KIM: Have index funds become ‘Frankenstein’s monster?’
Jack Bogle, the inventor of index mutual funds, said just weeks before his death on Jan. 16 at age 89 that index funds had become the “most successful innovation in modern financial history”.
Jack Bogle, the inventor of index mutual funds, said just weeks before his death on Jan. 16 at age 89 that index funds had become the “most successful innovation in modern financial history”.
behaviors gained to help live a healthier life can also be used to improve financial health.
Focus on what you can control and try not to fret about what you can’t. Extreme short-term volatility can be a gift to long-term investors, if you let it.
Sort through and prioritize multiple requests you might receive to make sure your money is going where it will make the most impact.
It is so easy to get caught up in the hunt and forget why an item you didn’t know existed 20 minutes before now feels like a necessary purchase.
With college costs escalating rapidly, reducing future debt by starting to save as much and as soon as you can for a child’s college education is vitally important.
We so often look at the world and our personal situation and see what’s wrong or what’s missing. Gratitude is an ongoing action, a state of being or a way of life.
You might not realize it, but when you decided to invest in stocks, you bought a ticket to ride an emotional roller-coaster.
Learn about elder abuse and be proactive in financially protecting loved ones.
Cannabis may be the wave of the future, but that doesn’t mean the stocks are a good investment.
Risk tolerance, risk capacity and risk perception are the fundamental elements of your risk profile. The best way to construct your portfolio and ensure you can hang on for the whole ride is when you evaluate and discuss these risk elements individually and not as a composite assessment.
The fact remains that both the stock market’s advance from the March 2009 lows and the economic expansion are long in the tooth.
We are now in the, “We know it is coming; we just don’t know when” phase.
When a company raises capital to fund its growth by selling stock to the public, part of the bargain is that it incurs obligations to disclose certain information to investors that is reliable.
His signature song, “The Gambler,” contains sage advice for investors.
The Federal Reserve Bank of New York has stated that “misaligned incentives contributed greatly to the financial crisis.”
I think boarding a train is an apt metaphor for retirement. We leave the comfort and confines of the known and step willingly unto an unknown future with many possible destinations.
If the Purdue degree is valuable and leads to a well-paying job, Purdue and the student both benefit. If not, Purdue absorbs some or even all the financial pain.
Closed-end funds are often actively managed, tend to have a narrow investment focus, use illiquid or thinly traded investments, and are structured to provide income.
You can bet if there are narcissistic tendencies locked inside a lucky founder/CEO, fortune, fame and power will set them free.