You have a piece of paper and a bunch of blue and red pens. Start with a blue pen and write down all the positive integers in order by spelling them out correctly using the English alphabet: ONE, TWO, THREE, FOUR, etc. Use the red pen the first time you encounter the letter “C.” Assuming that it takes 10 seconds on average to spell out each integer, how long will it before you need the red pen?
All advisors have access to the same information, but those seeking an edge look to more unusual data points. Here are eight unconventional metrics they combine with more traditional sources of information to shape their financial outlook and take the temperature of the economy.
You may think introverts are shy, but you'd be wrong. Shyness has nothing to do with it. The smarter you can be in recognizing how to make introverted and extroverted clients comfortable, the more successful you'll be in getting referrals. Here are six common misconceptions about introverts.
When it comes to switching firms, advisors must plan their transition carefully. It requires thoughtful planning, a desire to run and grow your business, and unwavering dedication to do what is right for your clients....More
Research shows that while the average age of financial advisors has gone up, the percentage of advisors that don't have a succession plan in place has gone up as well. Why don't more advisors have a plan, and how can the industry better prepare for the future.
The U.S. corporate high yield market has grown from $250 billion to a $2.4 trillion industry. High yield has proven to be a solid asset class for investors, over time producing comparable returns to the S&P 500 with approximately half the volatility....More
Why do we make decisions that aren’t always in our own best interest? This group of articles from the Investments & Wealth Monitor takes a fascinating look at behavioral finance and behavioral portfolio management....More
With the wind at their backs, sprinters have broken speed records. Similarly, the tailwind of a bull market has boosted the fortunes of equity investors over the past five years. In both cases, the pace cannot be sustained over a long period of time. Look back no further than the past 10 years for confirmation of the market’s lack of endurance....More