The stock market has been quite volatile in the last month. There has been considerable investor uncertainty associated with the novel coronavirus and COVID-19. Historical perspective The chart shows the performance of the S&P 500, adjusted for inflation using the US Consumer Price Index (CPI) since the beginning of 1926 (when the Standard Statistics Company[Learn more…]
As competition increases, ETF fees continue to drop. Rick Miller comments on how Sensible Financial® Planning client’s benefit from lower fees. Read the full story here.
This article first appeared on Forbes.com. Modern Portfolio Theory, the work of Markowitz, and Sharpe, and many, many others, is the foundation of how we think about finance and financial markets. Both Markowitz and Sharpe won the Nobel prize in Economics, and many of their intellectual descendants have done so as well. One of the[Learn more…]
Both RSAs and RSUs are employer plans designed to reward and retain employees by offering additional compensation in the form of company stock. This article will help you understand the key differences between the plans and learn about potential tax saving strategies.
In this installment of my series on employee benefits, I will cover employee stock purchase plans (ESPPs), which offer the ability to purchase employer stock through payroll deductions. Only about 30% of eligible participants take advantage of these plans, and on average, those who don’t participate miss out on over $3,000 per year. You might[Learn more…]
The current credit crises in both Europe and in the US are “sovereign” crises: they reflect investor concerns about government ability to repay debts. Investor concerns are clearly present in declining stock prices and stock market volatility. Stock market volatility is likely to continue until governments resolve both sovereign credit crises. The next several months[Learn more…]
There has been a lot of talk in the press about stock market volatility this year. During the last week of January and the first week of February, there was talk of a “correction” (a 10% decline in the stock market). The US stock market (represented by the S&P 500, SPY in the chart below)[Learn more…]