FundAdvice.com Articles


Comfort vs. a dash of reality
User Rating: / 4
Do you take comfort in the long-term upward trend of the U.S. stock market? Maybe there’s less comfort in that trend than you think. A recent email message from a reader gives five examples worth passing on.

Understanding the importance of your pain threshold
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One of our investment management clients is a steel company whose retirement fund we manage a portion of using market timing. The head of this company's human resources department told me a story about what happened right after the Dow Jones Industrial Index plunged over 500 points in a single day in October 1987. The day of that crash, he said, almost all the employees who had discretion over their retirement accounts gave him instructions to get them out of the stock market.

Lessons learned at Harvard: easy solutions to baffling problems
User Rating: / 11
Late in April I had the privilege of taking part in the Sixth Conference on the Psychology of Investing at Harvard University. It left me feeling more convinced than ever of how important it is for investors to follow something other than their emotions.

What's your investment personality?
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A simple test may reveal what kind of investor you are. If you know that, you’ll have a much better chance of resisting Wall Street’s misleading siren songs – and the market’s emotional roller-coaster. You’ll find the test and some analysis in this article.

Worldwide wakeup call
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It’s much too soon to have any historical perspective, but it seems obvious that the terrorist attacks on the World Trade Center and the Pentagon could prove to be a turning point in American history. One classical definition of “crisis” is a time of change, and the current situation certainly seems to fill the bill.

Don't do what I do: Confessions of a stock investor
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If you’re a typical investor, you own at least a few individual stocks. If you work for a public company, you probably own some stock in it.

Chasing performance
User Rating: / 124
Hulbert Financial Digest, which has been tracking the recommendations of investment newsletters for 21 years, has issued its latest rankings of the best and worst performances of 2002.

The future of the stock market
User Rating: / 4
We talk to potential new clients all the time, people who agree with our ideas about diversification, people who like the way we manage money. But many of them don’t want to commit. They want to stay in cash, or wherever else they are currently invested, until they are sure the market is going up again.

Tom Cock: Teaching our kids the wrong things
User Rating: / 28
I love contests.  In fact, I love them so much that I have refereed hundreds of soccer games over the past decade.  But I hate stock-picking contests, especially those designed for teenagers.  That’s why I was mortified to read about a recent contest “won” by a Seattle school.

My 500-year estate plan
User Rating: / 99

Paul Merriman's estate plan is the topic of Chapter 16 in his book,  “Live It Up without Outliving Your Money,” published in 2005 by John Wiley & Sons. In this article, Paul summarizes that discussion and adds some new material. 
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