Businesses, Stock Markets & the Economy The Stock Market Is Smarter Than All of Us (Ben Carlson, CFA) “In The Wisdom of the Crowds, James Surowiecki writes: “The idea of the wisdom of crowds is not that a group will always give you the right answer but that on average it will consistently come up with a better answer than any individual could provide.” The same is true of the stock market. The stock market isn’t...

Businesses, Stock Markets & the Economy 12 Things I Remind Myself When Markets Go Crazy (Ben Carlson, CFA) Why Valuations Probably Won’t Matter For a While (Ben Carlson, CFA) Your Finances & other Wealth Management links Here’s What You Need To Know About Your RMDs (Abacus) Having an advisor help you manage your portfolio does not constitute 'giving up.' (retirementfieldguide.com) How to write your own 'legacy letter.' (humbledollar.com) Visualizing Net Worth by Age in America (Visual Capitalist) The Briefing The...

Businesses, Stock Markets & the Economy Think Investing Is a Game? Stop. (David Booth, Executive Chairman and Founder of Dimensional) “Indexing has turned out to be a good solution for many people. I was involved in the creation of one of the first index funds early in my career, and I’ve enjoyed watching the positive impact indexing has had on the industry. For those who want more customization and flexibility, there are...

Businesses, Stock Markets & the Economy America’s deeply unequal economic recovery, explained in 7 charts. “The pandemic has made employment disparities in America more evident than ever.” (Vox) Unfortunate Investing Traits (Morgan Housel) “An iron rule of investing is that almost nothing is certain and the best we can do is put the odds of success in our favor. Since we’re working with odds – not certainties – it’s possible to make good...

Businesses, Stock Markets & the Economy What Investors Should Know About Recent “Flash Mob” Trading (Schwab Center for Financial Research) “… much of the latest market activity has not been driven by traditional investors or based on traditional fundamentals. It’s been driven by trading activity in both the options market and small subsets of stocks, including those most heavily shorted by hedge funds, as well as low-priced “penny stocks,” weaker-balance-sheet companies, and...

  COVID-19 & Your Health Good morning. The C.D.C. announces its suggested vaccine priorities, and we offer a timeline of when you can expect to get one. (The New York Times) C.D.C. Officials Shorten Recommended Quarantine Periods (The New York Times) “New research suggests that people are most infectious two days before and five days after symptoms develop. Many countries around the world have moved to shorter quarantine periods, from five to 10 days,...

  COVID-19 & Your Health   Real-time Coronavirus Advice from an MD – Dr. Lucy McBride: Sign up here If you want to catch up on some of her prior writings, here's a good place to start: A practical strategy (and handy acronym!) to mitigate risk of coronavirus infection COVID School Series: Your daily dose of facts and guidance on COVID-19 COVID 101: the anatomy of coronavirus COVID 201: the anatomy of COVID anxiety ...

  As a thank you to their customers, Zoom lifts the 40-minute limit for all meetings globally from midnight ET Nov. 26 through 6 AM ET on Nov. 27 so family gatherings don’t get cut short. COVID-19 & Your Health Assorted links from Chris Kresser, M.S., L.Ac.: “Derek Lowe wrote an excellent summary of what we know and don’t know about the vaccines.He covers both the good news and the questions that still...

COVID-19 & Your Health Coronavirus: The married couple behind the successful Pfizer COVID vaccine. “Ugur Sahin and Ozlem Tureci founded the pharmaceutical company BioNTech which has developed the 90% effective coronavirus vaccine.” (Sky News) Meet Kathrin Jansen, the woman leading Pfizer’s COVID-19 vaccine effort. “The rock star scientist has a track record of producing difficult vaccines against the odds.” (Fast Company) Pfizer Says Its COVID-19 Vaccine Is 90 Percent Effective. What Happens Now?...

Happy Veterans Day to all those who have served in defense of our democracy. We honor you, and the family and loved ones who supported your service. Veterans Day honors all of those who have served the country in war or peace — dead or alive — although it's largely intended to thank living veterans for their sacrifices. It was originally called Armistice Day, commemorating the end of World War I. 5 Facts to Know...