Posted on January 6, 2012 at 2:53 pm UTC
There’s a lot of second-rate financial information and poor financial advice floating around online. These people rise above the noise, helping themselves and those around them make better investment decisions.
So, who do you think is making a difference? Who’s a thought-leader helping us understand more about investing or finance?
The list below is TOTALLY incomplete but it’s a start of some of my favorite investing voices. Who are yours?
Posted on January 6, 2012 at 1:49 pm UTC
Wealthfront is pivoting — away from the marketplace of RIAs model like Covestor employs and towards fundamental, portfolio management delivered over the Internet.
The firm appears to be joining a growing bunch of firms focusing on the online delivery of financial advice, like:
- Personal Capital: a portfolio manager with A-team management, providing portfolio management over the Interwebs (see my interview with the president of Personal Capital)
- LearnVest: Focused on a younger, female demographic, delivers financial advice, courses, bootcamps, and now, a subscription model that gives clients financial planning and access to CFPs for ongoing advice.
- Hedgeable: up over 10% in 2011, this upstart — founded by two experienced hedge fundies — provides institutional-type strategies to individuals for insanely affordable fees (some services are free).
- Jemstep: Plug in your portfolios at different brokers and the Jemstep platform analyzes everything and makes suggestions to help your optimize your holdings. (here’s my interview with Jemstep)
Wealthfront’s new approach is to emphasize its adherence to MPT (Modern Portfolio Theory) and this is the first presentation from the newly-focused firm. I think it’s pretty sweet.
Posted on January 3, 2012 at 1:45 pm UTC
Being able to predict movements in the stock market – with any level of accuracy — has drawn a lot of attention lately. I’m personally glad to see Professor Bollan – the author of the famous Twitter-sentiment-stock-market-predictor paper - back in the fray.
Of course, I’m not objective– my Tradestreaming book was early on the scene to take a look at how research and investors are finding ways to use social media to make better — smarter — investment decisions.
This time, Bollan takes the discussion a step forward in looking for the connecting between social media and investing– by looking at many of the tools investors use to predict future stock market moves.
These indicators, like the Investors Intelligence or Daily Investor Sentiment, measure investor mood. Behavioral finance stresses that factors like emotion and mood impact investor decision making and therefore, markets.
Bollan’s new paper, Predicting Financial Markets: Comparing Survey,News, Twitter and Search Engine Data compares a set of best forecasting tools to see which are most accurate and useful for investors.
How to use social media to invest
Bollan’s findings include: Continue Reading »
Posted on December 27, 2011 at 5:12 pm UTC
I don’t know about you, but most of the retirees have only one requirement for their investments:
Make some money and try not to lose any…
Come to think of it, I think many of us now have that same investing mindset.
Most investment managers — particularly, mutual fund managers who judge their performance against an arbitrary benchmark — are subject to the whims of the market. Sure, they’d like to limit losses but if they’re an emerging market find manager and the BRICs get slammed, the fund is going to get slammed.
For do-it-yourself investors who practice buy-and-hold, the theory is that by manning the hatches during poor investment periods and holding tight, returns will be better than if we attempted to buy and sell our way through the investing storm.
That may be true but the trip is really nauseating, as we ride the ups and downs of the market.
This year’s best book on retirement planning plots a different course.
Continue Reading »
Posted on December 25, 2011 at 7:48 pm UTC
I hate to say this but most investment books suck (minus Tradestreaming, of course )
But seriously, books that try to teach something valuable about investing frequently miss their
marks not because they’re poorly written (some are) or lack good research (some do). There’s a problem in trying to distill the process down to a how-to approach, to a magic formula.
Investing is a unfurling learning process and one that can be personalized to the investor. It’s hard to create a one-size-fits-all, get-rich-trying investment strategy that distills down so easily to a 250-page book.
Continue Reading »