“Nothing is more in the best interest of the child. The judicious carrot of spending, when managed properly, actually instills a strong sense of and desire to save and, ironically, not spend.”
It is critically important that retirement savers make a long-term game plan for their savings and investing strategy.
Each of these is dripping with overtones from the lessons of behavioral finance.
Why have these people failed to learn from history and what can be done to prevent them from hurting themselves?
The future of true asset allocation may lie in understanding its past.
The results are in. Asset allocation doesn’t work in the long run. Rebalancing doesn’t produce better returns in the long run. In short, asset allocation as popularly practiced is myth.
Much of asset allocation marketing collateral is founded on a simple misinterpretation, yet this myth persists. Why?