Today’s investor has more options than ever when it comes to where to put your money. These choices can be overwhelming, so today we will focus on a basic question often put before an investor. Should I buy an ETF or a mutual fund?
Read moreThe Equity Premium
Last week I talked about style premiums and the different types we use to diversify portfolios. Today I will focus in on one in particular: the equity premium...
Read moreA Review of Style Premiums
It has been said that diversification is the only “free lunch” in investing. I’ve found that most investors have a poor understanding of what it means to maximize their diversification. The first level of diversification is across asset classes...
Read moreThe Future of Market Returns Part 3: What to do now?
We have seen that there are some pretty good arguments that the future of stock and bond returns will be less than they have been in the recent past. I want to make a point to say that these predictions are anything but set in stone. Nobody can...
Read moreThe Future of Market Returns Part 1: Stocks
My clients and any regular reader of this blog know I am not in the business of making predictions about the future. Trying to time the market or pick individual stocks has been proven to be a losing strategy. We must, rather, try to predict...
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