7/17/2014 | 9:00 AM
Though it is extremely difficult to overcome the high cost hurdle of active management and attempting to time the market, many managers and investors go down trying. Their constant pursuit of “alpha,” the risk-adjusted measure of return above an appropriate benchmark, more often than not brings about complexity, stress, and a lighter wallet
7/15/2014 | 2:19 PM
Has anyone ever asked you, “Hey, what do you think of Crossfit?” Crossfit is a popular fitness program that involves many types of exercises, including a form of powerlifting. In a recent conversation I had with a friend, they commented that Chiropractors love Crossfit because it provides them with so much business! Very similar to Orthopaedics loving 40 plus year olds that still play competitive basketball!
6/30/2014 | 3:53 PM
NBC News recently reported that “Americans are giving more to charitable causes than ever before…Total giving by individuals, companies and foundations hit a record $335.17 billion last year, driven mainly by wealthy individuals, according to the annual report from Giving USA Foundation and the Indiana University Lilly Family School.”
6/25/2014 | 3:49 PM
Industry data suggests we are nearing the largest generational transfer of wealth in our nation’s history. Somewhere in the range of $10-$12 trillion (that’s trillion with a “T”) will be changing hands among family, friends, charities and institutions over the next decade. The subsequent transfer of wealth for the following generation could be in the neighborhood of $30 trillion (an even bigger “T”) with resources leaving the baby boom generation during the upcoming 30-40 years.
6/17/2014 | 10:45 AM
The latest issue of Investment News I pulled from my mailbox included the headline, “Clients Warily Turn to Stocks”. Nothing new, same sad story of folks who have continued to avoid market exposure and thus significant growth and/or recovery in their portfolio. What really caught my attention was the sub-headline: “Unloved bull market has advisers thinking the time is right to put clients’ cash to work.”