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Full-Text Articles in Finance and Financial Management
Retirement Planning -- Start Early, Steven D. Dolvin
Retirement Planning -- Start Early, Steven D. Dolvin
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Many people are not prepared for retirement. Older workers do not have enough money saved, and younger workers are not starting soon enough. See some survey results here, WSJ. You should also take the quiz to see where you stand.
Even Adults Like "Happy Meals", Steven D. Dolvin
Even Adults Like "Happy Meals", Steven D. Dolvin
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Higher risk companies, in order to sell bonds at lower interest rates, must often attach "sweetners" to the bond offering. Historically this has included warrants or conversion options. Recently, however, some companies have offered a combination of bonds and a loan of the company's shares, a so-called "Happy Meal." The bond buyers subsequently sell the shares short. If the company fails, the investors lose on the bonds, but make a profit on the short sale. This strategy is typically employed by hedge funds. See article here, Wall Street Journal.
Broker Vs. Advisor, Steven D. Dolvin
Broker Vs. Advisor, Steven D. Dolvin
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Over the past decade, more retail investment professionals have transitioned away from a pure broker relationship to a more advisory role. This switch is potentially good for both sides, as it reduces the incentive to churn (i.e., excessively trade) an account simply to generate commissions, while also providing a more stable revenue for the advisor. See article here, Financial-Planning.com.
Margin Debt, Steven D. Dolvin
Margin Debt, Steven D. Dolvin
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Margin debt hit its highest level ($379.5 billion) since July 2007. The increase is being driven by low rates and a rising market. As history shows, however, this level of debt could accelerate a small downturn in the market. (See article here, WSJ.)
If You Don't Want To Be An Engineer...., Steven D. Dolvin
If You Don't Want To Be An Engineer...., Steven D. Dolvin
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Recent surveys suggest that engineers (chemical, mechanical, etc.) are the highest earning undergraduate majors -- most in the $60-65K range. Finance is the next highest, at $57,600. So, it seems you have made a good investment by selecting finance as your major. (See article here, Fox Business / Business News Daily.)
Circuit Breakers In Response To Flash Crash, Steven D. Dolvin
Circuit Breakers In Response To Flash Crash, Steven D. Dolvin
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Following the "Flash Crash," the exchanges implemented single stock circuit breakers (in addition to the market-wide constraints that already existed). These new circuit breakers are already under review, with planned changes set to go into effect in April. See article here, Bloomberg.