I’m Bob French, the investments guy at Retirement Researcher. I’m also the Director of Investment Analysis at McLean Asset Management. My goal here is to help you use your investments to meet your retirement goals.
Prior to joining Retirement Researcher and McLean Asset Management, I was in charge of designing the analytical engine for instream – a financial planning tool that financial advisors use with their clients. I became a CFA Charterholder in 2010.
Before instream, I was at Dimensional Fund Advisors, and I was in charge of a data analysis tool that they provided to their financial advisor clients. Aside from helping people with the mechanics of the tool, most of my time was spent helping them understand how to interpret and explain the results to their clients. And it’s this piece – just writ a little larger – that I’m excited to have the opportunity to do here at Retirement Researcher. All of the information that you need to invest well is out there (somewhere), but I want to help give you the context and understanding to use that information to reach the retirement that you deserve.
Because financial markets are habitually unpredictable in the short run, it’s challenging to draw useful conclusions based on extreme observations. However, there are important lessons investors would be well-served to remember: Capital markets generally reward long-term investors, and having a resolute investing approach may better prepare you for the next crisis and its aftermath.
People use a lot of adjectives to describe the market, but we’re excited to say we are currently experiencing what we would call a “boring market.”
We’ve recently gotten some questions about investing in Bitcoin and other cryptocurrencies, so I want to take this chance to talk about them. To avoid burying the lede, let me just say this up front: they really aren’t viable investment options.
Index funds dominate the passive management landscape (though they are not the entirety). But just because there’s no way to guess which active managers will do well in the future doesn’t mean index funds don’t have problems themselves.
The numbers show that active management simply doesn’t work. There are several arguments against active fund managers, but one of the most damning is that winners don’t seem to repeat.
Everyone is always eager to declare the death of diversification. They say it fails in a crisis, that correlations are going up throughout the markets, or that building a diversified portfolio is just too dang time-consuming and expensive (seriously). Now people are…
We all wonder how the markets did today. Whether it’s actually useful information or not doesn’t seem to matter. Daily returns present an easy, attention-grabbing story the media can fill a couple minutes with every day.
Some People Are Saying Bonds Don’t Provide Diversification Benefits, and They Couldn’t Be More Wrong
Diversification is a good thing. It’s the only free lunch in finance.
Risk is one of those complicated concepts that you can’t really pin down to one definition, but it’s the single most important factor for investors.
Statistics are great and all, but just because the numbers say something will happen doesn’t make it the gospel truth.