In summary, the ex ante evidence suggests strong preference relationships for the three sets of risk-return variables analyzed. Further, there appear to be differences among the nature and shape of the relationships as evidenced by the statistical tests: one, the association between risk and...

The basic purpose of this study is to test for the existence of an investment life cycle for individual common stock investors. It is hypothesized that the life-cycle theory of investment incorporates relevant socioeconomic attributes of individual investors, which, in various combinations,...

This study extends previous inquiries concerning positive (as opposed to normative) aspects of common-stock investor behavior and provides preliminary empirical evidence on the association between risk/return preferences and expectations for specified investor attributes.Part I of the study...

There is need to increase understanding of the positive aspects of individual investor behavior due to the large numbers involved, the institutionalization of the stock markets, and the failure of normative valuation models. This study is a preliminary regional investigation and comparison of...

For investor and institutional class index mutual funds that track the S&P 500 Index, there are just 25 funds with statistically low expense ratios (management fee findings are found above). However, there are only five index funds - all investor class - with statistically very high and...

For investor and institutional class index mutual funds that track the S&P 500 Index, there are just 25 funds with statistically low expense ratios (management fee findings are found above). However, there are only five index funds — all investor class — with statistically very high and...

We analyze the expense ratio and attributes affecting the performance of 136 retail S&P 500 Index funds. These funds are among the simplest of financial vehicles. Nonetheless, the expense ratios and performance of these benchmark trackers differ significantly.Our univariate analysis shows that...