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Here are some of those thoughts. I have been watching a lot of Monte Carlo on the Tennis Channel, but, oddly, have little to say about it. That is because I have often been falling asleep while I watch. This is one of my favorite things to do - fall asleep while watching tennis. But [...]

So far Monte Carlo software is pretty much available only to financial planners, but that will also soon change. Similar analysis, under the name of Stochastic Modeling or Probability Analysis, are the most reliable methods in which to test ones financial plans success probabilities. Among these uncertainty thinkers, investment advisors warn personal financial planners to [...]