Carnival of Personal of Finance #98 is up at We’re in Debt. My submission Opt In or Opt Out: The Power of the Default Option earned the distinction of the Editor’s Picks. Thank you King of Debt. This is the second time I received the honor of Editor’s Picks or Post of the Week in Carnival [...]
Today I’m reviewing the book The Random Walk Guide to Investing by Burton Malkiel.
Don’t confuse this book with the classic book A Random Walk Down Wall Street by the same author. I also recommend the other book, but this one is much easier to read, while retaining the gist of the classic book. It [...]
Blogger pf at My Personal Finance Odyssey reviewed his investments in T. Rowe Price funds. He gathered last 5 years’ performance numbers for the T. Rowe Price funds he invested in and the performance numbers for similar funds by Vanguard. His analysis showed that many T. Rowe Price funds had better returns than the comparable [...]
I read a great article on New York Times last week, Unnatural Selections. The author, Mr. Barry Schwartz is a professor of psychology at Swarthmore College. He wrote about the power of the default option.
People tend to stay with the default option presented to them because deviating from the default option requires making a [...]
