Understanding Bond Pricing and Yield

This week’s AAII Weekly Digest highlights these “must-read” AAII articles: Dividends Impact Consumption More Than Capital Gains Do Changes in dividends impact household consumption. Capital gains also have an impact, but a smaller one than dividends. The magnitude of the impact depends on household wealth, with consumption rising proportionately higher among comparatively less affluent households….

 

Tips for Using Academic Research About Investing

There is a constant stream of new academic research about investing. Some of the papers attempt to explain the key drivers of returns. Some are more focused on investor behavior. Many papers are focused on realizing higher returns (“delivering alpha”). For an investor seeking new ideas, these papers can range along a spectrum from being…

 

AAII Journal May 2017 Issue Now Available

Feature Article: When You Haven’t Saved Enough for Retirement Saving more, working longer, delaying the claiming of Social Security benefits and tapping home equity can all help fund retirement. by Charles Rotblut, CFA In This Issue: Stock Strategies » What Is Your Investing Edge? Many investors focus on trying to gain an information edge, but…