Tripped Up by the ‘Money Illusion’
Overcoming the money illusion trap can help your clients make informed decisions by understanding the difference between nominal and real dollars, prices and yields.
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Additional Insights
Fixed Index Annuities: A Compelling Tool to Help Improve Asset Allocations
By Eduardo Repetto, Ph. D.
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Focus on the Horizon: Tuning Out the Noise with Valuations and Returns
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It’s Personal: Can Personalization Improve Nudges on Financial Decisions?
By Suzanne B. Shu, Ph.D.
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Disentangling Loss, Risk and Regret Aversion in Financial Decision-making
By Meir Statman, Ph.D.
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The FOMO Worth Your Attention
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Then and Now: An Update on Today’s Bond Market
Did You Know? /
Is It Just Me, or Are Things Getting Worse?
By Hal Hershfield, Ph.D.
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3 Storylines Behind the Market in 2023
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Tripped Up by the ‘Money Illusion’
By Meir Statman, Ph.D.
Perspectives /
Delivering Value-Added Real Estate Solutions
By Daniel Ong, CFA
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How Do We and How Should We Set Goals for Ourselves and Others?
By Hal Hershfield, Ph.D.
Perspectives /
Where the U.S. Dollar Stands as a Reserve Currency
Did You Know? /
The Herd Mentality That Drives Bank Runs
By Meir Statman, Ph.D.
Perspectives /
Take It to the Bank
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What You Might Not Know About Asset Class Returns
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Are Americans Too Pessimistic About the Economy?
By Camelia Kuhnen, Ph.D.
Perspectives /
Sector Flip-Flop?
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Understanding the Behavioral Advantage and Trade-Offs of Bucket Portfolios
By Meir Statman, Ph.D.
Perspectives /
Putting a Bow on 2022
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What Do We Want in the New Year? On Happiness, Meaning, and Psychological Richness
By Hal Hershfield, Ph.D.
Perspectives /
Myth Busters: Do International Stocks (Still) Make Sense for Long-Term Investors
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Aging and Financial Decision Making: What Changes and What Stays the Same?
By Hal Hershfield, Ph.D.
Perspectives /
Investing Through Tough Times: Bonds Edition
Did You Know? /
More Time or More Money? How Wealth Affects What We Value
By Meir Statman, Ph.D.
Perspectives /
Understanding Emotions During Volatile Markets
By Meir Statman, Ph.D.
Perspectives /
The Great Real Estate Debate: Public vs. Private
Did You Know? /
Capturing Time
By Hal Hershfield, Ph.D.
Perspectives /
Manage Taxes With Loss Harvesting
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The Current State of SPACs
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Market Nosedives and Consumer Missteps
By Hal Hershfield, Ph.D.
Perspectives /
Trading Places: The Blip on the Radar That Can Cost Index Fund Investors
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Parents’ Lessons in Saving and Spending
By Meir Statman, Ph.D.
Perspectives /
Does Spending Imply Wealth?
By Hal Hershfield, Ph.D.
Perspectives /
Retirement Income as a Psychological Portfolio Problem
By Suzanne B. Shu, Ph.D.
Perspectives /
Why Yesterday's Rising Rates Don't Guarantee Poor Bond Returns Today
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What Happens if the Yield Curve Inverts?
Did You Know? /
New Lessons for Predicting Future Expenses
By Hal Hershfield, Ph.D.
Perspectives /
Timing Is Everything (if It Works)
Did You Know? /
The Psychology of Financial Windfalls
By Hal Hershfield, Ph.D.
Perspectives /
Why We Might Be Scared About Inflation
By Meir Statman, Ph.D.
Perspectives /
How Do You Start Saving?
By Hal Hershfield, Ph.D.
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Summing Up 2021
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Expect the Unexpected
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Put Time on Your Side
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Does Having More Money Equate to More Happiness?
By Hal Hershfield, Ph.D.
Perspectives /
Making Optimal Social Security Claiming Decisions
By Suzanne B. Shu, Ph.D.
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Explaining the Global Economic Recovery in 6 Charts
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Financial Decision-Making in Married Couples
By Hal Hershfield, Ph.D.
Perspectives /
The Same, but Different: An Update on Stock Valuations
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Home Sweet Home: The Role of Home Ownership in Retirement Planning
By Meir Statman, Ph.D.
Perspectives /
Sticker Shock: Inflation, Purchasing Power and Investing
Did You Know? /
Helping Clients Deploy the Mental Tools of Wealth Accumulation in Their Decumulation Years
By Meir Statman, Ph.D.
Perspectives /
Tax Talk
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The Sum and the Parts
By Phil McInnis
Perspectives /
The Psychology of Decumulation
By Suzanne B. Shu, Ph.D.
Perspectives /
It’s Like Riding a Bike
Did You Know? /
The Next Chapter: Short-Term Thinking and Long-Term Planning
By Hal Hershfield, Ph.D.
Perspectives /
Our Scientific Approach to Investing
By Phil McInnis
Perspectives /
The Fixed Income Marketplace: Rates, Carry and Roll
By Hozef Arif
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Bitcoin Lessons in Hindsight, Aspirations and Risk
By Meir Statman, Ph.D.
Perspectives /
The Ever Given, Suez Canal and Impact of One Stuck Ship on the Global Economy
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Trading Isn’t the Same Thing as Investing: The Lessons of GameStop
By Meir Statman, Ph.D.
Perspectives /
Are SPACs Really All That Special?
Did You Know? /
New Year... New Me?
By Hal Hershfield, Ph.D.
Did You Know? /
Capturing the Value Premium in Small Caps: An Analysis of Performance in 2020
By Mitchell Firestein
Perspectives /
Staying the Course – Lessons from 2020
Perspectives /
Demystifying Cryptocurrencies: A Primer
By Andrew Karolyi
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The Confirmation Bias
By Hal Hershfield, Ph.D.
Perspectives /
When Do Municipal Bonds Make Sense in a Fixed-Income Allocation?
By Hozef Arif
Perspectives /
The Sum of Its Parts
Did You Know? /
Understanding Risk, Returns and Rebalancing
By Sunil Wahal, Ph.D.
Perspectives /
What's Up with Interest Rates?
Did You Know? /
Meet Avantis Investors’ Fixed-Income Portfolio Managers
By Christine Lubieniecki, CFA
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Will the U.S. Election Affect Stock Market Returns?
Did You Know? /
Dollar for Dollar? Currency Movements, Stock Returns and Diversification
By Mitchell Firestein
Did You Know? /
How Availability Bias and FOMO Can Impact Financial Decision-Making
By Hal Hershfield, Ph.D.
Perspectives /
Representativeness in Investing
By Meir Statman, Ph.D.
Perspectives /
Predicting Our Expenses
By Hal Hershfield, Ph.D.
Perspectives /
Can Growth Stocks Get Growthier? An Update on Valuations
By Ted Randall
Did You Know? /
Wahal and Repetto Publish Research Paper on the Conjoint Nature of Value and Profitability
By Sunil Wahal, Ph.D.
News Story /
Wahal and Repetto Publish Research Paper on International Tests on the Conjoint Nature of Value and Profitability
By Sunil Wahal, Ph.D.
News Story /
A Penny Saved Is a Dollar Earned: The Advantages of Low-Cost, Modern Investment Solutions
By Adam Scheve, CFA, CPA
Perspectives /
Managing Great (Inflationary) Expectations
By Andrew Karolyi
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Investment Risk, Investor Risk Tolerance and Goals-Based Portfolios
By Meir Statman, Ph.D.
Perspectives /
On The Importance of Goodwill
By Sunil Wahal, Ph.D.
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Could 'Flying to Safety' Be Dangerous?
By Eduardo Repetto, Ph. D.
Perspectives /
How Much Value Does an ETF Add to My Taxable Account?
By Vadim Gorin
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Weathering the Storm: Historical Lessons for Investors Pursuing Higher Expected Returns
By Eduardo Repetto, Ph. D.
Perspectives /
Does Market Timing Work?
By Amit Goyal, Ph.D.
Perspectives /
Fear Is Normal, but Don’t Panic
By Meir Statman, Ph.D.
Perspectives /
Good Hindsight Shortcuts Can Help Avoid Costly Hindsight Errors
By Meir Statman, Ph.D.
Perspectives /
Coronaviruses, Pandemics and the World Economy
By Eduardo Repetto, Ph. D.
Did You Know? /
The Value Spread and the Value Premium
By Sunil Wahal, Ph.D.
Perspectives /
The Illusion of Wealth
By Hal Hershfield, Ph.D.
Perspectives /
Good Framing Shortcuts Can Help Avoid Costly Framing Errors
By Meir Statman, Ph.D.
Perspectives /
Competition in Investment Products
By Sunil Wahal, Ph.D.
Perspectives /
Empathizing with Your Future Self May Help Long-Term Financial Decision-making
By Hal Hershfield, Ph.D.
Perspectives /
Does Investing in Emerging Markets Still Make Sense?
By Andrew Karolyi
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ETFs – An Important Tool for Wealth Management
By Phil McInnis
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Investment Errors Are Costly
By Meir Statman, Ph.D.
Perspectives /
