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...
by RCD-DEV | Nov 15, 2011 | Finance
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...
by RCD-DEV | Oct 17, 2011 | Finance
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...
by RCD-DEV | Apr 13, 2011 | Finance
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...