Blog | Arcadia Wealth Management

Rocket Fuel: The Potential Impacts of Major Index Changes This June

While recent financial news headlines have given a great deal of attention to the slate of expected U.S. mega-cap IPOs, a few relevant storylines may have slipped under investors’ radar. Despite geopolitical and economic uncertainty in the first five months of 2026, global stock market indexes have quietly posted solid results. The S&P 500® Index […]

Rocket Fuel: The Potential Impacts of Major Index Changes This June Read More »

Social Security Claiming Decisions: Don’t Dismiss the Math, but It Doesn’t Always Apply to Real Life

Blog / Allison Vanaski, CFP®

I’ll admit it: “Let’s talk about Social Security claiming” isn’t usually my opening line when I meet friends for dinner. And yet, with Peak 65 recently occurring (when more Americans turned 65 every day than in any previous year), it’s never been more important to talk about Social Security claiming, given the enormous implications this

Social Security Claiming Decisions: Don’t Dismiss the Math, but It Doesn’t Always Apply to Real Life Read More »

Can We Learn to Avoid Cognitive Errors?

Blog / Meir Statman, Ph.D.

Behavioral finance scholars often express skepticism about their own and others’ ability to avoid cognitive errors. Indeed, Daniel Kahneman, who, along with Amos Tversky, identified most of the cognitive errors we know, said that despite his decades of studying decision-making, he still committed the same cognitive errors as everyone else. “Knowing is not avoiding,” he

Can We Learn to Avoid Cognitive Errors? Read More »

Military Conflicts and Global Stock Returns

Blog / Arcadia Wealth Management

As markets closed in the U.S. on the last trading day of February 2026, year-to-date stock market returns ranged from middling — the S&P 500® Index was up ~0.7% — to very strong — the MSCI EM IMI was up nearly 14.5% in U.S. dollar terms. Over the weekend, geopolitical tensions in the Middle East

Military Conflicts and Global Stock Returns Read More »

How Aging Changes Financial Decision-Making: Insights From Neuroeconomics

Blog / Camelia Kuhnen, Ph.D.

Financial decision-making is often modeled as stable over time: Investors have preferences, update beliefs, and choose portfolios in predictable ways. But research at the intersection of neuroscience and finance paints a more complex — and more realistic — picture. How people process financial information depends not only on markets and incentives, but also on how

How Aging Changes Financial Decision-Making: Insights From Neuroeconomics Read More »

What Investors Can Learn From 2025 Market Trends

Blog / Allison Vanaski, CFP®

It was another remarkable year for the U.S. stock market in 2025. The S&P 500® Index rose nearly 18% with 46 new all-time highs during the year! While undoubtedly a good outcome, a single return figure fails to capture the full experience of investors. Figure 1 helps fill in the gaps, capturing major headlines from

What Investors Can Learn From 2025 Market Trends Read More »

The Next Chapter: Short-Term Thinking and Long-Term Planning

Blog / Allison Vanaski, CFP®

Last year, I visited New York and found myself walking through Greenwich Village. I couldn’t help but notice how the neighborhood looked qualitatively different from the 1940s photographs I’d seen and from my memories of it when I lived there more than 10 years ago. Sure, there were still some record stores and a few

The Next Chapter: Short-Term Thinking and Long-Term Planning Read More »

What’s Up with Gold?

Blog / Arcadia Wealth Management

What do gold, cryptocurrencies like Bitcoin (BTC), paintings, furs and diamonds all have in common? Things you’ve seen on a “Real Housewives” episode, you say? Maybe so, but here’s what we had in mind. Each is an asset that produces no cash flow. They’re like buying a goose that lays no eggs. Unlike stocks and

What’s Up with Gold? Read More »

What Do Declining Interest Rates Mean for Stock Returns?

Blog / Arcadia Wealth Management

Declining interest rates are generally a good thing for bond returns. All else being equal, as bond yields go down, their prices go up. Many people are familiar with this relationship, but what about stocks? Can declining interest rates inform our expectations for future stock returns? This question has come into focus for many investors

What Do Declining Interest Rates Mean for Stock Returns? Read More »

Would You Drive Looking Through the Rear-View Mirror?

Blog / Meir Statman, Ph.D.

“Don’t gamble,” Will Rogers said. “Take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”1 The Psychology Behind Hindsight Bias The psychologist Baruch Fischhoff, who introduced us to hindsight shortcuts and errors, wrote, “In hindsight, people consistently exaggerate

Would You Drive Looking Through the Rear-View Mirror? Read More »