What is Goals-Based Investing?

While iPhone apps, SMART goals (Specific, Measurable, Attainable, Realistic and Timely) and other tools help with keeping resolutions, research shows that between 62-88% of resolutions fail. How can one attempt to avoid this grim reality?

Greece Revisited – The ‘Grexit’ Threat

Four months ago, we penned the Research & Papers entry The Greek Economy – Tragedy or Comedy? which included this statement: “February’s agreement to extend the bailout for four more months was based on an agreement by the Greek government to pursue a number of initiatives to balance its budget. But many of the initiatives are very fuzzy and the benchmarks for success are not established. The Greek government has bought itself time, but it is not clear what the endgame will be.” On June 30, the path to the endgame became clearer as Greece became the first developed country to miss an International Monetary Fund (IMF) payment.