Research on the hot-hand fallacy shows long basketball streaks don’t predict the next shot. The same logic applies to currency markets — whether the US dollar has a positive or negative year, next year’s direction is about a coin flip.
An Irish Wolfhound Explains Recency Bias
Family Cyber Safety: Three Things You Can Do This Weekend
The single biggest protection for your family is not a piece of software. It is a few quick agreements that everyone in the family knows by heart: a private code word for any emergency request for money, an understanding that nobody sends money in an unusual way without calling a family member first, and the freedom to ask without embarrassment when something feels off. Get those three agreements in place — and turn on two-factor authentication on your email and bank — and you have already defeated the vast majority of scams in circulation today.
Outpacing Inflation with Stocks
Average real returns for the broad US stock market, based on the S&P 500 Index, have been positive even in years when inflation was above the historical median. Average real returns for small cap and small cap value stocks have been even higher, implying investors should not shy away from tilting towards higher expected return stocks even if inflation expectations are elevated.
CRSP and How They Changed the World
Are small value stocks in favor now or not? Does it matter?
A Summary of Mutual Funds & ETF Performance & Attributes
Geopolitical Risk
Stop Drop Report - How to recognize scams - imposters
Scammers are getting more savvy and increasingly personal. They may pose as investment professionals, leaders of trusted financial institutions, and even Schwab employees, all to gain your confidence and trust. With vigilance and a few tips on imposter tactics and techniques, you can recognize these fraudsters and steer clear of their traps.
Artificial Intelligence, Financial Planning, and the Next Economic Shift
Technology Has Always Changed the World
Over the decades — and centuries — transformative technologies have disrupted industries, displaced workers, and reshaped the global economy. Each time, the adjustment felt significant. And each time, humanity adapted. In fact, living standards improved and more people were employed.
Does Gold Hedge Economic Downturns?
Managing Dividend Income to Improve Your Tax Health
Sometimes it Helps to Pay Less Attention
What is a Recession Anyway?
US recessions are identified by the National Bureau of Economic Research (NBER). Their decisions factor in numerous economic indicators such as GDP growth, industrial production, and unemployment but are not contingent on an exact formula. Accordingly, past recessions have come in all shapes and sizes, depending on what you’re measuring.