At the start of 2016, global stock markets plummeted, rattled by China, oil, and fears that the Federal Reserve was dangerously out of step with monetary policies in Asia and Europe. The turmoil fueled speculation that the United States might … Read more
The good news: The cost of investing continues to decline. The better news: The cost of investing at Vanguard continues to decline at an even faster rate.
According to a new research report from Morningstar, the asset-weighted average expense ratio … Read more
The timing of the U.S. Federal Reserve’s interest rate “liftoff” was a focal point of global economic and market news for most of last year. I was regularly asked by clients how they should be responding to this anticipated interest … Read more
I grew up in a larger-than-average family—the oldest in a family of four boys. Needless to say, there was a lot of sibling rivalry as we jockeyed for our parents’ attention and strove to map out our identities—the smart one, … Read more
On June 23, voters in the United Kingdom will decide whether to remain part of the European Union or withdraw from it. The possibility of a British E.U. exit—often shortened to “Brexit”—has caused lots of noise in the press. But … Read more
On my computer monitor, I have taped a small piece of paper with the words primum non nocere. It’s Latin—a “dead” language that pervades modern life—for “first, do no harm.” The underpinnings of the Hippocratic oath, it is as applicable … Read more
A friend called me a few weeks ago wondering if I had time for a personal finance question. I was watching “Shark Tank,” so I was primed for a talk about money! He’s upgrading to a bigger house and needed … Read more
It’s safe to say there are few people who would associate fixed income investing with gymnastics. But watching my daughter perform at her recent gymnastics competition—where I’m proud to say she performed like a champ—it occurred to me that the … Read more
Eight years in, and Warren Buffett is holding strong. The Oracle of Omaha is up against a team of hedge funders from the Big Apple. And he’s winning.
At Berkshire Hathaway’s 2007 shareholder meeting, Buffett, the Berkshire Chairman and CEO, … Read more