No Shockers From Midyear SPIVA
The midyear S&P Indices Versus Active (SPIVA) domestic scorecard provides another example of why (at least when it comes to the overall results of active management relative to appropriate benchmarks) the past is, in fact, prologue. Let’s review some of...
$50,000 (or More) May Be Yours for the Asking
Investing is a unique business. After all, you wouldn’t think of buying any commercial item (like a car) without first negotiating for the lowest price. And few people would consider buying a product if they had no information about its...
Don’t Sell During Volatility
As I observe in my book, “Think, Act, and Invest Like Warren Buffett,” one of the great anomalies in investing is that while investors idolize Warren Buffett, they tend to ignore his advice, especially when it comes to efforts to...
Is your financial advisor really putting you before profit?
How financial advisors are compensated doesn’t determine their character, but it does influence their behavior. As the debate over regulatory standards of conduct for financial advisors plays out in Washington, the issue for investors boils down to how their advisors...
Steps to find a financial advisor
Tim Maurer, director of personal finance for Buckingham and The BAM Alliance, discusses the four key criteria consumers should use to select the most qualified financial advisor for… Read the rest of the article on CNBC.
The Top 5 Most Ridiculous Reasons Not To Buy Life Insurance — With Anthony Anderson
Anthony Anderson is a funny dude. The Emmy-nominated actor has been making people laugh on television and in film for 20 years. But now he’s bringing his sense of humor to a surprisingly unfunny topic—the need for life insurance. The...
Use Life Hacks to Minimize Bad Decisions
A few years ago, a friend of mine who happens to be a really well-known journalist had a conversation with a really well-known academic. Because the conversation was private, I’m not mentioning names. But I did want to share one...
Contagion & Corporate Credit
Contrary to what most investors believe, empirical studies of corporate bond premia have found that only a small fraction of observed credit spreads can be explained by expected losses from defaults. For example, research has found that the contemporaneous return...
The Secret to Investing in Volatile Times
The financial media loves volatile markets. When the market drops, investors understandably become anxious. They have questions like: What is causing the decline? How low will the market fall? Should I sit on the sidelines until things “settle down”? Are...
Dealing With an Investing Blind Spot
Psst. Excuse me. I’ve got a secret. I feel like I should be talking really quietly right now, but first I need to warn you. This secret is going to seem incredibly obvious. You may even wonder why I’m going...