Today’s missive covers three of our favorite subjects: innumeracy, psychology and investing. It comes to us courtesy of an article in Outside magazine discussing “the epidemic behind selfie deaths: 259 people died between 2011 and 2017.”
It is a simple question: how much does it cost to get a comprehensive financial plan?
It’s been a month since JPMorgan issued a press release announcing JPM Coin, and everyone is as confused now as they were then.
A common disclaimer in the investment business is that “past performance is not indicative of future results.” This is consistent with the Theory of Finance which argues that obvious advantages disappear quickly in a competitive market.
Everyone is asking: Can a Wirehouse RIA work?
Financial advisers will generally recommend what has become the standard asset allocation, which is 80 percent in stocks and 20 percent in bonds, with investors allocating more to bonds as they age. But even that is too risky.
New exchange-traded funds must endure a brutal Darwinian struggle for attention and assets. To attract enough capital to survive amid the competition, new ETFs need a good investment idea and a catchy marketing approach.
Big asset management companies are warning about a stock-bond correlation disaster that can play havoc with even 60-40 stock-bond portfolios when inflation rises.
Quick — what’s the first word you associate with Vanguard Group Inc., the $5.1 trillion investing giant? John Hollyer, global head of fixed income at Vanguard, would much prefer you use the term “low cost.”
I’m proud to announce the launch of AdvisorHub Boutique — a valuable source of information for advisors seeking customization for…
Senator Elizabeth Warren’s proposed wealth tax is a more promising idea, I think, than Alexandria Ocasio-Cortez’s plan for a top marginal income-tax rate of 70 percent. A levy that high on very high incomes is likely to be fiscally self-defeating, but an annual 2-3 percent tax on wealth would be a big revenue-raiser even if confined to the very rich.