Milton Friedman: Defender of Free Markets

Milton Friedman: Defender of Free Markets: The Future for Investors - Yahoo! Finance

Another obit from another friend of Milton Friedman. Jeremy Siegel worked with Friedman at the Univeristy of Chicago. He notes that Friedmans most important work was showing how a poor economic situation was turned into a depression in the 1930's because the central bank failed to act. Friedman's legacy will be that of showing how free markets and free people lead to economic prosperity.

Scott Dauenhauer, CFP, MSFP

Lessons from an Economic Maestro: How Not to Ruin Your Life

Lessons from an Economic Maestro: How Not to Ruin Your Life - Yahoo! Finance

Interesting piece by Ben Stein about Milton Friedman's legacy and how it applies to today. I had no idea Ben and Milton knew each other. Its a good read if you have a few minutes.

We will miss Milton Friedman.

Scott Dauenhauer, CFP, MSFP

How to Beat Hedge Funds

How to Beat Hedge Funds - December 1, 2006

Great article by one of my favorite columinsts, Jason Zweig.

He opines about why Hedge Funds aren't all they are cracked up to be. While Hedge funds have been the investment du jour of the past few years, they are not a good idea for the average person. In fact, Hedge funds aren't that great a deal for wealthy people.

Don't fall prey to the "sexy" investments being sold today.

Scott Dauenhauer, CFP, MSFP

Indexed Annuities: Too Good to be True?

Kiplinger Retirement Report: Indexed Annuities: Too Good to be True?

I still have not changed my mind on these products and doubt I ever will. They are not appropriate for anyone in my opinion. I've never come across a situation where they were a wise solution.

Thank you Lynn for mentioning my name in the article!

Scott Dauenhauer, CFP, MSFP

Friedman and Freedom

OpinionJournal - Featured Article

A brief history of Milton Friedman (Wall Street Journal's Obituary).

An obituary well worth your time to read.

Scott Dauenhauer, CFP, MSFP