index fund

Explaining Stock Market Volatility: Two Competing Theories

“Program Trading Gone Wild,” the Sequel? What’s behind gyrating stocks the last three weeks or so? (I know, it seems much longer). Here are two theories: One. Age-old human emotion — fickle, fear-and-greed driven human psychology — is the culprit. In particular, less experienced “retail” investors who chased high-flying tech stocks, and are now freaking...
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Realtors, Financial Advisers, and Fiduciary Duty

Transparent Compensation vs . . . Not “An astounding 75 percent of consumers believe, incorrectly, that all financial advisers already have to act in their best interest.” –“Is Your Financial Adviser Making Money Off Your Bad Investments?”; The NYT (Sept. 29, 2015). Want one more reason why millions of Mom-and-Pop investors are opting for low-cost index...
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