Preet Banerjee explains how backfill bias artificially pumps up the average returns reported by mutual funds. I thought survivorship bias, where bad funds get closed and no longer affect the average, was bad enough. Now we find that some funds wait to see if they perform well before retroactively including them in mutual fund averages.
Canadian Couch Potato reports some good news in the ETF world: commission-free trading.
Larry Swedroe shows that Edward Jones’ strong financial results may be bad news for its clients.
The Blunt Bean Counter makes the case that an accountant is often more valuable than a lawyer when you’re in trouble with CRA.
Canadian Capitalist explains Vanguard’s take on how you should rebalance your portfolio.
Retire Happy Blog goes through the different events that make it difficult to control when you retire.
Larry MacDonald describes some of the ways that executives take their minds off business. That has certainly never been my problem.
Money Smarts works through detailed examples of how to generate estimates of home maintenance costs for your budget.
Gail Vaz-Oxlade brings us 10 easy ways to build a credit history.
Big Cajun Man is literally sickened by misuse of the word “literally”.
Million Dollar Journey explains how to calculate a defined-benefit pension’s commuted value.