Equity indexed annuities have some advantages for investors, but it may be cheaper to 'roll your own,' says the Wall Street Journal columnist and author.
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB--for now, anyway.
It very much remains to be proven whether tactical asset allocation is or even can be more effective, not just for individual investors, but for professionals, says the Wall Street Journal columnist.