Behavioral finance lesson – frequent flyer points?

Here is an email that I got last week from a financial planner: Dear Dan. My hourly model lets clients use whatever retail custodian they like.  For various reasons, I tend to recommend the two best as Vanguard and Fidelity.  I go…

Bankers’ salaries

In the wake of all this public anger over bankers’ salaries, and within weeks of taking office, Barack Obama is proposing “common sense” executive pay guidelines—at least in companies receiving government money. These measures call for executive salaries not to exceed $500,000;…