What Financial Advisors Are Reading This Week
15th Dec 2015
Who Will Dominate the Retirement Advice Business
The retirement advice business is fragmented, inefficient and serves only a small segment of the population. It’s a business model ripe for takeover by a few major players as most of the pieces required to build a dominant business model already exist, but haven’t been appropriately combined.
Via Value Walk
Only 3 Percent of Small Business Reported a Bad Year, Per SurePayroll
Only 3 percent of the small business owners surveyed said they had a bad 2015, according to a recent survey. Most said it was a positive year, and the break down highlights the varied environment that is the domain of the small business owner.
Via Small Biz Trends
No Employer? No Problem. Retirement Plans for the Self-Employed
Saving for retirement without the help of an employer-sponsored retirement plan is a challenge facing many of the more than 14 million Americans who are self-employed. One survey found that 28 percent of self-employed people aren’t saving for retirement while many who do save rely on traditional savings accounts, meaning they miss out on the benefits of tax-advantaged retirement accounts.
Via The Alert
Opinion: 40 Books Every Self-respecting Investor Needs to Read
Michael Batnick, aka the Irrelevant Investor, highlights 40 books he thinks investors should read ranging from Reminiscences of a Stock Operator to A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan.
21 Ways the Super Rich Spend Their Money
What do you do with billions of dollars? Here are 21 ways the super rich spend their fortune: $4 million Lamborghini, indoor and outdoor pools, megamansions for horses.
Via Business Insider