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Wednesday, January 29, 2014

Reuters Money: What if retirement security is not about the money?

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01/29/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
What if retirement security is not about the money?
NEW YORK (Reuters) - Pop quiz: What would it take for you to have true retirement security?
Fidelity beat benchmarks by $35 billion, but does anyone care?
BOSTON (Reuters) - U.S. investors have all but tuned out the boldest and best mutual fund stock pickers, leaving billions of dollars on the table for each of the past five years.
Emerging markets pray for Wall St. tumble: James Saft
(Reuters) - What struggling emerging markets need right about now is a big sell-off - in the U.S.
Exelon quarrel with IRS could threaten tax-free exchange deals
WASHINGTON (Reuters) - Energy group Exelon Corp is fighting the U.S. Internal Revenue Service in court over a $517 million tax bill in a case that tax lawyers said could lead to new restrictions on businesses' ability to do tax-free property exchange deals.
Column: Where investors can find refuge in Japan
LONG BEACH, California (Reuters) - The yen fell about 18 percent against the dollar last year, a drop engineered by a Japanese government program to stimulate economic growth by boosting exports and kick-starting inflation.
Hedge fund urges breakup of iron ore producer Cliffs
(Reuters) - A New York-based hedge fund is pushing Cliffs Natural Resources Inc to spin off its "riskier" international operations after the U.S.-based producer of iron ore was the second-worst performing stock in the S&P 500 Index last year.
Narula flagship mortgage fund ekes out tiny gain as Fed cuts stimulus
(Reuters) - Deepak Narula's flagship Metacapital Mortgage Opportunities Fund, which outperformed every other hedge fund in 2012 with a 41 percent gain, faltered last year to end 2013 roughly flat after the Federal Reserve signaled it would change course on economic stimulus, the mortgage trader told his clients.
The 'side gig': It's a passion, a Plan B, an exit strategy
(The opinions expressed here are those of the author, a columnist for Reuters.)
Burger King 'sandwich deal' yields U.S. criminal insider charges
NEW YORK (Reuters) - U.S. prosecutors have criminally charged a former Wells Fargo & Co broker and a banker with insider trading in Burger King securities ahead of a 2010 buyout of the fast-food chain.
What would Keynes have done?
CHICAGO (Reuters) - What many people don't realize about economist John Maynard Keynes is that he was a professional investor, not just a thinker who addressed big issues. Although Keynes did not foresee the crash of 1929 and was nearly wiped out on three separate occasions, he made money during some of the most challenging years - and pioneered some durable investing principles along the way worth following in all market conditions.
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