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New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 -1.0% /quotes/zigman/38649152/delayed DOW -1.0% /quotes/zigman/30356458/delayed NASDAQ -0.8%

need to know
Twitter's stock jumps after analyst upgrade
Intel upgraded on improving outlook for PCs
BNY Mellon races to fix pricing glitches
Oil prices stumble as the week begins
Europe stocks slip | Dollar falls
Nassim Taleb’s ‘Black Swan’ fund made $1 bln
Alaska’s Mount McKinley to be renamed Denali
Bloomberg News to lay off 80 by Labor Day
5 silly new words in the Oxford dictionary

Investing in energy stocks could land you in a huge ‘value trap’
Energy stocks could be a huge ‘value trap’
Italy’s Eni discovers ‘supergiant’ gas field

Apple will double the cost of next Apple TV
Apple will double the cost of next Apple TV

Apple, Amazon, Google stock on shopping lists

Scott Walker's backers seek a reboot of his campaign
Scott Walker’s backers seek reboot of campaign
Scott Walker wants a wall — with Canada
Biden polls better than Clinton against top GOP

Why BlackBerry is a more attractive buyout target than Twitter
BlackBerry is a better buyout target than Twitter

China ‘punishes’ nearly 200 over rumors

China undermines the U.S. Defense Department

Sunday is Warren Buffett's 85th birthday
Happy 85th birthday to the $67 billion man


Now is the time to fix your investment portfolio
Now is the time to fix your investment portfolio
Both worry, be happy stocks aren’t a sure bet

Facebook users flood Mark Zuckerberg with thank you’s
Facebook users flood Zuckerberg with thanks


‘War Room’ is a ‘resounding success’ at box office

10 money stories you might have missed but shouldn’t have
10 money stories you shouldn’t have missed

By this measure, stocks have weathered the worst
By this measure, stocks have weathered the worst

Blue-chips with fat dividends offer value


Have kiddie birthday parties gone too far?

Parents: You’re putting your kids in danger
Parents: You’re putting your kids in danger

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others

Harry Styles makes more waves for SeaWorld
Harry Styles makes more waves for SeaWorld

Most imposing stock ‘wall of worry’ in 5 years
Worried? With good advice, you won't be

/conga/frontpage.html 353670

Latest News

    /news/latest
  1. 8:46a

    Medicines Co. stock price target raised to $45 from $34 at J.P. Morgan

  2. 8:44a

    Netflix passes on Epix content deal, Hulu steps in

  3. 8:35a

    GT Advanced Tech to cut headcount and related operating costs by about 40%

  4. 8:34a

    Netflix passes on Epix content deal, Hulu steps in

  5. 8:30a

    11 secrets to happiness, inspired by the cheeseburgers of Warren and Jimmy Buffett

  6. 8:21a

    Join MarketWatch’s new team of real-estate ‘Location Scouts’

  7. 8:18a

    Lantheus Holdings downgraded to neutral from outperform at RW Baird

  8. 8:18a

    Planet Fitness started at outperform with $22 stock price target at RW Baird

  9. 8:17a

    Planet Fitness started at overweight with $19 stock price target at Credit Suisse

  10. 8:16a

    SunEdison started at overweight with $24 stock price target at J.P. Morgan

  11. 8:15a

    Planet Fitness started at overweight with $20 stock price target at J.P. Morgan

  12. 8:12a

    Amplify Snack Brands started at buy with $18 stock price target at SunTrust Robinson Humphrey

  13. 8:11a

    Exelon and Pepco push their merger proposal after D.C. Commission votes to block it

  14. 8:11a

    Leggett & Platt stock price target set at $48 at Raymond James

  15. 8:11a

    Leggett & Platt upgraded to outperform from market perform at Raymond James

  16. 8:08a

    Twitter's stock jumps after analyst upgrade

  17. 8:04a

    Exelon and Pepco make case for merger proposal, say deal will benefit customers

  18. 7:54a

    Twitter's stock jumps 3.1% premarket after analyst upgrade

  19. 7:54a

    Twitter upgraded to buy from neutral at SunTrust Robinson Humphrey

  20. 7:53a

    Basic Energy Services upgraded to hold from sell at Wunderlich Securities

  21. Loading more headlines...

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,365 -9 0.37%
Gold
/quotes/zigman/662444/delayed 1,127 -7 0.61%
Oil
/quotes/zigman/2331095/delayed 44.04 -1.18 2.61%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,203 -95 0.92%
CAC 40
/quotes/zigman/3173214/delayed 4,629 -47 1.00%
FTSE MIB
/quotes/zigman/1482176/delayed 21,889 -104 0.48%
IBEX 35
/quotes/zigman/2759620/delayed 10,234 -119 1.15%
Stoxx 600
/quotes/zigman/2380150/delayed 362 -1 0.36%
Asia Dow
/quotes/zigman/6959860/realtime 2,785 -13 0.46%
Nikkei 225
/quotes/zigman/5986735/delayed 18,890 -246 1.28%
Hang Seng
/quotes/zigman/2622475/delayed 21,671 +58 0.27%
Shanghai
/quotes/zigman/1859015/delayed 3,206 -26 0.82%
Sensex
/quotes/zigman/1652085/delayed 26,283 -109 0.41%
Singapore
/quotes/zigman/1709939/delayed 2,921 -35 1.17%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.38%
Yen
/quotes/zigman/16008150/realtime/sampled 121.27 -0.43 0.35%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.12%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 -0.01 0.78%
DXY Index
/quotes/zigman/1652083/delayed 95.90 -0.08 0.08%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.52 +0.01 0.01%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.15 -0.03 1.46%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.33%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.45%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 0.00 0.19%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 0.00 0.55%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.61%
Gold
/quotes/zigman/662444/delayed 1,127 -7 0.61%
Corn
/quotes/zigman/7599553/delayed 372 -3 0.73%
DJIA F
/quotes/zigman/38649152/delayed 16,494 -165 0.99%
S&P F
/quotes/zigman/30356461/delayed 1,971 -19 0.97%
Silver
/quotes/zigman/3134148/delayed 14 0 0.68%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/23556538/composite TWTR+1.40%
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SmartMoney Blogs

Encore
A blog about living in and planning for retirement

Why Asset Allocation May Not Matter

Are you worried about having the right mix of stocks and bonds in your nest egg? A new study indicates that asset allocation might not be as important to your long-term financial health as making better use of other retirement-planning tools, including working longer, controlling spending or taking out a reverse mortgage.

The report, from the Center for Retirement Research at Boston College, is titled, appropriately enough: “How Important Is Asset Allocation to Financial Security in Retirement?” The various holdings within a person’s retirement accounts typically play an early and prominent role in dealings with financial advisers. But given the relatively small size of most nest eggs (less than $100,000 for those approaching retirement), researchers at Boston College set out to determine whether other “levers” could have an equally large – or larger – effect on financial security in later life.

To that end, the study engages in three exercises. First, researchers looked (by means of an Excel spreadsheet) at the tradeoff between investment returns and time spent in the labor force. Second, using actual household data from the University of Michigan’s Health and Retirement Study, the center examined how the gap between retirement resources and retirement needs is affected by different strategies (controlling spending, etc.).

Third and last, researchers looked at the value for the average household of moving to an optimal investment portfolio from a typical conservative portfolio.

With all three exercises, the findings were essentially the same: Asset allocation played a relatively minor role in creating a secure retirement. The one exception, in some instances: households in the top decile of wealth distribution (more than $500,000). But even here, the study notes, the “importance of asset allocation was…less than one would expect.”

The upshot: Financial planning tools, the report concludes, “frequently highlight the asset allocation decision, suggesting that individuals have a lot to gain by adopting a more optimal allocation of stocks and bonds.” But financial advisers “will be of greater help to their clients if they focus on a broad array of tools – including working longer, controlling spending, and taking out a reverse mortgage.”

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 17)

View all Comments »
    • In fact when someone doesnit understand after that its up to other visitors that they will help, so here it takes place.

    • Shocking to find out that asset allocation doesnt matter if you dont have any assets!!!
      Save a lot, then get a good asset allocation to make it grow!

    • my neighbor’s mother-in-law brought in $17078 past week. she is making an income on the computer and bought a $387800 house. All she did was get blessed and apply the clues laid out on this site (Click on menu Home more information) http://goo.gl/U7KuT

    • I suspect this isn’t the best placement for this article due to (hopefully) the readers here are either worth over $1/2M or young, and saving.

    • Asset Allocation is important if you have assets to allocate. If you don’t have the money, as several previous comments mention, asset allocation certainly doesn’t matter. For this comment I define asset allocation as the percentage of stocks, bonds, cash or other investment vehicles—–not including the domicile. Of course, where you invest whatever you have, total return is the key. As one comments points out it certainly is better to expand your $100K to $200K by the correct investment rather than cutting it to $50K in the wrong investment.I n over 22.5 years I can tell you that the best place is enough equities (stocks or stock mutual funds)to make you portfolio grow. We have generally maintained about a 70% stock, 25% bond and 5% cash over that period. We control our withdrawals very-very carefully and have been able to grow the asset base 283% in the 22.5 years giving us a cushion as we age out of our mid-70′s.

About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 -1.0% /quotes/zigman/38649152/delayed DOW -1.0% /quotes/zigman/30356458/delayed NASDAQ -0.8%

need to know
Twitter's stock jumps after analyst upgrade
Intel upgraded on improving outlook for PCs
BNY Mellon races to fix pricing glitches
Oil prices stumble as the week begins
Europe stocks slip | Dollar falls
Nassim Taleb’s ‘Black Swan’ fund made $1 bln
Alaska’s Mount McKinley to be renamed Denali
Bloomberg News to lay off 80 by Labor Day
5 silly new words in the Oxford dictionary

Investing in energy stocks could land you in a huge ‘value trap’
Energy stocks could be a huge ‘value trap’
Italy’s Eni discovers ‘supergiant’ gas field

Apple will double the cost of next Apple TV
Apple will double the cost of next Apple TV

Apple, Amazon, Google stock on shopping lists

Scott Walker's backers seek a reboot of his campaign
Scott Walker’s backers seek reboot of campaign
Scott Walker wants a wall — with Canada
Biden polls better than Clinton against top GOP

Why BlackBerry is a more attractive buyout target than Twitter
BlackBerry is a better buyout target than Twitter

China ‘punishes’ nearly 200 over rumors

China undermines the U.S. Defense Department

Sunday is Warren Buffett's 85th birthday
Happy 85th birthday to the $67 billion man


Now is the time to fix your investment portfolio
Now is the time to fix your investment portfolio
Both worry, be happy stocks aren’t a sure bet

Facebook users flood Mark Zuckerberg with thank you’s
Facebook users flood Zuckerberg with thanks


‘War Room’ is a ‘resounding success’ at box office

10 money stories you might have missed but shouldn’t have
10 money stories you shouldn’t have missed

By this measure, stocks have weathered the worst
By this measure, stocks have weathered the worst

Blue-chips with fat dividends offer value


Have kiddie birthday parties gone too far?

Parents: You’re putting your kids in danger
Parents: You’re putting your kids in danger

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others

Harry Styles makes more waves for SeaWorld
Harry Styles makes more waves for SeaWorld

Most imposing stock ‘wall of worry’ in 5 years
Worried? With good advice, you won't be

/conga/frontpage.html 353670

Latest News

    /news/latest
  1. 8:46a

    Medicines Co. stock price target raised to $45 from $34 at J.P. Morgan

  2. 8:44a

    Netflix passes on Epix content deal, Hulu steps in

  3. 8:35a

    GT Advanced Tech to cut headcount and related operating costs by about 40%

  4. 8:34a

    Netflix passes on Epix content deal, Hulu steps in

  5. 8:30a

    11 secrets to happiness, inspired by the cheeseburgers of Warren and Jimmy Buffett

  6. 8:21a

    Join MarketWatch’s new team of real-estate ‘Location Scouts’

  7. 8:18a

    Lantheus Holdings downgraded to neutral from outperform at RW Baird

  8. 8:18a

    Planet Fitness started at outperform with $22 stock price target at RW Baird

  9. 8:17a

    Planet Fitness started at overweight with $19 stock price target at Credit Suisse

  10. 8:16a

    SunEdison started at overweight with $24 stock price target at J.P. Morgan

  11. 8:15a

    Planet Fitness started at overweight with $20 stock price target at J.P. Morgan

  12. 8:12a

    Amplify Snack Brands started at buy with $18 stock price target at SunTrust Robinson Humphrey

  13. 8:11a

    Exelon and Pepco push their merger proposal after D.C. Commission votes to block it

  14. 8:11a

    Leggett & Platt stock price target set at $48 at Raymond James

  15. 8:11a

    Leggett & Platt upgraded to outperform from market perform at Raymond James

  16. 8:08a

    Twitter's stock jumps after analyst upgrade

  17. 8:04a

    Exelon and Pepco make case for merger proposal, say deal will benefit customers

  18. 7:54a

    Twitter's stock jumps 3.1% premarket after analyst upgrade

  19. 7:54a

    Twitter upgraded to buy from neutral at SunTrust Robinson Humphrey

  20. 7:53a

    Basic Energy Services upgraded to hold from sell at Wunderlich Securities

  21. Loading more headlines...

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,365 -9 0.37%
Gold
/quotes/zigman/662444/delayed 1,127 -7 0.61%
Oil
/quotes/zigman/2331095/delayed 44.02 -1.20 2.65%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,205 -94 0.91%
CAC 40
/quotes/zigman/3173214/delayed 4,629 -47 1.00%
FTSE MIB
/quotes/zigman/1482176/delayed 21,894 -100 0.46%
IBEX 35
/quotes/zigman/2759620/delayed 10,234 -119 1.15%
Stoxx 600
/quotes/zigman/2380150/delayed 362 -1 0.36%
Asia Dow
/quotes/zigman/6959860/realtime 2,785 -13 0.46%
Nikkei 225
/quotes/zigman/5986735/delayed 18,890 -246 1.28%
Hang Seng
/quotes/zigman/2622475/delayed 21,671 +58 0.27%
Shanghai
/quotes/zigman/1859015/delayed 3,206 -26 0.82%
Sensex
/quotes/zigman/1652085/delayed 26,283 -109 0.41%
Singapore
/quotes/zigman/1709939/delayed 2,921 -35 1.17%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.40%
Yen
/quotes/zigman/16008150/realtime/sampled 121.27 -0.43 0.35%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.11%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 -0.01 0.80%
DXY Index
/quotes/zigman/1652083/delayed 95.91 -0.08 0.08%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.52 +0.01 0.01%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.15 -0.03 1.46%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.33%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.45%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 0.00 0.19%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 0.00 0.55%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.65%
Gold
/quotes/zigman/662444/delayed 1,127 -7 0.61%
Corn
/quotes/zigman/7599553/delayed 373 -3 0.67%
DJIA F
/quotes/zigman/38649152/delayed 16,494 -165 0.99%
S&P F
/quotes/zigman/30356461/delayed 1,971 -19 0.95%
Silver
/quotes/zigman/3134148/delayed 14 0 0.68%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/23556538/composite TWTR+1.40%
  • /quotes/zigman/57221/composite ARIA+41.69%
  • /quotes/zigman/83890/composite MDCO+5.95%
  • /quotes/zigman/92224/composite ALNY+3.98%
  • /quotes/zigman/53883068/composite PLNT+4.55%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
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