Recently we wrote a blog covering the signs of inflation we are currently experiencing and defining the type of inflation this could ultimately lead to. All of that is summed up here. This WJ Notes is the Part II to the blog and is going to cover how inflation will ultimately affect the portfolio, and what we can do about it. We recommend reading the first part in order to have a better... READ MORE

Another decade came to a close last year. I thought it would be interesting to compare the last decade to the previous four decades. The table below shows returns for 5 primary asset classes and a globally balanced 60% stock/40% bond portfolio. For each decade the highest returning asset class is at the top while the lowest returning is at the bottom. A few observations: Stock returns across... READ MORE