Welcome to The Giant Dipper — the large glowing sign flashes as it invites visitors at Santa Cruz Beach Boardwalk to give the historic wooden roller coaster a try. For … Read more →

“Oh, you are a stock market guy? I’d love you to talk to my son Johnny. He is really interested in investing. When he was a freshman in high school, … Read more →

Online portfolio management company, Betterment, stirred up quite a controversy this month brashly challenging both the efficacy and ethicality of the investment advisory business in its blog post, “Financial Advisers Are … Read more →

I was in a great debate with a mathematician who builds algorithms for a multibillion-dollar hedge fund. He was adamant that his market timing and stock picking algorithms did better than … Read more →

Successful portfolio management is a dance between risk, return, and cost. Risk and return make great dance partners while cost is the obnoxious drunk who tries to butt in. Investing … Read more →

Most investors have never heard of Dimensional Fund Advisors. This privately held firm manages nearly $250 billion of index funds, but you can only own its funds through an investment … Read more →

An Open Letter to Facebook and Instragram Millionaires A veritable horde of newly minted Facebook and Instagram millionaires has the wealth management industry frothing. By simply walking into the foyer … Read more →

Like-minded rivals battle to be king of low costs Vanguard Group has become the world’s largest fund company, with more than $1.7 trillion under management. Founder John Bogle discovered that … Read more →

In their 1978 song, “What a Fool Believes,” the Doobie Brothers spin a tale of a man who is self-deceived, trusting a lie of his own making. Somehow, this poor … Read more →

Nearly every retirement portfolio should contain real estate, but most investors can’t buy a building. Fortunately, it’s easy to own property without ever fixing a toilet, or worrying about a … Read more →