Small Fees, Big Differences: How Fund Costs Compound Over 30 Years
A 1% annual fee sounds small. Over three decades it can consume almost a quarter of your ending balance. The arithmetic, step by step.
Investing
Evidence-based ideas for long-term investors.
The P/E Ratio: What It Tells You and What It Hides
Trailing versus forward P/E, earnings yield, the Shiller CAPE, and five reasons a "cheap" stock may not be cheap.
Dollar-Cost Averaging vs. Lump Sum: What the Numbers Say
If you have a large sum to invest, should you invest it all at once or spread it out? The math favors one answer, but behavior matters too.