Money Life With Chuck Jaffe Daily Podcast

Dan Wiener on the futility of market timing, touting stocks and more

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Synopsis

Dan Wiener, co-editor of The Independent Vanguard Adviser -- his new effort at tracking the world's largest fund company after his long-running newsletter was shuttered by its publisher -- discusses the value and success of touts, tipsters, newsletters and online services as he shares his plans for how he will continue to independently cover and follow Vanguard. Chuck also goes "Off the News" with Brett Arends, retirement columnist for MarketWatch, discussing his recent piece on how much retirement an individual can purchase for $100,000 and the value of annuities as a tool for retirement planning and living, especially in times when savers are more nervous than ever about conditions that could imperil their future comfort levels. Plus, author Bruce Carruthers discusses "The Economy of Promises: Trust, Power and Credit in America" and the evolution of the lending and credit industries and how the dynamics have shifted from personal judgments of who to trust to quantitative, algorithmic impersonal assessments