Microsoft has put Richard Feynman‘s physics lectures online. Yale has partnered with iTunes U to put up 13 complete course lectures. The amount of high quality material online is becoming truly staggering.  With education costs continuing to grow much faster than incomes, I truly believe there is going to be a radical shift in the [...]

From Ron Griess of The Chart Store we get this wonderful graphic demonstrating just how abnormal historically the last 15 years have been.  Valuations are now the best they have been in over 15 years which means long term expected equity returns are also looking more favorable, but there is clearly room for more downside [...]

Defined benefit pensions are a dying breed.  While they are still common in federal and state government jobs, they are quickly disappearing in commercial companies.  So if a person wanted to create their own pension how much would that cost? Let’s take a quick look at the Federal Employees Retirement System (FERS). With 20 years [...]