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Wayne Thorp

Wayne A. Thorp, CFA, is senior financial analyst and a vice president at AAII. He is the former editor of Computerized Investing and now oversees the content strategy for AAII. He has written extensively on the topics of technical analysis, quantitative stock selection, stock valuation and analysis and technology. He is the program manager for Stock Investor Pro, AAII's fundamental stock screening and research database programs. Wayne is also on the advisory committees of AAII's Stock Superstars and Dividend Investing newsletters.

Borrowing money through a margin account to purchase securities can be a profitable and wise investment strategy. But debt creates financial leverage: The money in a full payment purchase can instead be used as a type of down payment to buy a much larger block of stock. This means...

The 5th Circuit Court of Appeals ruled on March 15 that the Labor Department overstepped its authority by creating the “fiduciary rule,” which requires advisers and brokers to put their clients’ interests before their own when advising on retirement accounts such...

The goal of many individual investors is to beat the market. A large number, however, don’t—particularly when the costs of trying to do so are considered. One alternative is to apply the old adage, “If you can’t beat ’em, join ’em.” The index fund concept allows investors...

Change is a constant in the financial world. New services, products and technologies are always coming to the market. In turn, consumers are confronted with new ways to think about their finances. Some of the trends facing the field of finance this year include: Higher interest...

Knowing how to use money wisely is a critical skill that is best learned starting at a young age. Imparting this knowledge is an issue many parents wrestle with. Part of being an adult in our culture is knowing how to use money wisely. And, as with other fundamental issues, it...

Late last year, Congress passed the Tax Cuts and Jobs Act (TCJA). While we are in month three of this new tax regime, the impact is being felt by many already. Those living in high-income-tax and high-property-tax states may have prepaid their property taxes to bypass the deduction...

If you pay too much for a stock, your return on investment won’t be satisfactory. In the AAII world of Shadow Stocks—companies with some history of growth, little or no dividend yield and a small amount of the stock outstanding owned by institutions—you hope to profit mainly...

Socially responsible investing (SRI) is where investors attempt to align their investment strategies with their social values. Another form of SRI—sustainable, responsible and impact investing—is an investment discipline that considers environmental, social and corporate governance...

The AAII Journal articles on retirement allocation by Jerome Clark and Josh Cohen present different strategies for the amount of stocks and bonds an investor should hold at retirement. Specifically, they disagree on whether investors should immediately increase their fixed-income...

The last few weeks have offered an interesting ride for U.S. investors. The Dow Jones industrial average logged its two biggest single-day point drops. The Dow and S&P 500 index entered “correction” territory, both having fallen at least 10% (on an intraday basis)...