Dalbar's Harvey: Investors' best intentions lead to bad results

Lou Harvey, president of Dalbar Inc. discussed his firm's latest survey showing that the moves investors make ultimately put them behind the market and the funds they own, noting that the problem was particularly acute in 2018 when a market downturn shaved more than 4 percent off the Standard and Poor's 500 but took more than twice that amount out of the portfolio of the average investor who made moves hoping to avoid potential losses. Also on the show, Peter Lang and Jeffrey Corliss of HighTower Advisors discuss longevity planning and financial stress tests, Eric Satz of AltoIRA discusses the use of alternative investments in retirement-savings vehicles, and Stuart Ritter of T. Rowe Price covers the surprising savings habits of gig-economy workers.