Resources

Bear Markets to Be Borne With Equanimity

When faced with stock market volatility, it’s critical to take the long view. Larry Swedroe helps keep things in perspective with a look at why disciplined investors have been rewarded for their patience. The holiday season is supposed to be about good cheer. Given the economic news, you might think investors would have plenty to…

Do You Want to Buy What’s Cheap or Expensive?

In a new look at why global diversification remains the prudent strategy, Larry Swedroe writes that equity valuations today suggest investors are likely to be disadvantaged if they underallocate to emerging market stocks. You have a choice to invest in asset class A, which has a one-year forward-looking price-to-earnings (P/E) ratio of 10.6; or asset…

Putting Panic Into Perspective

There’s always something to worry about when it comes to the stock market, but panic selling all-too-often ends in disaster. That, Larry Swedroe writes, is why it’s so crucial for investors to have a prudent, well-thought-out financial plan in place. As the director of research for Buckingham Strategic Wealth and The BAM Alliance, whenever markets…

Are Corporate Bonds Worth the Risk?

After a look at the historical evidence, Larry Swedroe makes the case that investors haven’t been adequately compensated for taking on the various risks, implementation issues and other planning requirements associated with corporate bonds. It’s important that investors understand all risky assets can experience long periods of underperformance. My favorite example that makes this point…

Minimize Taxes Over a Lifetime

For a more secure retirement, think larger than simply trying to pay the least amount in taxes each year. Wealth Advisor Bill Morgan outlines the process for building an overarching spend-down strategy designed to minimize taxes over a lifetime. Almost every client we talk with emphasizes one primary, overriding goal: having enough money in retirement….

Temperament Trumps Intellect in Investing

Larry Swedroe offers his seven keys to remaining a patient and disciplined investor over the long haul. Legendary investor Warren Buffett famously stated: “Success in investing doesn’t correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing.” The reason temperament…

The Guide to Happy Giving

The giving season is now underway, so we’re revisiting some tips from Tim Maurer about how to transform an often stressful (and, at times, guilt-ridden) element of the holidays into something life-giving and fulfilling. The giving season is underway, with the holidays and year-end bearing down on us. So how can we transform one of…

Behavioral Mistakes and Mutual Fund Managers 

Research shows a mutual fund manager’s good (or bad) experience with a stock can bias the decision to repurchase it. That, Larry Swedroe writes, is another reason to favor passive vehicles not subject to such potentially harmful trading behavior. “Behavioral finance” is the study of human behavior and how that behavior leads to investment errors,…

The S&P 500 Goes Supernova

Since the global financial crisis, the S&P 500 has posted truly astounding returns. Jared Kizer explores why such performance may not repeat for many decades to come, as well as what investors can expect from U.S. large-cap stocks going forward. I think most investment professionals are generally aware of how well the S&P 500 has…

Credit Premium: Fact(or) Fiction

Are corporate bonds additive to portfolios that already own stocks and government bonds? Jared Kizer revisits this question with a look at the historical justification for, and some facts and fiction regarding, the investment-grade credit premium. The above title may well end up being my most significant marketing achievement. Yet, it is a good descriptor…

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