Smart beta is a popular disguise on Wall Street this Halloween. But don’t be fooled into believing these strategies are really that smart.

According to two academic papers we recently reviewed, the answer is yes. Researchers found that high-I.Q. investors not only invested more heavily in stocks than their lower I.Q. counterparts, but also held more diversified portfolios and favored low-cost funds.

Millions of Medicare beneficiaries, including many Vista clients, will likely face steep premium increases next year. The spike may be short-lived, however, as premiums are expected to go down again the following year.

Yogi Berra passed away this September at the age of 90. Yogi was a Major League Baseball player and manager who won 13 World Series rings during his Hall of Fame career. His memorable quotes transcended baseball—even sports—and were relevant for all people, including investors.

On August 18, U.S. stocks posted the first of what turned out to be six straight days of declines. That week, the S&P 500 Index dropped nearly 12%. While U.S. stocks have rebounded in the days since, the psychological impact of such swings can have a lingering, unnerving effect on investors.