KIM: Compounding, Rule of 72 work for you if you let them
Saving/investing more and earlier is a simplistic strategy, but it requires discipline, patience and hard work.
Saving/investing more and earlier is a simplistic strategy, but it requires discipline, patience and hard work.
At the end of 2011, over 1,300 exchange-traded funds held $1.1 trillion in assets, including 22 with more than $10 billion in assets and 157 over $1 billion.
I think our educational system needs to do a much better job of equipping students to make wise financial decisions.
The European debt crisis has reignited and quickly heated to a full boil. Stock markets across the globe have been slammed.
After a year of escalating hype, Facebook’s May 18 initial public offering failed to come anywhere near Wall Street’s glorified expectations.
Do you and your spouse (or significant other) share exactly the same opinion on financial matters, such as spending, saving, borrowing and investing? If so, you’re in a very small minority of couples.
When it comes to corporate governance, my firm has been roundly critical of the unending escalation in executive compensation.
At the top end of the predicted range of $28 to $35 per share, Facebook would raise up to $13.6 billion and sport a market value just shy of $100 billion.
Countries need to reduce debt by cutting costs and raising revenue, but those actions dampen growth.
At a recent price of $600 per share, Apple boasts a market value just shy of $560 billion, making it by far the most valuable company on the planet.
Perhaps now we will see more shareholders oppose excessive pay, putting more pressure on corporate boards to come up with reasonable compensation plans.
While we clearly can’t control the economy or the markets, our behavior is up to us.
Securities regulators are looking into several issues raised in the aftermath of the failed initial public offering of BATS Global Markets on March 23.
The legislation would change the formula used to calculate pension costs and effectively allow companies to lower their annual contributions.
“Scorecasting” authors say teams consistently place excessive value on high draft picks and routinely overpay, in terms of current and future picks, to move up the draft order.
The symbolic pie charts marketed to investors with multiple colored slices—each representing the percentage investors need in all the various categories of stocks, bonds, commodities, real estate and alternative investments—had suddenly turned into one solid color.
The dream for many investors is to buy a stock that hits the home run—a desire for the lucrative multi-bagger (insert five, 10 or your pick in place of “multi”.)
Pretend someone comes in one night and sells all your investments. … Would you rebuild the same portfolio you had before?
The investment math of compounding at high rates of return over long periods can lead to astonishing results.
Franklin D. Roosevelt famously said, “When you get to the end of your rope, tie a knot and hang on.” Investors who heeded that advice during the scary decline last August and September have been rewarded.