High Growth Countries No Sure Thing
Conventional wisdom can be defined as ideas so ingrained in our belief system that they are accepted without challenge. Unfortunately, much of the conventional wisdom about investing is incorrect. For example, the conventional wisdom that investors seeking high returns should...
A Joyful Way to Look at Budgeting
For most people the “B-Word” (budgeting) conjures up feelings of deprivation and self-denial. As such, when it comes to deciding how to allocate your hard-earned cash, I far prefer a concept I call “joy-based spending” to traditional budgeting. Here’s how...
Remember The Nonfinancial Assets
One of the more common investment mistakes that individual investors—and sometimes even professional advisors—make when they’re developing a comprehensive financial plan is failing to account for important nonfinancial assets. Financial assets are easily observable and typically liquid. Thus, they’re often...
The Worst Financial Advice to Give a College Grad
I think just about the worst financial advice you can give to a recent college graduate is: “Buy stocks in companies whose products and services you like.” On the surface, advice to “buy what you know” is well-intentioned. After all,...
High Frequency Trading & Price Efficiency
The effect of high-frequency trading on market quality has generated strong interest among academics, investors and regulators alike. To further explore the impact high-frequency trading can have on the markets, Jennifer Conrad, Sunil Wahal and Jin Xiang—authors of the study...
Questions That Need Answers
It’s no wonder that you are confused. The financial media inundates investors every day with a barrage of irrelevant — and often misleading — information. You might think every conceivable question about investing has been fully explored by now and...