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23.58MDow Volume:
Avg Vol: 113.10M
Unchanged
211
Decliners
4312
Advancers
1544
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 16,118 -257 1.57%
Nasdaq
/quotes/zigman/12633936/realtime 4,691 -43 0.91%
S&P 500
/quotes/zigman/3870025/realtime 1,924 -27 1.37%
GlobalDow
/quotes/zigman/629063/realtime 2,283 -40 1.72%
Gold
/quotes/zigman/662444/delayed 1,119 -6 0.49%
Oil
/quotes/zigman/2331095/delayed 46.41 -0.34 0.73%
FTSE 100
/quotes/zigman/3173262/delayed 6,067 -127 2.05%
DAX
/quotes/zigman/2380246/delayed 10,057 -261 2.53%
CAC 40
/quotes/zigman/3173214/delayed 4,533 -121 2.60%
FTSE MIB
/quotes/zigman/1482176/delayed 21,531 -646 2.91%
IBEX 35
/quotes/zigman/2759620/delayed 9,819 -224 2.23%
Stoxx 600
/quotes/zigman/2380150/delayed 354 -8 2.24%
Asia Dow
/quotes/zigman/6959860/realtime 2,682 -30 1.12%
Nikkei 225
/quotes/zigman/5986735/delayed 17,792 -390 2.15%
Hang Seng
/quotes/zigman/2622475/delayed 20,841 -94 0.45%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,202 -563 2.18%
Singapore
/quotes/zigman/1709939/delayed 2,864 -43 1.47%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 0.00 0.11%
Yen
/quotes/zigman/16008150/realtime/sampled 119.28 -0.79 0.66%
Pound
/quotes/zigman/16008140/realtime/sampled 1.52 -0.01 0.45%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.69 -0.01 1.04%
DXY Index
/quotes/zigman/1652083/delayed 96.47 +0.07 0.07%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.97 +0.15 0.17%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 0.00 0.16%
German 10y
/quotes/zigman/15866409/realtime 0.68 -0.04 5.91%
Italy 10yr
/quotes/zigman/15866497/realtime 1.89 -0.04 1.93%
Spain 10yr
/quotes/zigman/15866444/realtime 2.08 -0.03 1.32%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.76 -0.04 2.20%
Japan 10yr
/quotes/zigman/15866525/realtime 0.37 -0.03 6.87%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.73%
Gold
/quotes/zigman/662444/delayed 1,119 -6 0.49%
Corn
/quotes/zigman/7599553/delayed 364 +2 0.62%
DJIA F
/quotes/zigman/38649152/delayed 16,122 -226 1.38%
S&P F
/quotes/zigman/30356461/delayed 1,923 -23 1.19%
Silver
/quotes/zigman/3134148/delayed 15 0 0.86%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 86.91 -1.24 -1.41%
AAPL /quotes/zigman/68270/composite 109.46 -0.91 -0.82%
GOOG /quotes/zigman/30194416/composite 597.55 -8.70 -1.44%
BAC /quotes/zigman/190927/composite 15.70 -0.24 -1.51%
C /quotes/zigman/5065548/composite 50.83 -0.96 -1.85%
F /quotes/zigman/264304/composite 13.58 -0.26 -1.88%
T /quotes/zigman/398198/composite 32.54 -0.50 -1.51%
BP /quotes/zigman/247026/composite 30.99 -1.42 -4.38%
GE /quotes/zigman/227468/composite 24.01 -0.50 -2.04%
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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

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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 Close in:

need to know
When do markets close for Labor Day?
Netflix's stock heads for sixth straight loss
BlackBerry shares up 4% after deal news
44 million tried Apple Music in its first month
Alibaba shares to be used for $2 bln loan
Europe set for weekly loss | FTSE 100 drops
Oil prices down ahead of key U.S. jobs report
Treasury yields fall | Dollar weakens
Big week of losses for Asian stocks
Amazon to buy video software company

Chinese Navy ships enter U.S. territory

Watch China’s 90-minute parade in 60 seconds
See photos of China's massive military parade
China markets close for war anniversary

Donald Trump stumbles during interview on foreign policy
Trump stumbles in interview on foreign policy
Trump signs Republican loyalty pledge
Carson and Trump: Their policy differences
Trump as president: Bound to be GREAT!

Oops — Rick Perry says broken clock right once a day

My father wanted to divide his estate, but my sister took it all
My sister took all of my father’s estate


Money flows back to stock funds as investors tiptoe in
Money flows back to stock funds

Bill Gross says Fed will do ‘too little, too late’

Obscure trading strategy draws Wall Street’s ire


Labor Day traffic will be the worst since 2008


Hey Twitter, is Jack Dorsey going to be CEO?

Germany at fault in Europe’s refugee crisis
Immigration to Germany at highest since 1992
Chaos in Budapest as migrants rush trains
Father of drowned Syrian boy describes voyage

Six actors who were almost cast as James Bond

Gates: How we can avoid worst of climate change

1 in 3 Americans who get an inheritance blow it
Brother wants loan repaid to father’s estate
I give my son money, his wife gives it to church


Facebook is most successful app, beating out Google, Apple
This is the most successful app ever


What it’s like to play tennis with a ‘smart’ racket

Does this survey confirm our worst fears about the sexes?
Does this confirm our worst fears about the sexes?

Karl Lagerfeld is coming to a store near you
Lagerfeld is coming to a store near you


/conga/frontpage.html 354170

Markets »

23.60MDow Volume:
Avg Vol: 113.10M
Unchanged
211
Decliners
4312
Advancers
1544
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 16,120 -255 1.55%
Nasdaq
/quotes/zigman/12633936/realtime 4,691 -42 0.89%
S&P 500
/quotes/zigman/3870025/realtime 1,925 -26 1.35%
GlobalDow
/quotes/zigman/629063/realtime 2,283 -40 1.72%
Gold
/quotes/zigman/662444/delayed 1,119 -5 0.48%
Oil
/quotes/zigman/2331095/delayed 46.48 -0.27 0.58%
FTSE 100
/quotes/zigman/3173262/delayed 6,068 -126 2.03%
DAX
/quotes/zigman/2380246/delayed 10,060 -258 2.50%
CAC 40
/quotes/zigman/3173214/delayed 4,533 -121 2.60%
FTSE MIB
/quotes/zigman/1482176/delayed 21,536 -641 2.89%
IBEX 35
/quotes/zigman/2759620/delayed 9,822 -220 2.19%
Stoxx 600
/quotes/zigman/2380150/delayed 354 -8 2.24%
Asia Dow
/quotes/zigman/6959860/realtime 2,682 -31 1.12%
Nikkei 225
/quotes/zigman/5986735/delayed 17,792 -390 2.15%
Hang Seng
/quotes/zigman/2622475/delayed 20,841 -94 0.45%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,202 -563 2.18%
Singapore
/quotes/zigman/1709939/delayed 2,864 -43 1.47%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 0.00 0.11%
Yen
/quotes/zigman/16008150/realtime/sampled 119.28 -0.79 0.66%
Pound
/quotes/zigman/16008140/realtime/sampled 1.52 -0.01 0.45%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.69 -0.01 1.04%
DXY Index
/quotes/zigman/1652083/delayed 96.47 +0.07 0.07%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.95 +0.14 0.16%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 0.00 0.20%
German 10y
/quotes/zigman/15866409/realtime 0.68 -0.04 5.91%
Italy 10yr
/quotes/zigman/15866497/realtime 1.89 -0.04 1.93%
Spain 10yr
/quotes/zigman/15866444/realtime 2.08 -0.03 1.40%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.76 -0.04 2.20%
Japan 10yr
/quotes/zigman/15866525/realtime 0.37 -0.03 6.87%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.58%
Gold
/quotes/zigman/662444/delayed 1,119 -5 0.48%
Corn
/quotes/zigman/7599553/delayed 364 +2 0.62%
DJIA F
/quotes/zigman/38649152/delayed 16,120 -228 1.39%
S&P F
/quotes/zigman/30356461/delayed 1,923 -23 1.20%
Silver
/quotes/zigman/3134148/delayed 15 0 0.80%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.23 -0.92 -1.04%
AAPL /quotes/zigman/68270/composite 109.55 -0.83 -0.75%
GOOG /quotes/zigman/30194416/composite 599.99 -6.26 -1.03%
BAC /quotes/zigman/190927/composite 15.70 -0.24 -1.51%
C /quotes/zigman/5065548/composite 50.86 -0.93 -1.80%
F /quotes/zigman/264304/composite 13.59 -0.26 -1.84%
T /quotes/zigman/398198/composite 32.54 -0.50 -1.52%
BP /quotes/zigman/247026/composite 30.95 -1.46 -4.51%
GE /quotes/zigman/227468/composite 24.02 -0.50 -2.02%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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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

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Trending Tickers
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X
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