17 Aug
August 17, 2015

Since the depths of the financial crisis in 2009, stocks are up 245% (as of 6/30/15). As the bull market continues in its sixth year, many investors wonder if another bear market is forthcoming. As always, our answer is, “Of course; we just don’t know when!”

Although it would be helpful to have a crystal ball to foresee when the next bear market will occur, both evidence and experience suggest that events that move the markets are notable precisely because of

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17 Aug
August 17, 2015

With the boom in the number of mutual funds, ETFs, and other investment vehicles such as hedge funds over the past 20 years, there has been no shortage of places to put your money as an investor in the United States. However, you may find it surprising that the number of U.S. stocks actually peaked around 1996.

A new working paper from the National Bureau of Economic Research, “The U.S. Listing Gap” by Doidge, Karolyi, and Stulz, found that the number

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21 May
May 21, 2014

My last posting discussed the types of financial firms offering investment advice and the types of registration for the advisors they employ. Continuing this theme, today we provide clarity on the qualifications of financial advisors. In particular, we shed some light on the indecipherable collection of initials advisors put after their names.

Financial Advisor Qualifications
According to the Wall Street Journal, there are at least 210 different “professional designations” for financial advisors. The sheer number is bound to cause confusion. What do

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16 May
May 16, 2014

Investment advice and financial planning services come in many different shapes and sizes. Just researching the different types of firms can be overwhelming. So it isn’t surprising that many investors just ask friends or family who they use – often signing-up with the recommended advisor without examining alternatives or understanding what type of an advisory firm is right for their personal situation. This post attempts to provide some clarity on the types of financial firms offering investment advice.

Types of Financial

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20 Nov
November 20, 2013

As you consider saving for retirement, a simple rule of thumb can be very useful in determining what your investments will be worth in the future. It is called the “Rule of 72.” This simple rule quickly tells you how long it takes to double your money at a given rate of return (or interest rate). Here’s how it works: to determine the time required to double your money, divide 72 by the expected rate of return. The result

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