Bitcoin was the first cryptocurrency in the world launched in 2009 while Ethereum was the second one launched in 2015. This paper evaluates the risk and return for both the cryptocurrencies using CMBI Bitcoin and CMBI Ethereum indices as their proxies since their inception and compares them to...

On average investors have an income replacement rate of 64 percent of their pre-retirement income, which in many cases results in a lower tax rate in retirement. We analyze the impact of declining withdrawal tax rates on the choice between taxable mutual fund investments and nondeductible IRAs....

Investment returns on closed-end funds are highly volatile. Because expenses have a definite negative impact on closed-end fund returns, investors should include the expense ratio as a criterion for fund selection in addition to performance, investment objective, and risk of the fund. This paper...