KeatsConnelly Cross-Border Weekly Best of the Web 2014-5-16

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we offer a look at trends in U.S. healthcare costs as determined by an AARP survey, a look at active versus index funds, and some very interesting insight into the millennial investing psyche.

2013 Health Care Cost Survey ( – This AARP survey looked at the public’s awareness and concern about health care costs that they may incur during retirement.  It also sought to determine whether or not non-retired adults are currently saving to cover health care expenses in the future…

Beware the pitch for actively managed funds. Stick with index funds. ( – There’s little denying that folks regularly consuming leafy green vegetables are healthier than those stuffing themselves daily with burgers and fries. Sure, you might find someone who shuns vegetables, dines exclusively on Big Macs and lives to 100. But that doesn’t mean you should give it a try.Arguments against actively managed mutual funds carry the same weight. Most financial advisers are much like McDonald’s Corp. shareholders. Their wallet sizes depend on massive consumptions of fat – fees, in this case. Academic studies draw the same conclusions: Most actively managed portfolios perform sluggishly…

Millennials are becoming financial Neanderthals ( – All age groups are investing less in stocks since the 2008 recession. But for millennials, the youngest group — who have most of their working lives left ahead of them, and can therefore afford to take the most risk — the fall has been particularly precipitous. Just 27 percent of 18- to 29-year-olds reported owning shares in individual companies or as part of a fund, down from 33 percent in April 2008, according to the latest Gallup poll on the matter. So what’s different for millennials? Over at Bloomberg, Jeanna Smialek argues that they have become extremely risk averse due to the two financial crashes we have seen in our lifetimes: “As the oldest millennials approached college graduation in 2002…

Come back next week for more interesting news and articles. Enjoy your weekend!

Tagged with: , , ,
Posted in Cross-Border Blog
Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

Crossing the Border?
Get Updates from Us