Description: Feature article discussing key accounting concepts in finance.

Description: This article speculates on the presence and magnitude of the benefits attributable to regular rebalancing of one's investment portfolio. It surveys the extant literature, discusses certain implications, and presents conclusions.

Description: We explore the considerations regarding discount rates in the new US GAAP Targeted Improvements, including selection of observable rates and methods for extrapolations rates where there is no observable data.

Description: This article defines operational risk, gives some real-life examples of improperly managed operational risks and the consequences thereof, and provides advice on steps necessary to mitigate operational risk.

Description: This article describes the Investment Year Method for allocation of general portfolio investment income and demonstrates the equivalence of a fixed index or declining index system.

Description: Arguments for establishing a monetary system based on an aggregate commodity standard.

Description: This article shows a comparison of the growth rates of the S&P 500 common stock index vs. the U.S. Consumer Price Index over various 5 and 10 year periods.

Description: Why Write Variable Products When You Can Put the Money Directly into the Stock Market?

Description: This article explores the possibility of using innovations from the financial markets to reduce some portion of the LTC risk and thus encourage the growth of the product.

Description: Chairperson’s column discusses recent events in the investment industry.