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Does Aging Affect Your Financial Decision Making?
June 20th, 201109:36 AM ETBy Mark BillerClosing out the recent Morningstar investment conference was Harvard's Robert I. Goldman Professor of Economics David Laibson. He tackled the unpleasant but important topic of cognitive decline among the elderly and the impact it has on their financial and investing decisions. Combining information from this summary of Laibson's address ... -
Well-Reasoned Forecasts
January 20th, 201102:18 PM ETBy Mark BillerWe normally don't spend much (if any) time discussing various forecasts for the new year. That's because we think very little of most attempts at forecasting — it mostly amounts to guessing, and that we can do without. That said, I do still read some forecasts every year. I do this not because I'm particularly interested in what the authors... -
Thinking long-term when the market is wild
July 21st, 201003:11 PM ET"So how should one manage money in an era of unpredictability and volatility?" asks a story on the front page of Monday's "Money" section in USA Today. The Dow Jones industrials' 261-point plunge Friday sparked by a sharp drop in consumer sentiment in July highlights that gloominess persists....In recent weeks, a spate of economic reports h...
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A blog for people who want to find their purpose in managing and investing their financial resources
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