Category Archives: Investing

What Is the Value of a Financial Advisor?

What is value? The answer seems simple in one sense: Value is what something is worth. We apply this principle every day when we make purchases. If the value we attach to a certain object or service is equal to … Continue Reading

Posted in Behavioral Finance, Financial Advisor, Rebalance | No Comments

What to Do when the Markets are Up, Down or Sideways?

Our country recently experienced one of the most raucous and divisive presidential elections in recent memory. And, since January, we have been bombarded with news related to the new president’s actions and policies. Depending on your preferred news source, the … Continue Reading

Posted in Behavioral Finance, Investing | No Comments

Prophets and Profits: Beware Those Cloudy Crystal Balls

A friend of mine tells about a former colleague, a stockbroker, who was famous around the office for his frequent, dire financial predictions. “He successfully predicted five of the last two bear markets,” my friend remarked. On the other side, … Continue Reading

Posted in Market Timing, Prognostication | No Comments

Risks & Rewards of International Investing: Part II

In our last article, we noted that international factors are very much on investors’ minds as they look toward 2017. According to a recent Morgan Stanley survey, four of investors’ top five concerns for this year arise from global trends. … Continue Reading

Posted in Investing | No Comments

Risks & Rewards of International Investing: Part I

A December 2016 article on Marketwatch.com reported on a Morgan Stanley survey of investors that listed respondents’ top five financial worries for 2017. In order from greatest to least, these were: The breakup of the European Union; A recession in … Continue Reading

Posted in Investing | No Comments

There’s an ETF for That — or Not

Morningstar’s annual ETF report finds that as of December 6, 2016, 220 new exchange-traded products (ETP) (inclusive of exchange-traded funds and exchange-traded notes) were launched in the U.S. market in 2016. This places 2016 fourth behind 2007, 2015 and 2011 … Continue Reading

Posted in Investing | No Comments

Should Market Highs Influence Investment Decisions?

Given recent headlines about indices like the Dow Jones Industrial Average and the S&P 500 Index hitting all-time highs, I thought I would share a piece I received this month from Dimensional Fund Advisors (Dimensional). Dimensional poses this essential question: … Continue Reading

Posted in Investing, Market Timing | No Comments

University Endowments and Investment Returns

Each year Pensions & Investments (P&I) does a story on the performance of endowments of American colleges and universities. This year, as of June 30, returns of more than 80 percent of the 31 funds they track ended up in … Continue Reading

Posted in Investing | No Comments

Don’t Fear Market Volatility

This year started out the worst on record for U.S. equities. However, since the declines in January and February, markets have recovered quite nicely. Today all major asset classes with the exception of some international markets have posted positive returns. … Continue Reading

Posted in Investing | No Comments

How to Take Advantage of Market Downturns

“What goes up must come down. Spinning wheel got to go round.” This year’s market calls to mind those classic lyrics from the group Blood, Sweat, and Tears — all things that have clearly been shed in 2016! It’s been … Continue Reading

Posted in Investing, Market Timing | No Comments