John Spoto

Portfolio rebalancing is a powerful risk-control strategy that should occupy a prominent role in the management of every investor’s portfolio. Large institutional investors, such as university endowments, religiously rebalance their...

In a recent article, I introduced the fields of classical and behavioral economics and finance. Classical finance assumes people make financial decisions in computer-like fashion —rationally and unemotionally. Behavioral finance,...

John Bogle, founder of Vanguard Mutual Funds begins the chapter titled “The Grand Illusion” in his 2007 book, “The Little Book of Common Sense Investing” with the following: “Surprise! The...

Underpinning the field of traditional finance is the assumption that people, when faced with financial decisions, act like computers. They weigh all the available information, calculate the option that maximizes...

Last time, I talked about how, for most Americans, creating a happy life for ourselves and our families is a top priority. Money plays a central role and has an...

Creating a happy life for ourselves and our families is a top priority for most Americans. While the specific things that make us happy may be different for each of...

For most Americans, Social Security plays an important role in maintaining retirement security. The benefit payments represent an income stream that is free of default, investment, inflation and longevity (outliving...

In our last article, we talked about how simplicity can help you achieve a sense of calm and control not only in your personal life, but in your financial life...