State and cities are in a world of pain at the moment as they face another year of gut wrenching (and politically unpopular) service cutbacks and layoffs. Once again they must balance their budgets in the face of possible declines in Federal funds to states and drooping real estate tax revenue. That cold reality combined [...]
Archive for January, 2011
Municipal Bonds: Buying Opportunity?
Posted in Bonds, Income Investing, tagged Bill Gross, Bond Funds, Creekside Partners, General Obligation Bonds, MUB, Municipal Bond Investing, Municipal Bonds, Munis, PIMCO, Rick Ashburn on January 31, 2011 | Leave a Comment »
Rick Ferri on Passive Investing, ETFs, 401(k)s and More
Posted in ETFs, Passive Investing, Portfolio Investing 101, tagged BND, Portfolio Solutions, Rick Ferri, VBMFX, VEU, VFWIX, VGSIX, VNQ, VTI, VTSMX on January 20, 2011 | 3 Comments »
Rick Ferri is not sitting on the fence in the active versus passive investing debate. He has both legs firmly planted in the passive camp, as the cover of his new book amply illustrates. Above the title, The Power of Passive Investing, is a picture of a businessman pulling open his jacket to show a [...]
Financial Advisor Roundtable: Investing Outlook 2011
Posted in Financial Advisors, Investors, Market Timing on January 19, 2011 | 1 Comment »
No one knows for sure what 2011 will bring in the markets. Will the sun continue to shine on stocks? Are the bond markets in for a stormy year? Is gold a bubble or destined to set a few more price records? No one knows the answer to all these questions with complete certainty, but [...]
Amanda Steinberg of DailyWorth Talks About Her Investing Journey
Posted in Investors, Long-term investing, Personalization, tagged Amanda Steinberg, DailyWorth, women investing on January 14, 2011 | Leave a Comment »
Amanda Steinberg realized a few years ago that she’d gotten pretty good at one part of the money equation : earning it. What she wasn’t doing as well at was saving and investing it. An entrepreneur since graduating from college, Steinberg decided to create a web site and hire a few experts to help her [...]
Global Investing for Dividends
Posted in Dividends, Global Investing, Income Investing, Stock Investing, tagged CPL, FTE, MCSI EAFE, PM, RWEOY, SPX, TLSYY on January 12, 2011 | 3 Comments »
In recent debate over our piece on the tradeoffs of investing in dividend stocks in place of bonds, there was quite a lively discussion around investing in global dividend stocks. Much of it along the lines of “How come no one ever writes about income investing outside the US?”
Investing in Commodities
Posted in Commodities, Diversification, tagged Commodities, Emerging Markets, GLD, Larry Swedroe, Launny Steffens on January 6, 2011 | Leave a Comment »
Given the record values commodities hit in 2010 and the fact that they’ve suffered a slump so far in this still-new year, should anyone be thinking about adding commodities to their portfolio now? Some experts say yes.
Why Investing in Stocks in the Headlines Is Not a Good Idea
Posted in Behavioral Finance, Stock Investing, tagged Behavioral Finance, investing, news, stock investing, Terrance Odean on January 6, 2011 | 4 Comments »
Behavioral finance research has shown that individual investors too often invest in stocks that are in the news, and that those stocks then lose money. A recent story in the New York Times illustrates why this may become an even less successful stock investing strategy: program traders are beating average investors to the punch.
Gross National Happiness
Posted in Behavioral Finance, tagged Bureau of Labor Statistics, Daniel Kahneman, Financial Times, Gross Domestic Product, Gross National Happiness, national happiness, Statistics on January 3, 2011 | 3 Comments »
Recently we found a fascinating lecture from Nobel prize winner Daniel Kahneman on the price — and nature — of happiness. His published work on the subject determined that $75,000 per year was the magic number. Below that we’re unhappy. There and up, relatively content. The Financial Times has published a deep dive into the [...]

