Does risk tolerance testing work for retirement investors?

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So far this year the stock market has been a relentless ride of unnerving drops and sudden rebounds. Anxious clients are calling their financial advisers. The advisers remind clients that you have both agreed to a plan based on their risk tolerance and goals. That equation drives your portfolio allocation, but the more the ground falls out from […]

Five questions for John Wasik on Keynes, investing and retirement

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John Maynard Keynes was one of the most influential economists of the 20th Century; his name is associated widely with the economic theory that governments should step up spending during recession to pull countries out of slumps. But here’s a little-known fact about Keynes: he was one of the most successful investors of his time. […]