Resources

Top 10 Personal Finance Books

Tim Maurer was assigned a task: put together a list of his five favorite books from the world of personal finance. He came up with 10. In this video, Maurer, director of advisor engagement for the BAM ALLIANCE, walks us through his wide-ranging library, which includes books that focus on financial planning, behavioral economics, life…

Time Is Not on Active Management’s Side

Larry Swedroe summarizes the recently released mid-year 2018 SPIVA report, which once again offers powerful evidence regarding active management’s inability to persistently outperform. Since 2002, S&P Dow Jones Indices has published its biannual Indices Versus Active (SPIVA) reports, which compare the performance of actively managed equity funds to their appropriate index benchmarks. The 2018 midyear scorecard includes…

Market Volatility and Equity Performance

When stock markets drop, it can be tough to see past the pain and recall that your investment plan incorporates such risks. To help you take the long-term view, Chief Investment Officer Jared Kizer puts October’s market moves into perspective. When the stock market drops, it can be tough to see past the immediate pain….

An Awakening Bear?

Larry Swedroe offers some points to consider before you succumb to an urge to abandon your well-thought-out financial plan over recent swings in the stock market. Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.—Peter Lynch On Oct. 10, 2018, the…

Examining Bond Premiums

Larry Swedroe takes a look at the two premiums that help to explain the performance of bond portfolios. In my previous blog, we looked at the size and volatility of the three equity premiums of beta, size and value. Today we turn our attention to the two premiums that help explain the performance of bond portfolios,…

Understanding The Financial Crisis

The 10th anniversary of the Great Financial Crisis has led many investors to seek guidance on how to prepare for the next market downturn. Larry Swedroe shares some lessons to help investors weather the next crisis with confidence. The 10th anniversary of the Great Financial Crisis is the subject of lots of articles and media…

A Guide to Starting Family Financial Conversations

Jeff Johnson, Wealth Advisor, 9/17/2018.  I’ve been a close observer of the way families make, communicate and implement financial decisions for most of the last four decades. In that time, I have learned that many individuals and couples make family wealth and lifestyle planning decisions privately, then avoid discussing them with other family members because it’s an uncomfortable…

Making Harmony with Money

In an open letter to his children, Wealth Advisor Tad Gray shares some important financial lessons for young professionals just starting their careers. In particular, he writes, the right mindset is a crucial tool for developing good money habits. Wealth Advisor Tad Gray, CFP®, penned the following article, an open letter to his children, for…

A Factor with Caveats

The low-beta anomaly may be persistent and pervasive across the globe, but, research shows its returns are explained well by other now-common factors and its premium is dependent on certain circumstances. As director of research for Buckingham Strategic Wealth and The BAM Alliance, I’ve been getting lots of questions lately regarding the advisability of investing…

The Mathematics of Asset Location

In a follow-up to his overview of the asset location decision, Kevin Grogan takes a more comprehensive look at how a security’s expected return and risk characteristics can change based on the tax treatment of the savings vehicle in which it’s held. Our recommendation on asset location is to prefer holding tax-inefficient assets in tax-advantaged…

Active Management’s Surprising Survival

Many investors still choose active management, despite the fact that it’s becoming even more of a loser’s game as time marches on. Fortunately, Larry Swedroe writes, more people are taking greater notice of the evidence. It’s truly an amazing paradox. According to the Thomson Reuters Lipper second-quarter 2018 snapshot of U.S. mutual funds and exchange-traded…

Re-Examining Emerging Markets Equity

In a look at both the long-run and the current market data, Jared Kizer offers five lessons that reinforce some of the reasons investors should remain committed to a long-term emerging markets equity allocation. Emerging market equities have substantially underperformed the S&P 500 Index in 2018, with the S&P 500 up 6.5 percent and emerging…

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