culture, politics, commentary, criticism

Tuesday, February 10, 2004
First Command, second choice. I am suddenly getting a flurry of Google hits for First Command, the financial planning firm that I
wrote about before because of its unconscionable treatment of US military personnel.

I assume it's because military people are looking for alternatives. It's hard to know what to do with your personal investments, but that's the price we all pay as Americans for the privatization of our retirement funding — a cherished Republican ideal that doesn't help those of us without expensive financial advisors.

So let me tell you what I do, because I don't have a financial advisor either, and I don't like the idea of paying huge loads (sales commissions) to financial "planners" whose whole idea of planning is taking your money.

Find some no-load mutual funds that are specifically designed for retirement and put your money there. They are the right mix of stocks and bonds and international and all that stuff you don't want to worry about.

In my case, I use the Fidelity Freedom funds, like the Fidelity Freedom 2020 or Fidelity Freedom 2030 or Fidelity Freedom 2040 funds (the number means the approximate year you expect to retire. Go to or Yahoo Finance and poke around for more information.

If you are in the military and you want more information about investing for retirement, email me and if there are enough of you I'll start an online course right here. Free, of course.

I think it's such a crying shame what they're doing to you. In light of very little evidence justifying our actions, there isn't a day goes by that I'm not grateful for the enormous sacrifices you've made.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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