$10,000 for Best Paper

We already have one blog reader that has won the NAAIM prize for best paper, let’s get another!  Deadline is March 2011 and the prize is $10k.

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I have long believed there is an opportunity for online education surrounding investing and personal finance.  A few different sites have investing/finance as a component of their offerings (like Sympoz and MIT Open Course) but I have yet to see the “Rosetta Stone” of investing education.

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I actually didn’t know FQ took over a mutual fund as sub until a reader left a comment on the blog.

Here is an older PDF “Balancing Betas“.

Managers FQ Global Essentials Fund (MMAVX)

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Great post on just how little people understand about investing.  Wow.  From the Dorsey Wright folks:

“If interest rates rise, what will typically happen to bond prices?

18% – They will rise
28% – They will fall
5%   -They will stay the same
10% – There is no relationship between bond prices and the interest rate
37% – Don’t know
2%  – Prefer not to say

The heinous data above comes from Finra’s newly released Financial Capability Survey: only 28% of the national sample of more than 28,000 adults had a clue that bond prices would fall if interest rates went up.  This strikes me as a pretty good argument to get a competent financial advisor.

In unrelated news, 67% of respondents rated their overall financial knowledge as “high,” and 75% endorsed the statement, “I am pretty good at math.”

The financial market is a really expensive place to get an education.”

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Diversification and Risk Management.

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Many investing blogs and websites exist for the purposes of investor education, and many are professionals that are supposed to have a fiduciary duty to their clients.  If you write an investment blog or run an investment website and also run Google Ads such as the below on your site I can’t take you seriously.  It’s embarrassing.

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