In his interview Sunday, Kasich expressed caution about proposals to reform Social Security by raising minimum age requirements for recipients or changing the way cost of living allocations are figured.

CNN: Kasich Throws Hat Near 2000 Ring -- Sort Of

What matters in successful portfolio management is deciding upon a sensible allocation based on your needs, filling those allocations with low-cost investments such as index funds and ETFs, and then staying the course through all market conditions.

FORBES: Agonizing Over Optimal

Rather, they hold fixed allocations in several asset classes using low-cost index funds or exchange-traded funds (ETFs) and rebalance their portfolios back to a target as needed.

FORBES: Want Lower Returns? Try Timing Industry Sectors

At a more sophisticated level, a manufacturing job shop I consulted for had a cost estimate per job, but it included lots of overhead allocations.

FORBES: Businesses Lose Money From Bad Accounting