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2010 News & Views
 
 
07-14-2010  First half 2010 NYC Deferred Comp Performance
The following is the first half 2010 (1-01-2010 through 6-30-2010) unofficial performance of the various funds offered by the NYC Deferred Compensation Plan:
 
Bond Fund = 6.16%
Stable Fund = 2.18%
Small Cap = -1.76%
Mid-Cap = -2.76%
Equity Index = -6.63%
Socially Responsible = -8.96%
International = -13.68%
Static Allocation = 1.13%
2000 = 0.38%
2005 = -0.55%
2010 = -1.78%
2015 = -3.6%
2020 = -4.83%
2025 = -5.76%
2030 = -6.51%
2035 = -6.89%
2040 = -7.6%
2045 = -8.31%
2050 = -9.9%
 
06-28-2010  Check out the Seminars web page for a listing of new dates/times for the online seminars.
 
06-05-2010  Seminar:  Nycretire, Inc. will offer an online seminar about the NYC SOC Annuity Trust Fund on Sunday June 13th 2010.  Click here for more details.
 
05-21-2010  NY Times Article: Padded Pensions Add to New York Fiscal Woes
 
But work with fee-only planners, who don’t sell products and who charge only for their advice. Planners who take commissions on products could steer you wrong (for example, by selling you those awful, complex annuities). Three places to find a fee-only planner near you: GarrettPlanningNetwork.com, ........
 
04-07-10  First Quarter 2010 NYC Deferred Comp Performance
The following is the first quarter 2010 unofficial performance of the various funds offered by the NYC Deferred Compensation Plan:
 
Small Cap = 9.96%
Mid Cap = 8.78%
Equity Index = 5.43%
Bond Fund= 2.45%
Social Responsible = 1.05%
Stable = 1.09%
International = (0.05%)
Static Allocation = 2.04%
2000 = 2.35%
2005 = 2.64%
2010 = 2.89%
2015 = 3.31%
2020 = 3.63%
2025 = 3.84%
2030 = 4.02%
2035 = 4.03%
2040 = 4.1%
2045 = 4.21%
 
 
03-15-10  Barron's (WSJ) Cover Article:  The $2 Trillion Hole
 
 
 
 
 
01-18-10  New York Times Article:  For Financial Advice, Arriving at the Proper Dosage
 
01-08-10  New York Times Article: New Rules Ease Roth Conversions, but Benefits Vary.
 
01-04-10  NYC Deferred Comp performance from 01-01-09 through 12-31-09.  Check the NYC Deferred Comp website for complete details.
 
Static Allocation Fund11.87%
1995 Fund12.09%
2000 Fund15.09%
2005 Fund17.63%
2010 Fund20.06%
2015 Fund24.3%
2020 Fund26.27%
2025 Fund27.5%
2030 Fund28.56%
2035 Fund28.91%
2040 Fund29.79%
2045 Fund30.58%
Stable Income Fund4.18%
Bond Fund12.82%
Equity Index Fund26.44%
Socially Responsible Fund37.52%
Mid-Cap Equity Fund46.4%
International Equity Fund32.35%
Small-Cap Equity Fund34.38%