White Paper on Computing Tools for Promoting Sound Investment Decisions

Numerous academic studies document that retail investors make systematic “mistakes” in assessing the risk and return characteristics of their portfolios. In this paper, I introduce a computing tool which can help individuals better assess these characteristics by displaying simulated portfolio returns. This paper features a demo version of this calculator for the federal government’s Thrift Savings Plan. The output shows that riskier investments can lead to higher wealth outcomes than less risky investments although this outperformance is sensitive to assumptions about the mean return, particularly at long horizons. In addition, the risk of such investments does not decrease but rather increases with time horizon.

Spotlight

Queensland Audit Office

The Queensland Audit Office, led by the Auditor-General, is the independent auditor of the Queensland public sector. We conduct financial audits and performance audits to provide public confidence in the reliability of public sector entity financial statements and operating performance. These audits result in reports to parliament, and provide recommendations to entities on how they can improve the efficiency and effectiveness of public services.

OTHER WHITEPAPERS
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ACTIVE DATA GOVERNANCE METHODOLOGY

whitePaper | November 21, 2022

Why Data Governance is on Everybody’s Mind Data governance is a hot topic. Its rising popularity is fueled by: Exploding data growth, Headlines on major data breaches, Expanding privacy regulations, Consumer & organizational concerns, New types of extrinsic security threats, and an overall trend of Market growth

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Beyond the VPN: Zero Trust Access for a Federal Hybrid Work Environment

whitePaper | February 27, 2023

The virtual private network (VPN) has been a powerful tool in the network security administrator’s toolbox for decades, because it has provided a means for remote computers to communicate securely across an untrusted network such as the internet. Whether for branch offices communicating with headquarters (siteto-site), or an employee working from home (remote access), the VPN provided a secure point-to-point tunnel back to resources on protected networks.

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THE FUTURE OF AI REGULATION: THE GOVERNMENT AS REGULATOR AND RESEARCH & DEVELOPMENT PARTICIPANT

whitePaper | March 3, 2020

Artificial intelligence (AI) systems have raised concerns in the public—some speculative and some based in contemporary experience. Some of these concerns overlap with concerns about privacy of data, some relate to the effectiveness of AI systems and some relate to the possibility of the misapplication of the technology. At the same time, the development of AI technology is seen as a matter of national priority, and fears of losing the “AI technology race” fuel national efforts to support its development.

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FIDO for e-Government Services

whitePaper | December 13, 2022

The global COVID-19 pandemic closed offices and forced governments to rapidly move services online, if they weren’t already, to serve its citizens. Although usernames and passwords are easy to deploy and easy for citizens to use, they leave systems and users vulnerable to cyberattacks. They are especially vulnerable to phishing attacks designed to steal login credentials and compromise legacy multi-factor authentication (MFA) tools like those using one-time passwords (OTP) and push notifications. With phishing attacks on the rise, it is imperative for governments to support “phishing-resistant” MFA technology that is also accessible, efficient, and cost-effective.

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The Ultimate Guide to Government CX

whitePaper | December 26, 2019

Transforming the way governments serve the public is about more than choosing the right technologies. This level of change requires agencies to rethink how they engage their customers — from citizens and external partners to the frontline employees assisting the public.

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Unlocking UK Digital Identity in 2022

whitePaper | June 1, 2022

we have seen progress made towards the creation of a fully functioning Digital ID marketplace by the UK Government with the publication by DCMS of the Alpha version 2 of the UK Digital Identity & Attributes Trust Framework2 in September 2021 following a lengthy period of consultation with - and substantive input from

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Spotlight

Queensland Audit Office

The Queensland Audit Office, led by the Auditor-General, is the independent auditor of the Queensland public sector. We conduct financial audits and performance audits to provide public confidence in the reliability of public sector entity financial statements and operating performance. These audits result in reports to parliament, and provide recommendations to entities on how they can improve the efficiency and effectiveness of public services.

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