Opinion
How Much Does A (Comprehensive) Financial Plan Actually Cost?
It is a simple question: how much does it cost to get a comprehensive financial plan?
JPM Coin Is the Wildest Big Bank Idea in Many Years: Opinion
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 Manager’s Past Performance Matters More Than Ever: Vasant Dhar
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.
Sirianni: Wirehouse RIAs: The beginning of the end, or a new beginning?
Everyone is asking: Can a Wirehouse RIA work?
Less Stress Is the Key to Investing Success: Jared Dillian
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.
Life Is Nasty, Brutish and Short for a New ETF: Barry Ritholtz
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.
Stocks, Bonds and Other Diversification Pairings at Risk: Steven Sears
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.
Vanguard Defends the Value of Active Bond Funds: Brian Chappatta
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.”
From the Publisher: Introducing AdvisorHub Boutique
I’m proud to announce the launch of AdvisorHub Boutique — a valuable source of information for advisors seeking customization for…
Warren Has a Point About Fairness, Wealth and Taxes: Clive Crook
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.
Opinion: Stock-Picking Contests Can Be Dangerous for Retail Investors
But the problem with these contests isn’t transparency or lack thereof, but rather that the entire exercise is futile because the outcomes are entirely random.