When Times Are Bad Pt. 2
“The stock market is a battlefield. Always remember to survive in the game first. Only those that survive the battle can enjoy the spoils of…
Read More
Closest Thing to a Fat Pitch in Investing
“Interest rates go up and down, stock markets boom and bust, but human psychology never changes. I believe that studying how people think about and react to markets—and particularly studying the most common mistakes investors make—can give us an edge...
read more
The Age-Based Portfolio
“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in…
Read More
Should I Borrow Against my Portfolio?
“We were dramatically pushed to put these on all of our client accounts.”– Steven Dudash, former Wall Street broker. Traditionally reserved for high net worth…
Read More
Should I Consolidate My Assets?
“The ability to simplify means to eliminate the unnecessary so that the necessary may speak.”– Hans Hofmann. Having multiple investment managers is often viewed as…
Read More
Hedging Equities with… Equities?
In response to the financial crisis, investment managers scrambled to find alternative strategies to soften total portfolio risk during extreme market drawdowns. Hedge funds, with…
Read More
Money Quotes
Over the 4th of July weekend I made it a point to unplug and reflect. I do some of my best thinking when I’m off…
Read More
Fear Sells. Don’t Buy It.
I have a close relative that is debating taking a new job. The new position would be more favorable from a tax standpoint, commute time,…
Read More
The Bond Market Doesn’t Believe the Fed
“Just remember that 10 of the last 13 Fed hiking cycles have been miscalculations that ended in recession.”– David Rosenberg, Chief Strategist at Gluskin Sheff….
Read More
Valuation Matters, Except When It Doesn’t
“The market can remain irrational longer than you can remain solvent.” John Maynard Keynes, Economist The Shiller price to earnings ratio (CAPE) is a popular…
Read More