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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.

Many people do not see an estate plan as necessary. Others recognize the need to plan, but have no idea whom to contact or how to begin. Estate planning encompasses much more than simply protecting one’s assets; it provides peace of mind that your assets will pass according...

There is a mountain of academic research and real-world data that show stocks, in the long run, as the best investment, even adjusted for risk. That is not to say there are periods when other asset classes—real estate, bonds, etc.—will outperform stocks. These periods test...

Judging a firm’s leaders is an important step in analyzing a stock for investment. But it’s a murky area that offers no solid statistics to review. And most investors don’t get the chance to actually meet a company’s CEO and other officers in order to get...

It’s complicated, it requires detailed work—but it’s all right here in a how-to-do-it format. So, get out your calculators (one that can solve for exponentials) … More than any single factor, money will determine when people will retire and the type of lifestyle...

A key to bond management is reducing both reinvestment rate risk and price risk. Two strategies allow for this—while keeping a passive portfolio management approach. Risks involved in bond investing can be measured using the duration concept: Duration provides a measure for...

Risk is a fundamental concept in any investment program. Beta and standard deviation are two common risk measures. But many investors prefer to view risk differently, at least mathematically. Others do not understand how a complex formula for deriving individual betas and standard...

Recently, a lot of attention was paid to the fact that the 10-Year Treasury yield hit 3% for the first time since early 2014. At the shorter end of the maturity range, though, rates have been increasing even faster. The has caused market watchers to fret over the so-called “yield...

Understanding how different investments work is the first step toward profitable investing. The second is making sure you—and your mutual fund manager—always maintain the correct wealth-building mindset. To become the best possible investor you can, it is imperative to avoid...

For most individuals, another tax season has come and gone. If you filed for an extension, you have until October 15 to file. But how much does the typical American pay in taxes? According to the Bureau of Labor Statistics, the average American household’s income is $76,664,...

Setting financial priorities is frequently very difficult for individuals. Yet, it is very important for most people, since few of us have the financial resources to totally finance all of our “wants.” Setting priorities allows us to consciously review our objectives and rank...