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Weekly Music Recommendation

September 15, 2013 By Lowell Herr

Photograph: Arches National Park – Image captured just as the sun was rising. My music selection this week is Yo-Yo Ma playing Ennio Morricone.  This CD includes some of the most beautiful and haunting compositions ever collected on one platter.  As you listen to this music you will be drawn back to films as Ennio Morricone […]

Filed Under: Music Tagged With: CD Recommendations

Preparing For Retirement Requires Discipline

September 18, 2013 By Lowell Herr

I wish I could show this post to every new graduate, be they high school or college.  The following three screenshots point out just how difficult it is to get ready for those retirement years.  In the first slide I lay out the assumptions for this investor.  In the second slide we have twenty index […]

Filed Under: Retirement Planning

Top Twenty-Five Classical Composers

September 29, 2013 By Lowell Herr

Top Classical Music Composers When I first started to make a list of of my favorite classical composers, the idea was to limit it to the Top Ten.  I found that to be impossible so I expanded it to 25.  Even then, several of my favorites did not make the list.  Here is my selection […]

Filed Under: Music Tagged With: Classical Music

Great Operatic Choruses

October 6, 2013 By Lowell Herr

If you enjoy majestic choral work conducted by Robert Shaw, this CD is for you.  Grand and Glorious: Great Operatic Choruses is one fine collection.  I am partial to the Pilgrim’s Chorus, Chorus of Hebrew Slaves, Prisoner’s Chorus, and the selection from Carmen. Here is one positive review from an Amazon listener. “I’m not a […]

Filed Under: Music Tagged With: Classical Music

Advisors Do Not Add Alpha

October 9, 2013 By Lowell Herr

ITA Wealth Management is all about learning to manage your own portfolio instead of hiring a professional money manager.  Here is added evidence that consultants and advisors are not adding alpha to some of the most recognized portfolios in the land. Check out this PDF file, “The Futility of the Endowment Model.” There several salient […]

Filed Under: Beginning Investors, Critical Material, Miscellaneous, Music, Photography Tagged With: Beginning Investors, Critical Material

Retirement Planning Mistake #1

October 25, 2013 By Lowell Herr

Mistake number one in my book is failure to save or to not follow The Golden Rule of Investing.  Open up a spreadsheet and run your own calculations for the following classic comparison. As a nineteen year old you have the foresight and financial opportunity to save $2,000 per year for eight years.  After saving […]

Filed Under: Beginning Investors, Critical Material, Retirement Planning Tagged With: Retirement Planning

Retirement Planning Mistake #2

October 26, 2013 By Lowell Herr

Prospective investors carry too much credit card debt.  This mistake is a corollary of Mistake #1.  Stay out of credit card (CC) debt.  Mistake #2 is not so much an investor mistake, but rather a mistake of bad management as it has nothing to do with managing a portfolio.  If one ever aspires to be […]

Filed Under: Beginning Investors, Critical Material, Retirement Planning Tagged With: Retirement Planning

Retirement Planning Mistake #3

October 28, 2013 By Lowell Herr

  Many investors are too conservative at an early age.  In other words, they are “stock market shy.”  Don’t load up your portfolio with bonds when you are in your twenties and you have forty years to save. Let me illustrate this mistake with a real example. Husband and wife saved identical amounts during their […]

Filed Under: Beginning Investors, Critical Material, Retirement Planning Tagged With: Retirement Planning

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