

Start your own hedge fund - August 7, 2006

For all of you feeling left out of the Hedge fund craze, read this article. It basically summarizes how stupid Hedge funds are. Anybody can start one, there is little regulation, and you can even invent a track record.

The hedge funds that are good (very few) are not going to let you in and the ones that are willing to let you in (many) aren't any good.

The conflicts of interests abound - especially in fund of fund hedge funds where the sponsor looks for hedge funds that will share revenue, not neccessarily perform.

This is a great article, if it wasn't so sad it would be funny.

Scott Dauenhauer, CFP, MSFP