Word: kadlec
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Dates: during 2000-2009
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...Kadlec...
TIME senior writer Daniel Kadlec questions five pros: Ron Baron, manager of Baron Asset Fund; Eleanor Blayney, a financial planner at Sullivan Bruyette Speros & Blayney; Eric McKissack, a manager at Ariel Mutual Funds; Gary Pilgrim, president of PBHG Funds; and Gus Sauter, manager of the Vanguard 500 Index fund. Our panelists agree that diversified mutual funds are best for those with little penchant for serious stock research. For investors who want to buy individual stocks and are willing to do some homework, our pros offer tips on what to hold--and when to fold...
...Daniel Kadlec's "You're on your own" [COVER STORIES, Jan. 28] chillingly summed up the predicament of 21st century Americans: we have a surfeit of choices but no guidance. Not being proficient in financial matters, I have consulted advisers who know even less than I do as well as those who tout their one-size-fits-all plans in spite of their obvious unsuitability to my circumstances...
Aaron Goodman's evocative illustration for Kadlec's essay--a picture of a forlorn citizen adrift in a rowboat and desperately seeking help--was inaccurate in one respect. Most of us don't even have the benefit of a paddle. ROBERT L. WOLKE Pittsburgh...
...Daniel Kadlec. With reporting by Daren Fonda/New York