Buying high and selling low trips up investors way more often than it should. At Morningstar, we’re discussing the possibility of this bad behavior in the bond funds market. According to the ICI, during the 52 weeks that ended March 24, investors put $506 billion into mutual funds and $409 billion of that went into bond funds. Did you join the rush into bond funds?

Watching Bonds Go Off the Rails (Morningstar)

Experts face a catch-22: to perform, they need to feel confident, but overconfidence can lead to mistakes. At Morningstar, I discuss why advisors need to acknowledge their risk. If we don’t, we may end up giving clients a false sense of security that doesn’t exist.

The Illusion of Control (Morningstar)

We spend a lot of time thinking about money, but how well do you understand your motives for wanting more money? At Morningstar, I discuss the need to answer the question about where you want to go and why you want to be there when it comes to your investing decisions.

What Ladder are You Climbing (Morningstar)

How many of you know that physical science theory plays a role in economics, a social science? At Morningstar this week, I review The Legacy of Louis, the man who proposed that radiation of probability and Brownian motion plays a role in modern portfolio theory. Does understanding Louis change how you’ll make decisions?

The Legacy of Louis (Morningstar)

At the Morningstar Advisor Blog, I wrote a piece called Watch Your Mouth about the need for advisors to think about the terms we use. Many are incomprehensible to our clients. There’s a growing desire for simplicity, and as advisors we need to figure out language that clarifies what we’re doing instead of confusing the issue.

Watch Your Mouth (Morningstar Advisor)