Ben Carlson of A Wealth of Common Sense has this to say regarding the recent Greek drama: "If you’ve been following the Greek saga from the start you begin to realize that even the experts on the situation are pretty much just making it up as they go. How often do the...
If you aren't familiar with Google Trends, I recommend checking it out. This useful tool measures how frequently a term is searched for in Google. Another feature lets you compare search terms to one another and analyze their relative popularity over time. This...
We've all heard the saying, "Practice makes perfect", before. It tends to be true whether you're talking about public speaking, golf, playing the drums, or becoming a great cook. It's been said that most successful individuals have failed more times than the novices...
Happy Stock Market Games, and may the odds be ever in your favor! If you took an investing class in high school or college, you likely played some variation of a stock market game. You know, that game where teams try to obtain the best investment returns over a...
Have you ever played a round of golf where you end the round saying, "If only I didn't quadruple bogey the 2nd and 11th holes, I'd have shot my personal best!". It's uncanny how a couple of bad holes can negatively affect your overall score. Tracy Fiedler of Invesco...
I read an excellent post by Morgan Housel recently that discussed financial goals and financial systems. We all have goals. They might be physical (like losing some weight by summertime), academic (like a achieving a specific grade this semester), or financial (like...
If that headline shocks you, you're not alone. I read this statistic in a recent Wall Street Journal article today and was pretty surprised. The author also shared some reasons people aren't investing: "21% said they weren't investing because they don't understand the...
I read a post today on the CFA Institute's website written by William C.G. Ortel. William asks the question, "Have you made a profit on your life?". I think this is an interesting way to think about spending and saving habits. We all allow ourselves to get so consumed...
Tom and I have used a doctor-advisor analogy before to explain the confusing topic of dual-registration. We wondered how people would feel if they went to their doctor and were prescribed medication, only to find out afterwards that their doctor was also employed as a...
We frequently blog here about what a fiduciary is and why that's crucial information for investors to understand. So far in 2015, this is a topic that's also received substantial media attention. Whether it's been President Obama or SEC Chairwoman Mary Jo White, the...
