Resources

Putting Panic Into Perspective

There’s always something to worry about when it comes to the stock market, but panic selling all-too-often ends in disaster. That, Larry Swedroe writes, is why it’s so crucial for investors to have a prudent, well-thought-out financial plan in place. As the director of research for Buckingham Strategic Wealth and The BAM Alliance, whenever markets …Read More.

Are Corporate Bonds Worth the Risk?

After a look at the historical evidence, Larry Swedroe makes the case that investors haven’t been adequately compensated for taking on the various risks, implementation issues and other planning requirements associated with corporate bonds. It’s important that investors understand all risky assets can experience long periods of underperformance. My favorite example that makes this point …Read More.

Play it Safe in Muni-Land

Municipal bond investing, it appears, is growing riskier. Larry Swedroe explores some of the reasons why and argues that, given fixed income’s primary role is one of safety, it’s becoming more important to focus on credit quality. While I could provide an almost endless list of forecasts that went wrong from so-called experts, among the …Read More.

The Basics of a Spend-Down Strategy

For a more secure retirement, think larger than simply trying to pay the least amount in taxes each year. Wealth Advisor Bill Morgan outlines the process for building an overarching spend-down strategy designed to minimize taxes over a lifetime. Almost every client we talk with emphasizes one primary, overriding goal: having enough money in retirement. …Read More.

The Guide to Happy Giving

The giving season is now underway, so we’re revisiting some tips from Tim Maurer about how to transform an often stressful (and, at times, guilt-ridden) element of the holidays into something life-giving and fulfilling. The giving season is underway, with the holidays and year-end bearing down on us. So how can we transform one of …Read More.

Temperament Trumps Intellect in Investing

Larry Swedroe offers his seven keys to remaining a patient and disciplined investor over the long haul. Legendary investor Warren Buffett famously stated: “Success in investing doesn’t correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing.” The reason temperament …Read More.

The S&P 500 Goes Supernova

Since the global financial crisis, the S&P 500 has posted truly astounding returns. Jared Kizer explores why such performance may not repeat for many decades to come, as well as what investors can expect from U.S. large-cap stocks going forward. I think most investment professionals are generally aware of how well the S&P 500 has …Read More.

More Evidence of Shrinking Alpha

Larry Swedroe unpacks a review of SPIVA persistence scorecard data that indicates, over time, it’s been increasingly difficult for active equity funds to stay at the top. In 1998, Charles Ellis wrote “Winning the Loser’s Game,” in which he presented evidence that while it is possible to generate alpha and win the game of active …Read More.

Why Active Management Still Fails

A recent study only reinforces the important link between mutual fund costs and performance. However, as Larry Swedroe explains, its results happen to offer plenty of good news for investors on both sides of the active versus passive debate. Stock-picking pros aren’t stupid. They’re just expensive. —John Bogle, Money Magazine: 2011 Investor’s Guide   There’s a …Read More.




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