Tag Archives: returns
There continues to be a lot of focus on the consequences of today’s low-rate environment. In such an environment, one of the most important things an investor can do is economize on the cost of the financial services they’re buying … Read more
A few months ago, my wife and I opened a small savings account for our young children to help teach them the power of saving. Compound interest. All that good stuff.
We talked about taking their pennies, dimes, and birthday … Read more
There’s been a lot of back and forth about the differences between the posted performance of a mutual fund or exchange-traded fund (ETF) and the returns actually realized by investors taking into account cash flow.
Reading the discussion around this, … Read more
I recently had the chance to reread A Random Walk Down Wall Street by Burton Malkiel as part of a work-related book club.
Having read the book in a business school class very early in my career, I promptly ignored … Read more
Like everyone else, I’ve been reading (well, skimming) reams of year-end—and in some places, “decade-end”—economic summaries. There’s lots of talk about black swans, financial “Frankensteins,” lost decades, and fundamental changes in investor behavior.
Black swans are old news, and I’ve … Read more
For 35 years I’ve carried a quotation in my wallet. More precisely, I’ve moved the quotation, clipped from a now-defunct newspaper, from wallet to wallet to wallet over the decades.
The quotation is from Willa Cather’s “O Pioneers”:
“There are … Read more
You were getting close to retirement, and you’d thought you’d saved enough.
And then the market tanked.
So, you decided to stick it out and try to regain what you’d lost. Other changes to your portfolio structure or your investing … Read more
Nearly 20 years ago, I helped a group of friends start an investment club.
We were regulars at a friendly poker game, so we named our venture the Busted Flush Investment Club. My hope was that I could interest these … Read more
I’ll admit it’s a stretch for investors to find something positive from the past 18 months or so. But perhaps one plus is that a number of investing beliefs are under examination, and that many of us are reconsidering our … Read more