Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
July 12, 2007
The No. 1 Threat to Your Portfolio
Every year Dalbar , Inc., a financial services firm in Boston, conducts a study on the investing acumen of typical Americans. Usually, the results are appalling. In this year’s study, which was released this week, investors fared much better than usual. In 2006, the average stock fund investor generated a return of 14.7%, while the Standard & Poor’s 500 Index,...
July 9, 2007
The Pros and Cons of Fundamental Investing
I get a lot of questions about index funds from over the years because readers know that I am a huge advocate of index funds. Over the long run, they provide low-cost superior returns compared to other mutual funds. What I haven’t written about before, however, is fundamental indexing. This new type of indexing has triggered the academic equivalent of...
July 3, 2007
Best Fourth of July Picnic
Last month, I wrote a column for the San Diego Union-Tribune on how people can save money by cooking wholesome dinners instead of buying the sort of food that you zap in the microwave. My editor didn’t like the column because he thought it belonged in the food section. I argued that shrinking grocery bills was a legitimate topic for...
July 1, 2007
Where the Heck is Lynn O'Shaughnessy's Column?
Starting today, the San Diego Union-Tribune replaced my investing column with one that Michelle Singletary writes. The newspaper’s motivation, as I explained previously, was to save money. If you miss my writing, however, there is no reason why you can’t keep reading my column too since I’ve moved it online. Just click on the “This Week’s Column” link on the...
June 29, 2007
Three Great Reasons to Avoid Hedge Funds
For wealthy investors, hedge funds are as tantalizing as Apple’s new iPhone. Of course, millionaires don’t have to stand in a line that snakes around a city block to pick up shares in a hedge fund. And that’s part of the hedge fund’s powerful allure. Most people aren’t worth enough money to be able to invest in these funds. So...
June 27, 2007
Investing Overseas the Right Way
As I was researching a magazine story about foreign investing yesterday, I uncovered a stunning statistic. This is what I learned from the Investment Company Institute, which tracks the nation’s mutual fund flows: After adjusting for withdrawals, 93 cents out of every $1 that investors sunk into stock mutual funds last year ended up overseas. And that’s not a typo....
June 25, 2007
The Meaning of Money
A close friend of mine told me back in the mid 1980s that if he ever made $30,000, he’d be happy. At the time, he was earning $15,000 and he believed that doubling his money was all that was necessary for financial bliss. Today, he is making close to $175,000 and he is still yearning for a higher income. Financial...
June 25, 2007
Don't forget the column
I was very happy that so many people visited Ask-Lynn.com yesterday. Hundreds of you, however, apparently didn’t realize that I’m posting columns on the site too. You read the blog, but not the column. So please click on my column link to read more. I’ll be posting one column every week — it will usually be on Sundays....
June 22, 2007
Congratulations, you found me. Since you’re visiting my blog/web site, you probably already know that the San Diego Union-Tribune canceled my column to save money. As I mentioned in my last column that appeared in today’s newspaper, it was very touching to read the crush of emails from people, who spent a few minutes each Sunday reading what I had...