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crackerjackgreenback / Tip'd

Don't Retire.

Some authors argue that a traditional retirement is literally impossible for the Baby Boom generation and generations thereafter. The reasons behind the argument are fairly compelling. What do you think? read more »
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Competitive Advantage and Long-Term Fund Performance

In any industry, it's difficult to maintain a competitive advantage for very long. So why would we expect that a fund manager could maintain one for decades at a time in a hypercompetitive industry? read more »
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Hows Your Financial Fitness

William Bernstein argues that people need to train in order to improve their "financial fitness." By adopting a strategy of annual rebalancing, we can train ourselves to buy low and sell high. read more »
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Volatility is harmless...sometimes

Volatility isn't necessarily a bad thing. Whether it's harmful, beneficial, or meaningless depends entirely upon your personal situation. read more »
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Diversification: The Only Free Lunch

Diversification is an amazing thing: It increases the predictability of your return without decreasing your expected return. That's about as close as you can get to the proverbial "free lunch"! read more »
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Treating Mutual Funds Like Stocks

Unfortunately, many investors make the mistake of dealing with mutual funds the same way they deal with individual stocks: They sell them after they've gone down. read more »
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Is the Behavior Gap real?

There's been a lot of talk lately about the "behavior gap" (that is, the difference between investor returns and investment returns). Is it real? Or are we only looking at part of the picture? read more »
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Side Effects of a Recession

Research indicates that investors who grow up during a period of low market returns will be "unusually cautious investors" for the rest of their lives. I hope not, otherwise we'll have even more problems. read more »
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Performance of Original Companies in S&P 500

A chart showing the performance of the original 500 companies in the S&P 500. Some pretty interesting lessons to be drawn. read more »
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GDP Down. I'm not worried.

As of last week's numbers, our GDP is down 1.1% from the peak (which occurred in Q2 2008). By way of comparison, from 1929 to 1932, real GDP dropped 27%. Let's stop pretending this is anything like the Great Depression. read more »
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My Issue with "Risk"

It causes confusion for investors when we lump so many distinct concepts together into the word "risk." (Examples: inflation risk, market risk, volatility risk, credit risk, currency risk, etc) Perhaps we should be more specific when writing. read more »
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Earn 15% Annually in the Stock Market!

I recently read David Chilton's The Wealthy Barber (copyright '98). Throughout the book he assumes 15% rates of return in the stock market. It amazes me that even the "experts" got carried away by the euphoria of the time. read more »
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Reversion to the Mean: Profiting from Stats Class

The concept of reversion to the mean is essential knowledge for anybody who wants to try to pick mutual funds. In short: Don't expect the "hot" fu[...] read more »
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My 30-Year Market Prediction

With a dividend yield of 3%, projected long-term market returns haven't looked this good in almost two decades. And yet, people are scared to invest[...] read more »
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Should I Invest in my Roth IRA or 401k?

A quick discussion explaining the pros and cons of a Roth IRA as compared to a 401k. read more »
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