featured-articles

This article originally appeared in the June 2015 issue of the AAII Journal. Robert Shiller is a Nobel laureate and the Sterling Professor of Economics at Yale University who studies market fluctuations and investor behavior. In April 2015, he spoke to AAII about stock and bond...

Mutual Funds

This article originally appeared in the November 2014 issue of the AAII Journal. About 70% of active equity mutual funds are closet indexers that generally fail to beat the market after fees. On the other hand, the other 30% of funds outperform on average. Thus, the task is to...

Investor Professor

This article originally appeared in the May 2015 issue of the AAI Journal. Earnings estimates are the profit forecasts made by brokerage firm analysts. The consensus earnings estimate is the average of all published forecasts for a specific company or index. The consensus earnings...

mutual-funds-splash-rounded

This article originally ran in the April 2015 issue of the AAII Journal. According to the Investment Company Institute’s Fact Book, in 2013, there were 7,707 mutual funds in the U.S. This is more than the current number of stocks listed on the NASDAQ, NYSE and Amex exchanges....

This article originally appeared in the November 2014 issue of the AAII Journal. “A country of security analysts would still overreact. In short, even the best-trained investors would make the same mistakes that investors have been making forever, and for the same immutable reason—that...

Social media has become ingrained in our daily lives, but for investors, this could come at a cost. A Wall Street Journal article discusses the impact between knowing what others are thinking and the performance of one’s investment portfolio in the next market crash. The...

Bonds

This article originally appeared in the October 2014 issue of the AAII Journal. The Paycheck Strategy for Lifetime Investing is outside of the current investment paradigm of professional investment advisers, but we believe it can be the basis for a strategy to ensure a flow of...

asset-allocation-pie-chart

This article originally appeared in the October 2014 issue of the AAII Journal. One of the longest-running debates in finance centers on the most critical part of investing: allocation. Opinions vary on what asset classes to allocate to, how much should be put into each asset class...

Most investors won’t buy a stock or mutual fund without doing some level of analysis or research beforehand. Yet, surprisingly, there are those who will follow the advice of a financial planner, insurance agent or other money professional without doing some type of background...

InvestmentNew reported that the House Financial Services Committee House committee approved a measure that would expand the kind of investors who can purchase unregistered securities. The measure would expand the definition of “accredited investor.” Currently, that designation...