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Morningstar provides a constant source for investment ideas with our comprehensive analyst reports on equities, ETFs, and credit ratings from more than 100 analysts. U.S. Interactive Brokers clients can sign up for a free trial of these reports in Account Management.

Morningstar

June 26, 2020

Don’t Blame Retail Investors for Stocks’ Volatility

A longtime adage among fund providers is that retail investors are more desirable than institutions, as not only will retail investors pay higher fees, but they also provide relatively “sticky” assets that will stay with funds through long periods of mediocre performance. Once again, everyday shareholders are heterogeneous.

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Morningstar

June 19, 2020

Private Equity in 401(k) Plans: More Smoke Than Fire

To my surprise, private equity fund executives convinced the Department of Labor to issue a letter, dated June 3, 2020, approving the use of private equity investments within 401(k) plans. If the private equity funds are selected judiciously and used appropriately, wrote the Department, plan sponsors will not “violate the fiduciary’s duties under section 403 and 404 of ERISA.”

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Morningstar

May 29, 2020

Should You Let Your Stocks Ride?

Naively, one would expect a portfolio that invests equally in each asset to make 4% annualized. That is indeed what would occur if the investments were riskless; if the assets were rebalanced at the end of each year; and if the portfolio carried no expenses.

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Morningstar

May 15, 2020

Active Management’s Dilemma

How to do something different, without doing something bad? The first thing most novice investors learn is that they are best off buying index funds. That’s a fair starting point.

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Morningstar

April 3, 2020

Five (Easy) Steps to Setting Up a 401(k)

Have you been meaning to enroll in your company’s 401(k) but keep putting it off? You’re not alone. Many people need a friendly nudge to start saving or increase their savings rate.

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Morningstar

March 27, 2020

Congress to Help Retirees Cope With Market Downturn

Stimulus bill includes provision that suspends required minimum distributions for retirement accounts.Congress will soon pass a major relief bill to help workers, retirees, and businesses cope with the coronavirus-caused economic slowdown.

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Morningstar

March 13, 2020

What’s Down With Treasury Yields?

To my surprise, the Treasury bond’s hypothetical result doesn’t trail that of every single mutual fund that has posted a 30-year return. Two gold-related funds, two Japanese equity specialists, and one perpetually misguided bear have fared worse.

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Morningstar

February 28, 2020

Market Overstates Coronavirus Impact on Energy Stocks

The S&P 500 Energy index has already lost more than 15% so far in 2020, following the coronavirus outbreak and the likely knock-on effect on crude demand growth. The market has overreacted, in our view, making energy stocks look cheap at current levels.

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Morningstar

January 31, 2020

Should the Government Mandate Retirement Planning?

Should the federal government mandate retirement planning? I will not answer that question, as it is for politicians, not investment researchers. However, I can sketch out the possibilities and show how defined-contribution schemes (including my NARP proposal) would fit into whichever framework the politicians adopt.

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Morningstar

January 24, 2020

9 Winners Managing ESG Risk

As ESG considerations grow in importance, companies that can successfully adapt should benefit more than those that don’t. As such, our analysts are looking at their respective industries through the lens of ESG risk.

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Morningstar

January 17, 2020

Schwab’s Results Show Downward Pressure on Revenue

Wide-moat-rated Charles Schwab (SCHW) reported fairly strong fourth-quarter and yearly results, but pressure in net interest income has already started. That said, 2020 earnings will be bolstered by Schwab’s pending acquisition of USAA’s brokerage business, as well as the recently announced merger with TD Ameritrade.

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Morningstar

January 10, 2020

401(k)s Have Reached Their Expiration Date

That statement is, to an extent, a confession. The 401(k) structure is deeply unpopular with most investment writers, who regard it as a patchwork scheme that permits companies to foist their retirement-income risks onto employees.

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Morningstar

January 3, 2020

AIG Has Ample Room to Improve

The years since the financial crisis have shown that American International Group (AIG) would have destroyed substantial value even if it had never written a single credit default swap, had noncore businesses it needed to shed, or had material issues in its core operations that it needed to address.

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Morningstar

December 27, 2019

What Revised Life Expectancy Tables Mean for You and Your Clients

The IRS has proposed new actuarial tables for calculating required minimum distributions. Here’s the timeline and the key takeaways. Good news–the IRS is giving us all a little more life expectancy. The IRS has just issued revised life expectancy tables for use in calculating required minimum distributions.

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Morningstar

December 13, 2019

The Great Investment Industry Roll-Up

the U.S. investment business needs a roll-up. That process has already begun. Following is a brief synopsis, starting with the segment that has advanced the furthest and concluding with that which has moved the least.

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