by RCD-DEV | Mar 8, 2012 | Finance
The Mistake Of A Lifetime Human behavior is interesting. Sometimes we get so anchored in our thinking that we miss the long-term big picture. One of the best examples of this is our thinking about our financial decisions and age 65. Conventional thinking is that...
by RCD-DEV | Feb 17, 2012 | Finance
Wasting Away Remember around 1980 when money market funds earned as much at 17% per year? Compared to the paltry rates we see today, the interest rates of the late 70s and 80s seem fantastic. We yearn for the chance to get higher rates on bank CDs and cash...
by RCD-DEV | Jan 18, 2012 | Finance
Many Ways To Slice The Pie The fees charged by mutual funds and the commission to sell them matters. It matters because the higher the fee, the lower your return; and the lower the return, the less wealth accumulation for investors. Right now, there are over 26,000...
by RCD-DEV | Dec 23, 2011 | Finance
Separation Of Church And Investment Advice Recently my nephew asked me to review his rollover IRA statement and immediately I recognized the investment company. A few months ago, an attorney had me review a file for possible litigation. After over 50 cases of...
by RCD-DEV | Dec 2, 2011 | Finance
Fighting The Mind And The Chinese Fortune Cookie Behavioral finance looks at why investors reflect biases in their decisions and focus on emotional choices, loss aversion, return chasing behaviors, overconfidence and wishful thinking. Even incentives and education...
