Quarterly Commentary, Q1 2019
Global equity markets were positive across the board for the first quarter, with Real Estate Investment Trusts (as measured by the Wilshire REIT Index) being the best performing asset class.
Fixed Income: Keep it Safe and Stable
The ingenuity of brokerage firms and mutual fund managers never ceases to amaze us. Every time we blink an eye, a new type of hedge fund or mutual fund enters the market with a well-thought-out name, promising to be the next great investment opportunity.
Chasing Returns: Part Two – Avoiding Recency Bias
What is “recency bias”? It comes from the field of Behavioral Economics and represents a tendency for some people to focus solely on "what's happened lately" when evaluating or judging something.
With a Little Help from My Friends
A popular Beatles tune contains the lyrics, “Oh, I get by with a little help from my friends.” These comforting words of wisdom can apply to many aspects of life, including the investing world. Sometimes it takes the help of a few friends to provide better solutions for clients, and that’s exactly what happened back in 2003.
Buffett’s Explicit Instructions to His Wife: Index!
It’s interesting that Warren Buffett, the fourth wealthiest person in the world (according to Forbes) and one of our most successful investors, offers some sage investment advice to his adoring public that is largely ignored. His simple message to investors is to avoid trying to beat the market.
Dispelling individual bond myths
Many investors will buy mutual funds for the common stock portion of their portfolio but prefer individual bonds for the fixed income portion.
Mutual Funds versus Separate Accounts
Mutual funds have become tremendously popular over the past two decades. Their efficiency and simplicity have been a boon for investors. Recently, the popularity of separate accounts has seen resurgence. Many articles have been written claiming that separate accounts are…