A recent study only reinforces the important link between mutual fund costs and performance. However, as Larry Swedroe explains, its results happen to offer plenty of good news for investors on both sides of the active versus passive debate. Stock-picking pros aren’t stupid. They’re just expensive. —John Bogle, Money Magazine: 2011 Investor’s Guide There’s a …Read More.
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 …Read More.
One way to evaluate an equity factor’s pervasiveness is to determine whether it provides a premium at the sector/industry level. With this metric in mind, Larry Swedroe unpacks new research that shows the value and profitability factors pass the test. In our book, “Your Complete Guide to Factor-Based Investing,” Andrew Berkin and I provide five …Read More.
The decisions we make surrounding family wealth and lifestyle planning can oftentimes be uncomfortable. Wealth advisor Jeff Johnson breaks down where and how you might want to start your family’s next important conversation about money. I’ve been a close observer of the way families make, communicate and implement financial decisions for most of the last …Read More.
When it comes to understanding and then accepting the nature of the investment risks that you’ll have to live with over time, forewarned is forearmed. Larry Swedroe puts the size and volatility of equity premiums into better perspective. The stock premium—the annual average return of stocks minus the annual average return of one-month Treasury bills—has …Read More.
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 …Read More.
There’s a vastly different, more rewarding way to accomplish what we call “work” than how many of us have been taught. Tim Maurer asks: What would it look like if we did our job, profession or calling as an artisan? You likely feel as though you don’t have enough time to watch a video that is …Read More.
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, …Read More.
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 …Read More.
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 …Read More.