Briefly Noted Articles

Gold Mines Aren’t Perfect Substitutes for Gold

September 2015
A new study used exchange-traded funds to determine the diversification benefits of holding gold- mining stocks instead of gold. Read more »

Bias Influences 401(k) Plans’ Investing Offerings

September 2015
When mutual fund companies are asked to help manage defined-contribution plans and set the menu of investment offerings, they often favor their own funds. Read more »

A Universal Guideline for Saving for Retirement

September 2015
How much do you need to save for a financially secure retirement? The answer differs for each investor, but there is a guideline that can be universally applied. Read more »

Six Steps for Making Retirement Savings Last

September 2015
The New York Times lists six steps that people nearing retirement can take to increase the odds of not outliving their savings. All Read more »

Biology and Life Experiences Influence Investing Style

August 2015
An investor’s preference for value or growth stocks is influenced by both biology and environmental factors, including family wealth and economic cycles. Read more »

How Americans Are Managing Their IRAs

August 2015
An analysis by the Investment Company Institute (ICI) provides insight into traditional individual retirement account (IRA) savings and withdrawal rates. Read more »

Financial Literacy Tied to Greater Retirement Savings

August 2015
An analysis of employee retirement plans found evidence supporting a link between greater financial literacy and greater retirement wealth. Read more »

Economic Changes Have Little Long-Term Impact on Stocks

August 2015
A large part of the long-term variation in stock prices is due to unexplained factors instead of economic changes. Read more »

Regulations Did Not Improve Analysts’ Accuracy

July 2015
Analysts’ earnings estimates did not become more accurate following the increased regulation put into effect in the last decade. Read more »

Fund Manager Skill Improves as Market-Cap Size Drops

July 2015
Investors may find more positive skill among mid-cap and small-cap mutual fund managers than among large-cap managers as an inverse relationship between skill and market capitalization exists. Read more »

Five Warning Signs of Financial Fraud

July 2015
Since older Americans are often targets of investment fraud, the Securities and Exchange Commission (SEC) issued an alert listing five “red flags” to look for. Read more »

Sunshine Impacts Tolerances for Risk and Uncertainty

July 2015
The level of light, and the change in light relative to the past two days, impact tolerance for financial risk and uncertainty. Read more »

SEC Approves Pilot Program for Small-Cap Stocks

June 2015
The two-year pilot program is designed to determine whether wider spreads improve trading of small stocks. Read more »

Supreme Court: Employers Must Monitor 401(k) Investment Options

June 2015
The U.S. Supreme Court ruled that employers have an obligation to properly monitor 401(k) investments to determine if lower-cost investment offerings are available. Read more »

Preference for Lower-Cost Funds Is Reducing Fees

June 2015
Investors, in aggregate, are paying less for mutual funds and exchange-traded funds (ETFs). Read more »

Gifting Assets: What Is the Right Amount?

June 2015
Five factors for structuring gift decisions and the reasoning behind them are outlined by Merrill Lynch’s Private Banking and & Investment Group. Read more »

Proposed Rules for Brokers Working With Senior Investors

May 2015
Based on analysis of how the investment industry interacts with those aged 65 or older, the SEC and FINRA created a list of steps that broker-dealers should consider incorporating into their procedures. Read more »

Financial Disruptions Alter Retirement Plans for Many

May 2015
Two-thirds of American adults have experienced a disruption in their work life that has had a significant negative affect their long-term financial plans. Read more »

Investors Have Difficulty Valuing Annuities

May 2015
In an attempt to understand why investors do not usually see annuities as a viable risk-transfer option, the Center for Retirement Research at Boston College (CRR) looked for a cognitive bias. Read more »

Fundraising Requirements Loosened for Smaller Companies

May 2015
The SEC adopted final rules allowing small companies to publicly raise money, which is a step toward allowing companies to sell equity via crowd funding. Read more »

Tailor Retirement Withdrawals Based on Your Tax Situation

April 2015
Morningstar’s Christine Benz recommends a flexible approach when choosing which account to take RMDs from in retirement. Read more »

The “Other” Costs of Financial Fraud

April 2015
Victims of financial fraud incur varying degrees of indirect and direct financial costs as a result of the criminal activity. Read more »

The Cost of Postponing IRA Contributions Until April

April 2015
A Vanguard study showed that though making IRA contributions in April is a common occurrence, a “procrastination penalty” exists. Read more »

Determining the Perfect Withdrawal Rate

April 2015
Two professors and a financial adviser have created a methodology they claim can identify the “perfect withdrawal amount.” Read more »



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