San Francisco, California
London, United Kingdom
This will be a two-topic event:
Using Behavioral Finance to Improve Investment Profits
The traditionalist approach to stocks (markets are efficient and rational) has been supplemented by recognizing the crucial human element in the picture. Insights from behavioral finance (BF) can significantly improve investment and trading results since it gives a fuller picture of what actually moves the market. This presentation will describe key BF concepts (there’s a lot more to it than fear and greed!) to help you identify factors penalizing your returns. Behavioral finance approaches will show how to measure market sentiment. Evidence from charts will be included, as well as some very surprising sources of BF insight that help in timing entry and exit points.
ATTEND THIS MEETING TO LEARN:
1. What inhibits us from making good decisions
2. Common behavioral errors investors make
3. How to measure the crowd's degree or error
Investing for Income Without Losing Your Capital
With historically low interest rates, investors are seeking bond alternatives, many of which investors have yet to try. Don Cassidy will fully describe these alternative income vehicles and give suggestions on how to use them most profitably and with limited risk. One major focus of the session will be strong caution against reaching for yield, which endangers capital—a tempting but painful experience for yieldseekers who have no more time for net saving. Among the topics Cassidy will discuss are preferred stocks, options, master limited partnerships (MLPs), equity and mortgage REITs, utilities, and income ETFs.
ATTEND THIS MEETING TO LEARN:
1. About income vehicles that you may not have used before
2. A great free website for preferred-stock info
3. The ins and outs of MLPs and closed-end income funds
Speaker: Donald L. Cassidy, Founder and President of the nonprofit Retirement Investing Institute.
Don Cassidy is the author of five books for individual investors. He recently retired after 16 years with fund-tracker Lipper, where he followed money flows and closed-end funds and was primary media spokesperson. He founded and heads the Retirement Investing Institute, a foundation that educates investors with a focus on retirement. He has been program chair of the AAII Denver chapter for eight years. His main approach to investing uses behavioral finance as a key to understanding market moves and cycles. He has presented several times at annual AAII and InvestEd conventions, and over 200 times for AAII chapters and is on the speakers bureau for the CFA Institute. Cassidy holds a degree in finance from the Wharton School at Penn.
When & Where
AAII Silicon Valley Chapter
The AAII Silicon Valley Chapter is affiliated with the American Association of Individual Investors (AAII), a nonprofit corporation founded in 1978 for the purpose of assisting individuals in becoming effective managers of their own assets through programs of education, information and research. More information about AAII-Silicon Valley can be found at:
AAII local chapters are grassroots organizations led by volunteer AAII members, and allow AAII to extend its mission "person to person" to individual investors in their own communities by offering meetings that provide unbiased investment education in a social context.
General information about AAII can be found at: http://www.aaii.com/