Elissa has been invited to participate in the Financial Education Innovation Meeting of the newly formed Consumer Financial Protection Bureau. This meeting is bringing together academics, behavioral finance experts and financial counselors to identify and brainstorm solutions to common consumer decision-making problems. First of all,…
Marketwatch’s Jonathan Burton reviews the many factors that investors should consider when choosing a mutual fund, including such things as diversification, risk, and style drift. Jonathan quotes Dave on the subject of controlling fees and expenses. It can’t be said enough: with funds, costs matter….
Janet Kidd Stewart, in a special the to Tribune Newspapers, discusses the different ways to think about market volatility and manage it in your portfolio. She quotes Dave pointing out that just because your portfolio may be correlated in the short-run with some narrow market index…
Janet Kidd Stewart, writing in the Chicago Tribune on the question of whether it makes sense to roll your old 401(k) to an IRA, thus avoiding plan administration fees, observes that such benefits must be balanced against loss of access to the low-cost institutional-class mutual fund shares…
In answering a question on CNN Money as to whether college funds accumulated for an eighth-grader should be moved to a 529 plan, Dave offers the following perspective: Another plus, as San Francisco financial planner Dave Yeske points out, is that 34 states currently allow…
The San Francisco Chronicle’s Kathleen Pender offers up advice for financial planning in the new year. Kathleen quotes Dave on the value of harvesting capital gains ahead of a scheduled rise from 15% to as much as 23.8%. Consider harvesting capital gains. With tax rates…
Dave was quoted in a recent article by Dow Jones writer Daisy Maxey devoted to the virtues of preserving short-term losses for use in offsetting short-term gains (as opposed to “wasting” them offsetting long-term gains). Dave’s comments were more focused on the possibility of harvesting all embedded…
GETTING PERSONAL Advisers Nudge Fearful Clients Toward Stocks By DAISY MAXEY A DOW JONES NEWSWIRES COLUMN “Fear is a stronger emotion than greed,” says an adviser NEW YORK — Some advisers are nudging fearful clients back into stocks–while continuing to calm investors losing patience with…
As part of the Financial Planning Association’s (FPA) long-standing relationship with The Wall Street Journal, they teamed up again to produce a special section, “Private Wealth Management.” The section appeared in the September 16 issue of The Wall Street Journal, in conjunction with FPA Experience 2011, and…
Dave was quoted in the New York Times on the comparative dangers of short-term market volatility and long-term inflation: ”What changes, and very redically, is risk perception,” said Dave Yeske, a financial planner in San Franciso. “The scariness of short-term volatility disproportionately blinds us to…