“The Price of Financial Advice Is, Finally, Falling” is the title of a 10/8/2018 Wall Street Journal article by Lisa Beilfuss. The byline reads, “As the
The third quarter saw very healthy gains for most segments of the U.S. equity market, a decent return for international developed, and approximately
As we have stated many times, it is crucial to understand how your financial advisor/planner is paid. The three basic compensation methods are commission
This weekend marks the tenth anniversary of the collapse of Lehman Brothers which many observers consider to be the transition point from a downturn in the
Americans who recently turned age 65 face a 52% chance of needing long-term care, according to the May 2016 study, “The State of Long-Term Care Insurance
For many if not the majority of those who are approaching retirement, it is difficult to overstate the importance of this question. With the diminishing of
When asked how people can improve their investment experience, our first response is to focus on the things they can control and not on the things over which
In behavioral finance, the endowment effect refers to the observed tendency of people to assign a higher value to an asset merely because they own it. On a
In general, interest income from municipal bonds is exempt from federal taxes, and for in-state municipal bonds, state taxes can be avoided as well. Given
Harry Markowitz, the Nobel laureate founder of Modern Portfolio Theory, called diversification “the only free lunch in finance.” Increased diversification
If we could summarize the first quarter of 2018 in a single word, it would, of course, be volatility. This was all too obvious from the repeated headlines
This past Tuesday (3/13/2018), the 10th Circuit Court of Appeals upheld a Kansas district court decision in favor of the Department of Labor, rejecting the