Over the years I have run into people that have multiple leaves but separate piles for each leaf. In other words, they have multiple advisors to help them manage their assets. The reasoning they explain in having multiple advisors is that they are trying to "diversify" their risk. For some, that risk is the potential "bad egg" advisors that are out there (Madoff's a prime example of why people... READ MORE

I came across this article over the weekend in The New York Times , Clueless About 2020, Wall Street Forecasters Are at It Again for 2021 . It hits the nail on the head when it comes to market predictions. Even the smartest analysts in the industry have a hard time predicting market returns. Despite the anomaly that 2020 has been, previous years have been no different when it comes to the... READ MORE

I ran across an interesting article last week written by Larry Swedroe. Mr. Swedroe is a prolific writer having written eight books and numerous articles explaining, in layman's terms, how to be a successful investor. The article is titled, "The Importance of Diversification in Achieving Long-Term Goals." The beginning of the article describes a hypothetical investor who inherited $1 million in... READ MORE

The spread of Coronavirus and its impact on our health and the economy are increasingly becoming a more serious concern. We’ve reached more than 82,000 confirmed cases and the virus is continuing to spread globally, including in the U.S. Predicting what the next several months look like is impossible, but it's clear that the market is pricing in some serious economic concerns. As of 2/27, the... READ MORE

Jason Zweig's latest contribution to the Wall Street Journal is called "Putting the Buy-and-Hold Gospel to the Ultimate Test." Click here to read the full article. In the article, he discusses the biggest stock market crash of them all that began in 1929.  The stock market fell 89.2% from peak to trough and, excluding dividends, did not recover for over a quarter century. As Zweig states,... READ MORE

A portfolio of all stocks is great when the market is rising. In that scenario (like the one we’re in today in the U.S. stock market), the old adage “a rising tide lifts all boats” holds true. But what happens when the market falls? Unfortunately, in many cases, the benefit of being diversified among many stocks goes away in times of stress since they all tend to go down in value.... READ MORE

Every week, we read a TON of information. Blogs, articles, research papers…it’s our job to be informed about what’s happening in the market, economy, and society in general. Most people don’t have the time to sort through so much information, so we’ll do it for you. Every week, I will post some of the best charts, graphics, tweets, etc, that I find and put it here in a quick, digestible... READ MORE