Dollar-cost averaging (DCA) is widely touted by personal investment literature as a way to
increase return and reduce risk. Despite these claims, seldom are there any references to …

It is documented in the literature that US and many international stock returns series are
sensitive to US monetary policy. Using monthly data, this empirical study examines the short-…

Dollar-cost averaging (DCA) is an investment technique commonly suggested by financial
planners and investor websites. While much empirical evidence casts doubt on the benefits of …

The article investigates the benefit of highest-in, first-out (HIFO) accounting when selling
shares of various asset classes. The tax benefit of HIFO accounting is statistically and …

… The accompanying Atra-Thomas Chapter 5 empirically found a beta of 1 produced more
accurate and more predictive dividend discount rate models than traditional betas. …

Intrinsic value is the investment concept on which our views of security analysis are founded.
Without some defined standards of value for judging whether securities are over-or …

… Atra and Pae (2014) investigated the effect on wealth of using HIFO accounting by
simulating various retirement scenarios and found volatility had a small positive impact on …

Predetermined glidepaths are useful tools for asset allocation and for limiting behavioral
biases, but do not account for all the characteristics of an investor, leading to highly varied …

Financial research has cast considerable doubt on the theory that stock returns are normally
distributed. Recent turmoil in the financial markets furthers that concern. Our study adds …

INFORMATION TO USERS Page 1 INFORMATION TO USERS This manuscript has been
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