The Great Recession has caused many to rethink their retirement plans. According to TIAA-CREF, the economic downturn has caused 37 percent of Americans to put off retirement. With nest eggs … Read more →

Retirement investors who want investment advice are faced with two basic choices: pay high fees for professional mutual fund managers to beat the market (called “active” investing) or buy low-fee … Read more →

Not everyone is a do-it-yourself investor. According to Forrester Research, 30 percent of all investors want to delegate their investment decisions to someone else. Unfortunately, most “delegators” will spend more … Read more →

It has been proven that most active investors who struggle to out-perform the market will find that over time, their machinations and efforts were all for naught. A recent study … Read more →

In their 1978 album, Minute By Minute, the Doobie Brothers tell the tale of a man who is self-deceived, believing a lie of his own fabrication. Somehow, this poor sap … Read more →

During his summer break from college, my son tried to sell me on the merits of the popular TV series, Burn Notice. In this TV drama, Jeffrey Donovan plays Michael … Read more →

The bestselling book “Freakonomics” chronicles the search for the hidden incentives behind all sorts of behavior. It characterizes the field of economics as the study of incentives – how people … Read more →

“An investment in knowledge pays the best interest.” – Benjamin Franklin During Soviet era communism, citizen behavior was managed through a monopoly on information. It was the duty of the … Read more →

The latest biography on the world’s most famous investor is titled “The Snowball – Warren Buffett and the Business of Life.” The term “snowball” is a metaphor for a core … Read more →

Summer is a lazy time of the year, and the market was certainly relaxed until mid-July. The major indices dropped by over 2% as bad news spooked investors. The talking … Read more →