Blog

The newsletter is at: http://tinyurl.com/bfm-em-2014-web

 

Executive Summary

 

Emerging Markets have:

 

. A growing middle class and domestic consumer

Depuis le vote de la seconde loi de finances rectificative en juillet 2012, les revenus fonciers et les plus-values immobilières de source française, perçus par les personnes domiciliées fiscalement hors de France, sont soumis aux prélèvements sociaux au taux global de 15,5 %.

Here are the most recent tweets at https://twitter.com/pbourbon

​La gestion d’actifs, l’assurance vie et le capital investissement sont concernés par FATCA

We Need Less Trading, Higher Fiduciary Bar

Jusqu’où l’euro peut-il baisser contre dollar?

After market-risk and inflation-risk, which investors take great strides to mitigate through sound investment practices, taxation-risk presents the biggest obstacle to building wealth. A sound investment strategy not only seeks to generate returns on your capital, it also seeks to preserve as much of your capital as possible to keep it working for you.

Discover the latest BFM charts of the markets (stocks, bonds...) http://tinyurl.com/BFM-Charts-2014

The saving versus paying off debt is an age-old quandary that has plagued people since the advent of consumer debt. Pose this question to a group of financial planners and the responses will be split, roughly down the middle. While there might be as many advocates for savings as there would be for paying down debt, the broad consensus will likely be that it really depends on the situation.

The gap between the 20-year S&P 500 return and the average equity fund investor return expanded in 2013. This was the first gap expansion since 2010 and only the 3rd in 10 years. The S&P 500 return increased from 8.21% to 9.22% in 2013 while the average equity fund investor return increased from 4.25% to only 5.02%. This resulted in the gap widening from -3.96% to -4.20%.

Over the past few years, we’ve carefully assembled practical tips and videos you can use to help you make better and more informed life decisions. WE ARE ALL PREDICTABLY IRRATIONAL! See examples of "cognitive illusions," and learn why humans make predictably irrational decisions. For example, did you know that your vision can literally “trick” you whenever it can?

It's hard to save money. It's really hard. It's hard for monkeys and it's hard for us humans as well. Laurie Santos, associate professor and director of Yale University's Comparative Cognition Laboratory, and her colleagues conducted some very interesting experiments involving capuchin monkeys and financial decision-making.

Studies have demonstrated that the track record for individual investors is not encouraging. From 1990 to 2010, the unmanaged S&P 500 Index earned an average of 7.81% annually. Over that same period, the average equity investor earned a paltry 3.49% annually! http://www.investopedia.com/articles/stocks/08/invest-on-your-own.asp#ax...