It’s not always easy to grasp the value of diversification—why, in other words, it’s better to own many stocks inside a mutual fund than one or two stocks on their own. But recent research conducted by Arizona State U. finance professor Hendrik Bessembinder offers some insight.
Bessembinder is not afraid of numbers. He calculated every one month return of every U.S. common stock traded on the New York and American Stock exchanges, and the Nasdaq exchange, since 1926. Even though nearly half of the 25,782 stocks that have been in existence over this time period lasted 7 or fewer years, this still accounted for 2,524,849 individual monthly returns from July 1926 through December 2015.
Due to an unexpected illness, the radio show host had to reschedule the interview with Ryan Vogel for 1/23. Be sure to tune in then!
Private Wealth Management Group Senior Wealth Advisor and Partner, Ryan Vogel CFP®, will be a guest on the satellite radio show “Your Money” with Kent Smetters on January 23, 2018 at 6:20 PM. The show runs from 5-7 PM on Business Radio powered by the Wharton School and can be found on channel 111 via satellite on SiriusXM.
Business Radio features world-renowned and distinguished professors and alumni as regular weekly hosts, plus executives, entrepreneurs, innovators and other experts as special hosts and guests. Broadcasting from Wharton’s Ivy League campus and Silicon Valley, Business Radio covers every aspect of business in an informative, entertaining and approachable manner — from the biggest headlines of the day to the nuts and bolts of how to build a business from the ground up — with some shows offered via live, call-in format.
Ryan will be interviewed by Kent and then take questions from listeners on the topic of tax-managed investing and charitable giving. If you are a satellite radio listener, be sure to catch Ryan this evening on channel 111.
5:00pm - 7:00pm
Host Kent Smetters talks first with author Brian Tracy about his latest book, "Believe It to Achieve It"--including how to set the right kind of goals, financial and otherwise. After that Kent welcomes two certified financial planners, who help him take calls from listeners who need personal finance advice.