Investing is the activity of forecasting the yield over the life of an asset. Using Benjamin Graham’s definition, "an investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."
Simple, web-based portfolio management tools have been proliferating over the past couple of years.
As reported recently by Bloomberg, companies such as Folio Investing, MarketRiders and Flat Fee Portfolios are providing subscription-based...
There is a strong case to be made for health care as the linchpin of retirement planning. Virtually...
Meir Statman is the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University, and Visiting Professor at Tilburg University in the Netherlands.
His research on behavioral finance has been supported by the National Science Foundation, CFA Institute, and Investment Management Consultants Association (IMCA) and...
Coverage of annuities by the broader financial media tends to be negative, with much of the criticism focused on annuity expenses.
The criticism is typically accompanied by a blue-sky investing scenario that makes the case for annuities that much less compelling. The theoretical retail investor in such a blue-sky scenario invests with perfect discipline, efficiency and rationality in the lowest cost index fund over some absurdly arbitrary time-...
Financial advisors and retirees should be aware of the profound impact that a low...
