A Zen Approach to Long-term Investing
There is one core tenet to my investment philosophy: Focus on important factors that you can control.
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Investing: Don’t Pay for Past Performance
Investing for retirement should be a long-term process. It would be nice to extrapolate meaning from three- or five-year performance, but more often than not we may actually be chasing returns that are likely to regress to the mean in the future.
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Investment Management Isn’t Rocket Science
Financial professionals recognize that many smart people, even those with large sums of money, don’t have a deep understanding of investing. What they’ve found is that if they can make something seem extra difficult, they can convince you that they must be doing a good job.
READ MOREInvesting
Summer recap Our “summer vacation” edition reviews the investing scene at mid-year: Bond yields remain low, equities have performed reasonably well, and commodities have tumbled. While the latest data from the Bureau of Economic Analysis revised GDP fi …
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Financial First Steps: How to Establish Credit
For those who aren’t students and are attempting to build credit, there is a hurdle to overcome, because lenders abide by the unwritten law, “you must have credit to get credit.” Fortunately, there are a number of ways to overcome this.
READ MOREThe Case for Increasing Stock Exposure in Retirement
Workers who are saving for retirement through IRAs and 401(k)s probably have been asked about asset allocation—how much they want to invest in stocks, bonds, or other investments, and the level of risk they are willing to tolerate with their retirement savings. Those who are already in retirement face a new challenge: how to allocate their investments to generate the income they will need for the rest of their life.
READ MOREA New Insight for Investors: How Financial Markets Interact with the Economy
Do changes in the economy affect the stock and bond markets? From day to day, fluctuating prices in the financial markets are of great interest for high-frequency traders. But daily market movement is so volatile that economists call it a “random walk” whose next steps are unpredictable. To date, no clear pattern of daily movement has been found by researchers.
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Rethinking “Safe” Investing as Retirement Approaches
When it comes to retirement drawdown strategies, what you read in the popular and financial press is often focused on households with higher-than-average savings.
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What Happens when Uncle Sam’s Sugar Daddy Runs out of Canes?
The Wall Street Journal’s Real Time Economics Blog recently reported that, according to new CBO projections, the Federal Reserve will cease its annual “payments” to the US government by 2018. You’re probably wondering two things: 1. Why the heck would …
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Gold Can Save Us From Disaster
A new gold standard is crucial. The disasters that the Federal Reserve and other central banks are inflicting on us with their funny-money policies are enormous and underappreciated.
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Does the Fed Really Monetize Government Debt?
If monetizing debt is understood to mean printing money to pay for government deficits, then the Fed is guilty.
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Fractional Reserves and Economic Instability
Fractional-reserve banking has historically been viewed by some economists and most monetary cranks as a panacea for the economy
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