Have you ever found yourself in one of those “What should we do tonight?” moments with your significant other?  Trust me, I’ve been there, done that, and got the T-shirt!  But guess what?  I’ve discovered that nothing spices up a cozy night like a good old-fashioned game night.  Whether you’re in the mood for some… The post Best Games For Couples appeared first on Mom Money Map.

We compare the returns on Premium Bonds, Saving Accounts and Mutual funds to review which may be the best investment for you. The post Where Should I Put My Money? Premium Bonds vs Savings Accounts vs Index Funds (A 12-Month Test) appeared first on The Financial Wilderness.

Save, invest, prosper with My Own Advisor. Top Canadian Dividend ETFs  What makes a great Exchange Traded Fund (ETF)? What are the top Canadian dividend ETFs to own? You’ve come to the right site and the right post for these answers and my thoughts. Let’s go in this updated post! What is an ETF? An ETF (Exchange Traded Fund) is a diverse collection… Early retiree thanks to DIY investing in stocks and ETFs. The article Top […]

Imagine being the typical SpaceX employee over the last few months. Your shares IPO at $135 and within a few days they peak at $225/share (up 67%) before they begin to decline. As of this morning they sit at around $139, or about 3% above the IPO price. Given this, what percentage of your shares would you sell once your lock-up ends? This question isn’t just relevant to SpaceX employees, but to anyone who’s ever held a concentrated position in an individual stock. After all, do you hold on in hopes of future growth? Or do you get out in case things get worse? The research related to IPOs is crystal clear—IPO shares are likely to underperform the rest of the market (after adjusting for firm size). Jay R. Ritter looked at over 9,200 IPOs from 1980-2024 and found that, during their first year, IPO firms underperformed similar-sized public companies (“size-matched firms”) by 5.8%. Table 20-1 (from his IPO findings) highlights how most of this underperformance occurs in the 6 months following the end of the share lock-up (or the “Second six months” after the IPO): You can see a similar story when you compare SpaceX’s returns (up through July 22, 2026) to the average performance of the top 10 IPOs (by size) since 1999 (chart from Exhibit A): This underperformance relative to the market isn’t just true for IPOs either. In his paper Underperformance of Concentrated Stock Positions, Antti Petajisto, from Brooklyn Investment Group, found the same thing was true for individual stocks. As he concluded: Since 1926, the median ten-year return on individual U.S. stocks relative to the broad equity market is –7.9%, underperforming by 0.82% per year. This means that if you picked a stock at random, we would expect it to underperform the overall market by about 0.82% per year. Note that the aggregate return of all stocks must equal the market’s return, so the average underperformance should be 0% per year. But this is only true because a small number of huge winners bring up the average. As Hendrik Bessembinder stated in his paper Do Stocks Outperform Treasury Bills? (emphasis mine): When stated in terms of lifetime dollar wealth creation, the best-performing four percent of listed companies explain the net gain for the entire U.S. stock market since 1926, as other stocks collectively matched Treasury bills. With this context, how should one go about exiting a concentrated position? What options are out there? Let’s dig in. How to Exit a Concentrated Position When it comes to exiting a concentrated stock position, below are some options at your disposal. Sell Everything (Wealth Maximization) Based on the research above, the wealth-maximizing strategy is to sell all of your concentrated position immediately. Statistically, selling everything and moving it all into a broad market index fund would outperform holding on the vast majority of the time. While this strategy maximizes your median wealth (or the middle outcome across all the ways the future could unfold), many still won’t

The post Flowers Foods Dividend Cut Because of Debt and Leverage appeared first on Dividend Power. Flowers Foods, Inc (FLO) cut its dividend due to debt, leverage, and declining sales and income. Soft operating and financial results combined with a leveraged balance sheet pressured the dividend safety. The firm had a 23-year streak of increases and Dividend Contender status, which it lost after the cut. The share price has declined since late 2022 with little […]

I don’t know about you but I breathed a sigh of relief when the cash-like asset rules for stocks and shares ISAs were announced. They were nowhere near as bad as I feared. Money market funds (MMFs) are the only investment HMRC has defined as a cash-like asset. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } This article can be read by selected Monevator members. Please see our membership plans […]

Apologies for the lateness of this update, just not been able to get round to it. July was a blur, where I continued to enjoy a great summer of sport, pottering around my garden when I could, watched the epic … Continue reading → The post July 2026 Savings, plus other updates appeared first on Quietly Saving.

In a recent paper, David Blanchett found (again) that household spending tends to decrease over the course of retirement. That is, it increases, but not as quickly as inflation. So in “real” terms, it’s gradually going down. Relative to Blanchett’s earlier work on how retirees change their spending over time, his latest paper had two particularly noteworthy findings. Median vs Mean The first especially interesting finding was the difference between the median and mean (average). […]