Many Ways To Slice The Pie

Many Ways To Slice The Pie

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...
Many Ways To Slice The Pie

Separation Of Church And Investment Advice

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...
Many Ways To Slice The Pie

Fighting The Mind And The Chinese Fortune Cookie

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...
Many Ways To Slice The Pie

Say What You Do; Do What You Say

Say What You Do; Do What You Say Behavioral economics, a body of research and knowledge developed over the past two decades, has helped financial advisors understand the investment behavior of clients.  Advisors are now better equipped to understand the reaction...
Many Ways To Slice The Pie

Get Real

Get Real Investing isn’t easy and superior investing is even harder.  It’s easy to be average, but most investors want more than average – and they want it for a long time.  Many investment professionals tell their clients that they know how to get superior investment...
Many Ways To Slice The Pie

New Efforts To Simplify End-Of-Life Care Wishes

New Efforts To Simplify End-Of-Life Care Wishes Advance directives, which allow people to plan ahead for end-of-life care, can be too vague to cover many medical situations. Now, a growing number of states are promoting another program to help guide physicians with a...