In Which Risks Are Worth Taking Jim Parker a vice president at Dimensional Fund Advisors writes “Even the most self-declared risk-averse people take risks every day.” Parker notes that routine risks to our safety include crossing the road exercising at the gym choosing lunch and using electrical equipment.
The title of a new article on Knowledge@Wharton caught my eye: “If Index Funds Perform Better Why Are Actively Managed Funds More Popular?” Although multiple academic studies have found that index funds which seek to match the performance of a broad market sector consistently perform better t
Last week on March 9 2011 the world celebrated the two-year anniversaryof the low point in the global markets the point of maximum pain and panic following the 2008 financial crisis and Great Recession.
Russell Kinnel Morningstar’s director of mutual fund research wrote an article on August 9 2010 titled “How Expense Ratios and Star Ratings Predict Success.” It is a must read and can be found online at Morningstar by clicking on this link.
How many of us would list luck as the key ingredient for a top performing mutual fund? That’s certainly not the message we receive from most mutual fund companies that stress the expertise and trading skill of their top managers.
How often have you seen headlines on personal finance magazines touting Five Star Mutual Funds? You may figure that list generated by Morningstar constitutes great shopping ground. In fact many professional financial advisors begin their analysis by evaluating those five-star funds.
Of all the investment advice I’ve ever heard the economist Gene Fama Jr.’s is my favorite: “Your money is like soap. The more you handle it the less you will have.”