In the News
Adding Gratitude to Wealth May Help With Happiness
Psych Central: A Baylor University study led by James A. Roberts, Ph.D., Ben H. Williams Professor of Marketing in the Hankamer School of Business at Baylor University, shows the inverse relationship between materialism and happiness. The study was based off a questionnaire sent to 249 university students. Results showed that individuals of high materialism showed lower levels of general satisfaction. Results also demonstrated that gratitude has the ability to “buffer” the negative effects of materialism.
Why You Should Begin Planning for Retirement in Your 30s
The Oklahoman: Bill Reichenstein, Ph.D., the Pat and Thomas R. Powers Chair in Investment Management at Baylor's Hankamer School of Business, is quoted in this story about younger workers preparing for retirement. In the article, written by the Deseret News, Reichenstein encourages people to save all they can in tax-deferred or tax-exempt accounts due to strong tax advantages, compared to saving in a taxable account or a non-qualified annuity.
Why a Total Return Investing Approach Makes Sense to Me
The Wall Street Journal: Bill Reichenstein, Ph.D., the Pat and Thomas R. Powers Chair in Investment Management at Baylor's Hankamer School of Business, penned this column regarding retirees investing their portfolios widely using a total-return approach.
Researchers Use Roommate Selection Data to Examine Attitudes Toward Minority Groups
Sustainable City Network: Article about a National Bureau of Economic Research study co-authored by James West, Ph.D., W.H. Smith Professor of Economics in Baylor’s Hankamer School of Business, which shows that increased contact between majority and minority groups leads to improved attitudes and behaviors. The research analyzed the roommate choices of cadets at the U.S. Air Force Academy. West, quoted in the article, said the study went beyond surveying cadets and used data to examine their actions. “If the actions of someone can be observed, that’s a much more powerful signal of what they really think,” West said. “Actions don’t lie.”
Know Who Your Best Clients Are
Realtor: This article features sales expert Andrea Dixon, Ph.D., executive director of Baylor University’s Center for Professional Selling and the Keller Center for Research in Baylor’s Hankamer School of Business, who advises salespeople to narrow their customer databases and develop “personal touch portfolios,” which rank the best candidates for a salesperson’s most personalized marketing and highest level of attention. “We are limited in bandwidth as individuals,” Dixon says. “You want to target the people who it makes the most sense for that individualized follow-up — those for whom seeing, hearing and feeling from you will evoke a positive personal response.”
The 'Big Four" Business School Game Changers
Dean Terry Maness is one of four deans featured in this article on the Eduvantis blog. What is the one thing happening in business schools today that will have the most impact on the industry in 5 years?
How to Pump Up Retirement Income by as Much as 30%
The Wall Street Journal: William Reichenstein, professor of finance and The Pat and Thomas R. Powers Chair of Investment in Management at Baylor’s Hankamer School of Business, is quoted in Jonathan Clement’s WSJ column about strategies to boost annual income during retirement by as much as 30 percent.
Help for Deciding When to Claim Social Security
Next Avenue: Social Security Solutions, a web-based tool that combines advice on timing a Social Security claim with recommendations for a tax-efficient retirement drawdown plan, was co-developed by Bill Reichenstein, professor and holder of The Pat & Thomas R. Powers Chair of Investment in Management in Baylor’s Hankamer School of Business. Reichenstein has done extensive research on how maximizing Social Security income can prolong the life of one’s portfolio.
Constantly Checking Your Phone May be a Sign of Depression
Good Housekeeping: Research conducted by Baylor University found that individuals who frequently check their cellphone may be trying to improve how they feel emotionally. Similar to substance addictions, cellphone addiction could be an attempt at mood repair, the study found. Baylor researchers recruited 346 men and women with an average age of 21 and analyzed their personalities and level of mobile phone addiction through their answers to a detailed questionnaire.
Can Money Buy Us Happiness?
U.S. News & World Report: The adage “money can’t buy you happiness” may have some exceptions. According to this article, there are a few purchases that can lift consumer’s spirits. James Roberts, The Ben H. Williams Professor of Marketing at Baylor’s Hankamer School of Business, is quoted saying the thrill of purchases are short-lived while paying for experiences allows one to “savor the memories…for a lifetime.”