Human Overconfidence + A Post-Crisis World = Even More Indebtedness
I am endlessly fascinated by the unwitting and reflexive expressions of our genetic programing. No matter how much we may believe we are rational creatures...
What is a Unit Investment Trust (UIT)?
Despite offering certain distinct advantages for an investor, unit investment trusts (UITs) are not nearly as familiar to most people as, say, mutual funds. According...
Client Expectations Matter!
Dr. Harry Markowitz won a Nobel Prize for his pioneering quantitative research and economic theories. He is credited with developing much of the intellectual framework...
Defining Income in Retirement: Safe Money vs. Risk Money
How much money do you need to retire? We’ve all seen the commercials asking, “what’s your number?” The commercials are referring to the amount of...
A Brokers Contractual Obligations
Clearly, in a managed account a broker enters into a contractual arrangement with an investor to “handle” or “manage” their money. The agreement spells out...
Obscured Risk Associated with Hedging
This article is a continuation of my remarks begun last week. The central points were: There are many ways one can be wrong when hedging...
Hedging – A Protection From Losses?
This article serves as an introduction, and to establish context for remarks over my next two articles. James “Jamie” Dimon is the current chairman, president and chief executive officer...
Can Investors Create Financial Advisor Quality Ratings?
They can if they use the free tools on the Paladin Research & Registry website (www.PaladinRegistry.com). Free Paladin tools create the ratings investors need to...
DEMAND YOUR “Investor Bill Of Rights”
State securities regulators have generally been more aggressive in protecting investors than FINRA or the SEC. These enforcement tactics by some state agencies have even...
Investor Risk, Value and Price
In large measure, the resolution of the international debt crisis revolves around whether the largest and most credit worthy nations (United States, Germany and Japan)...
