What are Market Valuations? (Part 1)

Taking distributions from an investment portfolio amplifies the impacts of portfolio volatility, making retirement income planning particularly tricky as distributions tend to be the primary income source for retirees. We can use Monte Carlo simulations to show the increase of money-weighted investment returns in retirement, which has important implications about the choice for a fixed portfolio return assumption.

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Socially Responsible Investing Doesn't Make Sense - Except When it Does

Socially Responsible Investing Doesn’t Make Sense – Except When It Does

Taking distributions from an investment portfolio amplifies the impacts of portfolio volatility, making retirement income planning particularly tricky as distributions tend to be the primary income source for retirees. We can use Monte Carlo simulations to show the increase of money-weighted investment returns in retirement, which has important implications about the choice for a fixed portfolio return assumption.

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Putting Monday's Drop in Perspective

Putting Monday’s Drop in Perspective

The appeal of market timing is obvious. Who wouldn’t want to get in and out of the market at the best time every time? We’ve talked a lot about market timing in the past – timing risk premiums, trying to time the markets on a daily basis, and the importance of staying disciplined even when it seems obvious the markets are going to go down.

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Are Bitcoins a Good Tool for Retirement Investors

Are Bitcoins a Good Tool For Retirement Investors?

The appeal of market timing is obvious. Who wouldn’t want to get in and out of the market at the best time every time? We’ve talked a lot about market timing in the past – timing risk premiums, trying to time the markets on a daily basis, and the importance of staying disciplined even when it seems obvious the markets are going to go down.

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On the Power of Disciplined Investing

The appeal of market timing is obvious. Who wouldn’t want to get in and out of the market at the best time every time? We’ve talked a lot about market timing in the past – timing risk premiums, trying to time the markets on a daily basis, and the importance of staying disciplined even when it seems obvious the markets are going to go down.

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One of the Most Successful Active Managers of all Time Shows Why Active Management Doesn’t Work

The appeal of market timing is obvious. Who wouldn’t want to get in and out of the market at the best time every time? We’ve talked a lot about market timing in the past – timing risk premiums, trying to time the markets on a daily basis, and the importance of staying disciplined even when it seems obvious the markets are going to go down.

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5 Ways You’re Sabotaging Your Retirement

It seems that no matter how much information is out there, people are still hitting retirement with little or no preparedness at all. Here are 5 of the most common ways people are sabotaging their retirement.

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How Does Diversification Actually Work?

Diversification is a good thing. Nearly everyone agrees that it’s just about the only free lunch in finance.

But not many people stop and think about how diversification actually helps them, beyond the general “don’t put all your eggs in one basket” argument.

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When Tax-Loss Harvesting Makes Sense (And When It Doesn’t)

Tax-loss harvesting, when done right, is the equivalent of turning your financial lemons into lemonade, by converting your market losses into tax savings. Successful tax-loss harvesting lowers your taxes without substantially impacting your long-term investment outcomes.

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A Terrible Way To Protect A Retiree From Inflation

People seem to think commodities (especially gold) are suitable guards against inflation. I want to explain why that’s not true, and tell you about some of the much better tools available.

I want to explain why that’s not true – at least over any useful time frame – and then tell you about some of the much better tools available.

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