HAHN: What Kenny Rogers can teach us about investing
His signature song, “The Gambler,” contains sage advice for investors.
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.
Funding a college education is an investment and, as with any investment, there should be a positive return.
the FAANGs have become “one-decision stocks”—stocks you should buy, no matter how expensive, and hold forever.
Even though Congress eliminated some Social Security planning strategies, maximizing lifetime Social Security benefits still can be tricky.
Not only are humans highly emotional and lacking in self-control, they are influenced by all sorts of biases and supposedly irrelevant factors.
Many investors just pick a fund, or use the 401(k) default, and hope for the best. Understanding the terminology and approach of target-date funds will help minimize investment surprises.
A shrinking-but-still-significant population of public companies provides quarterly “guidance” to analysts, which is essentially management’s own estimate of future earnings.
Today, investors are increasingly interested in aligning their investment strategy with their values. While this is not a new style, it is growing in popularity.
“Salt-of-the-earth” people of modest means can still manage to amass multimillion-dollar estates, through discipline and the miracle of compounded interest.
The national debt is climbing with no end in sight. Government debt currently tops $21 trillion.
Investing is simple, but it’s not easy.
There is a “presidential cycle” for stocks, a pattern coinciding with various years of a presidency.
A great way to improve your skills in any craft is to analyze the methods of other successful people in the field.
Referring to picking stocks, Warren Buffett famously said, “Price is what you pay; value is what you get.” As it turns out, the same can be said for betting the Derby.
A tip of the cap to the board and management of Evansville-based Vectren on the sale of the company to Houston-based CenterPoint Energy.