Category Archives for Investment Advice

Market Review 2021: A Recovery Amid Challenges

Financial Education & News Investment Advice Retirement Advice

It was a year of uncertainty and anticipation, of hopes for a return to a degree of normalcy following the onset of the COVID-19 pandemic in 2020. And it was a year that showed, again, the difficulty of

A New Year Conversation

Financial Education & News Investment Advice Retirement Advice

This is no surprise. The world is enormous. To cope with information overload, we engage in what behavioral psychologists refer to as heuristics. These are rules of thumb or mental shortcuts that take

Evidence-Based Investing in Brief

Investment Advice

How do you invest your money over the long term? If you’ve read much of our work, you’ve probably noticed we embrace evidence-based investing. But what does that mean?

Why a Stock Peak Isn’t a Cliff

Blog Investment Advice

Reaching a new high doesn’t mean the market will retreat. Stocks are priced to deliver a positive expected return for investors, so reaching record highs regularly is the outcome one would expect.

Myth-Busting with Momentum: How to Pursue the Premium

Blog Financial Education & News Investment Advice

While both simulated and real-world data suggest momentum may not be suitable as a driver of long-term asset allocations, we believe momentum considerations can be integrated in a cost-effective way to

CAPE Fear: Should Investors Be Concerned With Market Valuations?

Blog Financial Education & News Investment Advice

Market valuation ratios are, therefore, analogous to sundials: They’re fine as a rough gauge for the passage of time, but using one as an oven timer may leave you with an inedible casserole.

When It Comes to SMAs, How Do You Measure the Impact of Personalization?

Blog Financial Education & News Investing Resources Investment Advice

Many investors want their portfolios to do more than just pursue reliable premiums. They may also want to seek tax efficiency; reflect their environmental, social, and governance (ESG) values; respect

Reading Fed Tea Leaves? Watch Market Prices Instead

Financial Education & News Investment Advice Retirement Advice

Yields reflect the aggregate expectations of all market participants, including opinions on how and when the Fed will act. And even if a crystal ball could reveal the timing and direction of the Fed’s

The Ever Changing World Goes On

Blog Financial Education & News Investment Advice

“News is, by definition, something that doesn’t last. It exists for only a moment before it changes. … It’s not important to living a good life. It’s not going to help you make better decisions.

All-Time-High Anxiety

Investment Advice

Financial journalists periodically stoke investors’ record-high anxiety by suggesting the laws of physics apply to financial markets—that what goes up must come down.