Stock market timing effects on individual retirement plans: All holding period returns are not ‘average’

被引：0
|
作者：
Mark Schaub
机构：
[1] Northwestern State University,
[2] Natchitoches,undefined
来源：
Journal of Financial Services Marketing | 2003年 / 7卷 / 3期
关键词：
banking; customer relations; e-business; e-commerce; financial brokers; financial engineering; financial institutions; financial marketing; financial models; financial planning; financial training; insurance; intermediation; knowledge management; management; marketing; marketing strategy; pensions; services quality; virtual organisations; retirement planning; stock market timing; risk and return; client relations; account management; market efficiency;
D O I：
10.1057/palgrave.fsm.4770091
中图分类号：
学科分类号：
摘要：
This paper suggests a win-win approach to dealing with stock market uncertainty in the advisory role of financial planning. It gives historical examples of holding periods where the stock market returns were above and below ‘average’ as suggested by Ibbotson Associates, Inc. stock return data. Examples are used to illustrate how conservative return estimates can provide safety for individual retirement plans and more assets under management for financial advisers. Suggesting conservative planned rates of return also protects the adviser against the many ‘accountability’ lawsuits that emerge during market declines.
引用
收藏
页码：267 / 274
页数：7
相关论文
共 50 条
12345