Articles

Socially Responsible Investing And The Price Of Sin

Seeking Alpha

Summary Socially responsible investing encompasses many personal beliefs, not just one set of values. Some investors don’t wish to invest in the “sin stocks” of companies whose products go against their morals. By avoiding the “sin stocks,” some investors may be accepting more risk than they realize because they’re not fully diversified across industries. Socially …Read More.

Dividends and ‘The Magic Pants’

Seeking Alpha

Summary While dividends may comprise a significant portion of total returns, they don’t add any explanatory power to future returns. Approximately 60 percent of U.S. stocks and 40 percent of international stocks don’t pay dividends. The total returns to investors come from capital gains. Corporate dividends can be replaced with self-made dividends. Seeking Alpha blogger …Read More.

The Perils Of The Carry Trade

What’s known as the carry trade is one of the more popular strategies of hedge funds, and it’s also becoming popular for investors seeking alternative fixed-income strategies that can provide higher yields in today’s environment of low rates. The strategy involves borrowing (going short) a currency with a relatively low interest rate and using the …Read More.

Dividend Streams & Returns

Dividend payments have been on a systematic decline since 1972, and the percentage of firms paying a dividend has declined from 63.8 percent in 1972 to 30.4 percent in 2011. The question is now, What does paying dividends tell us about possible returns? Even after controlling for firm characteristics, companies have become less likely to …Read More.

7 Myths About Dividend-Paying Stocks

Common misconceptions Dividend-paying stocks may look awfully appealing, but you should be able to separate the truth from fiction before you jump into these investments. Here are seven common myths about dividend-paying stocks. Myth No. 1: Dividends hold up in bad markets. There is a perception that dividend-paying stocks will hold up better when the market …Read More.

The Anomaly of Greed

Huffington Post

I was recently speaking with a colleague in the advisory business. The conversation turned to greed. We both share a fascination with the CNBC programAmerican Greed. The program chronicles investment scams, with touching portrayals of victims. The scams have a common thread: the promise of huge returns with little risk. Often the returns are “guaranteed” …Read More.

Determining the Markup on Municipal Bonds

New York Times

Most of the market news you hear tends to be about stocks, but bonds are just as useful a tool for most investment portfolios. One type in particular, the municipal, or “muni” bond, remains very popular. These bonds are issued by local governments, they’re often tax-exempt and they can be relatively low risk. But muni …Read More.

What Makes a College Essay Stand Out From the Rest

Seth Allen, Dean of Admissions and Financial Aid, Pomona College, Claremont, Calif. College essays carry far more weight than they have in previous decades. With a record number of students applying for college, admissions offices have become highly selective when considering student applications. While each school has its own criteria, schools typically look for students …Read More.

Changing Lanes by Neal Merbaum

“My name is Neal, and I’m a lane changer. It’s been two weeks since I changed lanes — and that’s only because it’s been two weeks since I was on the highway!” If there were an organization similar to Alcoholics Anonymous for chronic lane changers, I would join. I know I have a problem, but …Read More.

Asset Allocation Guide: U.S. vs. International Equity

CBS News

In our ongoing series looking at asset allocation issues, we’ve already covered some essentials, namely, how to analyze your ability, willingness and need to take risk — and what do when one or more of those factors conflict. Figuring out where you fit along the risk spectrum will help you figure how much of your portfolio to put into stocks. Now, …Read More.

Expected Stock Returns Around the Globe

Seeking Alpha

In order to rationally develop an investment plan you need to estimate long-term returns for the asset classes in which to invest – without doing so you cannot determine how much to allocate to risky stocks and how much to safer bonds. When estimating returns we know that current valuations provide valuable information. As good …Read More.

Are Demographics Really Destiny?

Seeking Alpha

I recently came across an article on Seeking Alpha by The Statistical Investor entitled “Demographics Are Destiny: World Population Trends“. The article begins: “As they say, demographics is destiny. Just ask Japan. The longer your investment horizon, the more exposed you are to demographic trends.” The author continues with what we might call “conventional wisdom” …Read More.



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