Research
Best Opportunity to Buy Inflation Bonds in the Last Decade
We are referring to US Treasury Inflation Protected Securities (TIPS). These securities are linked to CPI inflation and have a place in some investment portfolios as a hedge against inflation.
Does Diversification Really Work?
Investors have been indoctrinated to believe that diversification is unequivocally good, and that it lowers risk. You might ask, what risk are we lowering? And does diversification help when you need it most?
There is Always Something to Worry About
Interest rate changes have continued to support relentlessly strong US dollar moves against European currencies. Republicans and Democrats continue to debate the best way to address the nations aging infrastructure problems. A massive hurricane recently caused deaths and severe damage to parts of Florida.
Do You Really Need the NYCDCP 457 Plan After 59 1/2 Years Old?
In general, the answer is no. Although, if you over 59 ½ years old and are still working for FDNY/NYPD it may make sense to continue to contribute to the NYCDCP 457 plan.
Is Terminal Leave Deferral Worth the Wait?
The subject of terminal leave is often a common topic discussed among FD-PD pre-retirees. Terminal leave is a benefit generally given to Service or Disability retirees. The benefit is equal to 3 terminal leave days for every year completed plus 1 terminal leave day for every 4 additional months completed.
The NYC Deferred Compensation Plan is Bouncing Checks
In the past few months, we have experienced several instances of the NYC Deferred Compensation Plan bouncing rollover checks it has issued directly to participants of the plan. We will examine why this is happening and offer two potential solutions that would improve upon the Deferred Compensation Plans current process.
Stable Value Funds & Black Swan Risk
Stable Value Funds are popular choices in retirement plans in general. They are usually marketed as vehicles investing in high quality fixed income securities with a focus on safety of principal and consistent returns. Many investors are attracted to the “guaranteed returns”. However, guaranteed does not mean risk-free. The guarantee is only as good as the party providing the guarantee.
Two of The Worst Investments for FDNY & NYPD Retirees
When FDNY Firefighters and NYPD Police Offers retire their investment opportunity set is no longer limited to what is available in the NYC Def Comp Plan and the Union Annuity Plans. However, the increase in flexibility also increases the risk of stepping on an investment landmine.