Empowering You to Live Your Best Financial Life
Our expertise in financial, investment, and retirement planning will guide your path to financial fulfillment.
Realize That…You Just Don’t Know
Having invested other people’s money for more than 30 years and studied other managers doing the same, it is clear to me that the markets cannot be beaten.
A Guarantee That’s Not Truly Guaranteed
Do you want a guaranteed investment return? If you answered yes, I hope you added the condition that it depends on who is providing the guarantee and what that guarantee actually is.
Don’t Just Do Something! Stand There!
The annual update to DALBAR’s Quantitative Analysis of Investor Behavior (QAIB) study confirmed once again that when we make moves in our portfolio, we are much more likely to be losers rather than winners.
Guns vs. Butter
We have limited resources, be they friends, family, money, skills, experience, or whatever. There is nothing we have that is without limit. The key to finding your own financial happiness is allocating your resources appropriately.
You Can Never Go Back
Our technological progress has only just begun. If you want to participate in this growth financially, the best approach is through company ownership in a diversified fashion among industries, geographies, and sectors.
Here’s a Secret: Your Financial Plan Is Wrong
They say close only counts in horseshoes and hand grenades. Close also counts in financial planning if you are diligent enough to continue to plan. Today’s financial tools offer terrific detail regarding your financial future.
Do Not Consider Investing in Real Estate (Including Your Own Home) With More Than 20% of Your Assets
If you create a pie chart of all your investment assets and real estate is more than 20%, do not consider investing in more real estate. I understand that your home may, itself, be greater than 20% and I’m ok with that because it is much more than just an investment.
Sell Your RSU and ESPP As They Vest
Your Company Stock awards are part of your total compensation for work. They are not a bonus and they are not lottery tickets. You work hard for your company and part of your pay includes these stock awards.
Make No Predictions of Markets Over Short Periods of Time
Stock prices are determined by buyers and sellers, of course, but those buyers and sellers are entirely human. And humans are filled with emotions.
Rebalance Your Portfolio
Your Long-Term Portfolio has target percentages for each fund and asset class. We start investing by placing those amounts in each fund so that we are perfectly balanced. The day you initially invest will be the last day you are perfectly balanced.
Structure a Portfolio Whose Behavior in Market Crashes is Acceptable
If you are 40 years old, you will likely experience 5 to 8 more market crashes during the rest of your life. You can try to predict them and trade through them, but history says you won’t be successful as no one has ever done so through more than one or two.
Keep the Same Investment Strategy Regardless of Your Stage in Life
The markets do not care what stage of life you are in. I know that sounds funny, but we can sometimes think we should invest differently because of something going on in our own life.