A few simple household budgeting worksheets will help you immensley. I suppose you could say I’m one of the few who actually enjoy the household budgeting process. I guess that has to do with my accounting education. This is not the case for most people, and we can all count our lucky stars for that. [...]

Steven Thorley, Ph.D., CFA*
September 1999
Abstract
Index fund proponents often argue in favor of passive investing because they believe that the modern U.S. equity market is informationally efficient. Market efficiency is the assertion that stock prices already reflect the best possible estimate of fair value, so there is no reason to actively buy and sell individual [...]