In comparing U.S. parenting styles with those of other countries, American-Israeli behavioral scientist Dan Ariely told me we pay a lot for our belief in letting children make their own decisions without lecturing to them about what's right and wrong. In the rest of the world, he pointed out, kids are still kids for many years after they reach 18: "Italians tell their children, 'Save 25% of your paycheck,' and they keep telling them that well into young adulthood." Even if 25% is too low a number, Ariely added, it's better than nothing. He believes parental rule-setting can yield positive results, while allowing youngsters to make their own mistakes may have disastrous financial consequences.
LPL's white paper, Success Without Limits, will help you understand the various options and considerations for choosing the right partner.
Look behind the curtain and see how our fixed-income experts determine which municipals offer the greatest potential. With this proven approach to effective muni selection,...
Our research shows that two screens have helped achieve better outcomes - low expenses and high manager ownership. Funds sharing these two characteristics have tended...
Jul 09, 2015
In this session we’ll discuss whether or not factor investing is truly active management, and how to define and test whether a factor exists.
Jun 30, 2015
Join ThinkAdvisor & Well Fargo in this webcast to learn a dynamic four criteria approach and how to gain portfolio flexibility.
Jun 09, 2015
Join ThinkAdvisor for this live, interactive webcast and hear from the winners of the 2015 SMA Mangers of the Year on impact investing strategies and...