Retirement: Demographics and Destiny

Geoff Considine

In a recent interview in The Wall Street Journal titled “Bad New for Boomers,” Rob Arnott presents a fairly grim view of the retirement income that investors can expect to generate from their investment portfolios.  His thesis is that aside from all of the economic turmoil that may constrain future earnings growth, there is an… Read More


Financial Services for the Masses

Geoff Considine

JP Morgan has gotten considerable attention in the press for a recent statement that serving clients with less than $100,000 in assets is unprofitable.  Not surprisingly, one response to this statement has been to frame it in terms of the message that financial institutions just want rich clients and don’t want to spend their time… Read More


Dr. Andrew Lo: ‘Buy and Hold’ Does Not Work Anymore

Geoff Considine

Dr. Andrew Lo is a thought leader in the world of portfolio management. The MIT/Sloan School of Management professor and Director of MIT’s Laboratory for Financial Engineering has been widely quoted on the implications of the 2008 financial crisis. One theme that Dr. Lo emphasizes repeatedly is that the risks associated with different asset classes… Read More


Risk, Return and Low Beta Stocks

Geoff Considine

My article in last week’s Advisor Perspectives titled, “The Greatest Anomaly in Finance: Understanding and Exploiting the Outperformance of Low-Beta Stocks,” explores what the findings of a 2011 paper published in the Financial Analysts Journal called “the greatest anomaly in finance.”  The issue at hand is one that I have written about in a number… Read More


New Tax Deductions and Limits for 2012

Craig Guillot

With the start of 2012, there are a number of new tax laws and adjustments. From higher tax bracket thresholds and standard deductions, you’ll have some positive and negative changes to your taxes this year. Higher federal income tax-bracket thresholds A number of tax changes in 2012 have been due to standard inflation-related adjustments. First,… Read More


Calculating the Cost of a College Education

Geoff Considine

I recently came across a calculator developed by Morningstar to help families estimate future college costs and to determine whether they are on track with saving to meet the future costs of higher education. Let’s have a look at what this tool can and cannot do and how such a tool may be useful. The… Read More


Dividend Stocks vs. Bonds: Are They Worth the Risk?

Geoff Considine

One of the recurring themes in the financial press in recent years is a warning to income-oriented investors not to pile into dividend-paying stocks to boost portfolio income. The Wall Street Journal has a recent article on this topic titled, “Why Dividend Stocks Aren’t the New Bonds.”  This article is motivated by the fact that… Read More


The Disappearing Retirement

Geoff Considine

Well-known financial columnist Robert Powell has a recent article in MarketWatch titled, “Retirement in America is ‘Endangered.” The motivation for this piece, he writes, is that retirement preparedness is a crucially important topic that was missed in the recent State of The Union address by President Obama. Powell goes on to list the key problems… Read More


Social Networks and Social Capital

Geoff Considine

As Facebook prepares for its IPO, The Wall Street Journal has published an incredibly relevant article titled “No More Résumés, Say Some Firms.” The article suggests that the traditional process of seeking employment or demonstrating your work history and capabilities, (a.k.a. the résumé), is becoming far less relevant. Now anyone who cares about your work… Read More