Hints and tips:
...Terrance Odean, a finance professor at the University of California at Berkeley who has studied day traders, says more education is needed....
...Another is to focus on low-cost index funds, but with the caveat that an index fund for the S&P 500 will still fall if the benchmark does....
...One study, by Brad Barber and Terrance Odean, looked at the investments of 65,000 ordinary retail investors in the early 1990s, a time of sharply rising markets....
...In 2000, Brad Barber and Terrance Odean studied the trading performance of more than 65,000 retail investors with accounts at a large discount broker....
...Mauboussin says the average tenure of a company within the S&P 500 index has gone from 25-35 years in the 1950s to 10-15 years today....
...Mauboussin says the average tenure of a company within the S&P 500 index has gone from 25 to35 years in the 1950s to 10 to 15 years today....
...According to Terrance Odean at University of California at Berkeley, women turn over their portfolios at 53 per cent a year, which is high. But men turn over their portfolios 77 per cent a year....
International Edition