Tools for surviving the investment income famine

UPDATED 2019: This article, originally published in 2010, continues to be one of our most popular posts. Please keep in mind that it is possible some of the facts offered have changed throughout the years.However, our sentiments have not. Scott Burns and I agree on many things. We agree that you cannot beat the market by picking stocks. We agree …

Stock Market Slot Machine

I strongly recommend an excellent article to you, from the Psy-Fi blog, a regular on my daily reading list. The title of the article is B.F Skinner’s Stockmarket Slot Machines: Win Big, Win Rarely, Win Never. I often refer to B.F Skinner, intermittent variable reinforcement, and how the stock market creates superstitions much like those created in Skinner’s birds. This …

10 Items for Your Year-End To-Do List

Can you believe it? 2009 is almost over! The older I get, the faster they go! I thought I would put together a quick note to remind you of some helpful, year-end tasks you may want to consider: 1. Rebalance investment accounts – this is something few people do but I highly recommend. This involves bringing your investment accounts back …

Who Do I Trust?

For well over a decade, my unrelenting focus has been understanding financial risk and developing practical strategies for managing the risk created by job loss, illness or disability, bear markets and funding thirty years of retirement. Since 1997, I have watched the job of managing those risks become increasingly complex. One reason understanding and managing financial risk is more difficult …

On Randomness

One of the most fundamental and most difficult concepts for investors to wrap their brain around is the randomness of markets. This is most likely because, as Terry Burnham ably shows us, in Mean Markets and Lizard Brains, humans are just not wired to deal with probability and randomness. In the investing classic, A Random Walk Down Wall Street, Princeton …

Press Release: Kim Snider Delivers Keynote Speech on Maximizing Opportunities in Economic Crisis at National Speakers Association Convention

Snider Advisors, a leading provider of investment courses and investor education, congratulates its founder and CEO, Kim Snider, on the success of her Keynote Speech at the 2009 National Speakers Association Annual Convention. Snider’s topic, Don’t Waste This Crisis: The Economic Meltdown in America, was both timely and relevant to the nearly 1,100 professional speakers in the convention’s audience. Snider …