Behavioral finance expert Meir Statman, a professor at Santa Clara University, said that investors have become smarter about investing -- and have settled for capturing market returns rather than trying to beat the market -- and that staying smart requires shrugging off whatever the market dishes up and letting 'doing nothing' be a solid strategy for not being poor and hopefully for reaching a goal of being rich. Also on the show, Morgen Henderson of Choice Mutual discusses how finances are affecting people's final-resting choices, we revisit a recent discussion about risk with Adam Thurgood of HighTower Advisors, and Yuri Lobynstev of Cindicator Capital talks stocks, earnings and trading in the Market Call.
Money Life with Chuck Jaffe