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Wealth Management Media Scan: What consumer financial publications wrote about this week.

Publication: American Banker
Publication Date: 20-MAY-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Building Blocks

The New York Times Your Money shifts gears with a new columnist who says he wants to treat personal finance the same way newspaper critics treat new films or restaurants.

Important new offerings whether mutual funds or a shopping search engine will merit a review, according to Ron Lieber. Until then, he presents five guidelines for any financial decision.

First, investing is actually simple and can be boiled down to: Index (mostly). Save a ton. Reallocate infrequently.

The second guideline is that it still may be worthwhile to pay for help. A financial planner, accountant, stockbroker, or lawyer provides discipline, and its difficult to get most of this stuff right, Mr. Lieber writes.

He goes on to write that peers may know more than professionals, and that Web communities...

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