Protecting Against Inflation: Evaluating Inflation Hedge Misconceptions and Strategies
The financial media are full of conjecture about which strategies might effectively hedge inflation risk or not. Here we explore which asset classes, if any, have been effective at protecting against inflation risk. First, it is helpful to address some...
How to Master Your Finances
Paul Lem, a medical doctor, scientist and entrepreneur wrote an extraordinary book, “Master Life Faster: How To Be Happy, Healthy, Wealthy, Smart and Social” in 2008. I met Dr. Lem during a recent speaking tour for my own book in Ottawa, Ontario,...
The Knockout Punch In The IRA Grudge Match
There’s an ongoing battle in the financial realm pitting the Roth IRA against its older cousin, the Traditional IRA. Most of the debate, however, is rendered irrelevant because it doesn’t consider the Traditional IRA’s fatal flaw. Tale of the Tape:...
It’s Easy to Forget About Risk in a Stable Market
Stability itself is destabilizing. This is one of the defining ideas of the economist Hyman Minsky. And it matters because when we have periods of relative stability or happy results in the stock market (like now), we start to tell...
Protecting Against Inflation: Evaluating Inflation Hedge Misconceptions and Strategies
By Jared Kizer The financial media are full of conjecture about which strategies might effectively hedge inflation risk or not. Here we explore which asset classes, if any, have been effective at protecting against inflation risk. First, it is helpful...
Why Do Investors Keep Buying Actively Managed Funds?
An overwhelming body of evidence shows that actively managed mutual funds underperform their appropriate risk-adjusted benchmarks. In addition, little to no evidence points to persistence of performance beyond the randomly expected, which means past performance isn’t prologue. That’s the reason...
From the Sharpie of Carl Richards: A Great Source of Happiness
Carl Richards, director of investor education for the BAM ALLIANCE, explains in his book The Behavior Gap on the difference between financial planning and life planning: “I spend a lot of time talking and writing about worst-case scenarios: investors behaving...
Happy in Retirement: The Power of Planning
A recent Northwest Mutual study shows a connection between being a disciplined financial planner and being happy in retirement. The study shows that highly disciplined planners — those who know their goals, have detailed plans to meet them and don’t...
Make Positive Changes to Increase Happiness
Dan Solin is a New York Times best-selling author of the Smartest series of books. The following excerpt from his latest book, The Smartest Sales Book You’ll Ever Read, shows how you have the power to increase your level of...
