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Category: Passive Investing

Should You Overweight Tech in Your Portfolio?

Should You Overweight Tech in Your Portfolio?

A couple of weeks ago, Apple “lost” $179 Billion in market cap in a single day. It has gone on to lose over $500 billion in market cap over the past few weeks. As I write this, Apple is valued at about $1.9 Trillion. I have heard people asking the question, “Should I just own tech since that is so obviously the future?” At the very least, more people are talking about increasing their allocation to tech investments as if…

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How I Invest My Money

How I Invest My Money

*There is a book being released on November 17, 2020 that I believe will be one of the best finance books of the year. The book is titled: “How I Invest My Money: Finance Experts Reveal How They Save, Spend and Invest.” It was brilliantly put together by Joshua Brown and Brian Portnoy and each contribution includes a beautiful illustration from Carl Richards. I am thankful I was asked to contribute and I thought the best way to introduce the…

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A Portfolio Strategy For 30-Year Retirements

A Portfolio Strategy For 30-Year Retirements

PLEASE NOTE: This is a long post, but I passionately believe that if retirees have any chance of getting things right, they must properly understand all the underlying assumptions they are making in their retirement planning decision process. And because I view the subject(s) of this particular article to be so important, I wanted all the thoughts in one place instead of being spread amongst three or four individual posts – especially since these issues are inseparable in nature. If…

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A Penny Saved is a Penny Earned

A Penny Saved is a Penny Earned

As investing has moved more from a narrative-based out-performance story to a commodity needed for effective financial planning, we’ve gotten to observe fund fees coming down across the industry. This is a great thing! The following table, from Morningstar’s annual fee study, I find to be particularly exciting. Every penny that you save on fees is another cent compounding toward your future. And as I state regularly, fund fees are one of the few things in your control. I encourage…

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Finding Your Investing Edge

Finding Your Investing Edge

I’m going to continue my poker theme. Last week, I drew a comparison between poker and your odds of success as an individual versus the best in the world. This time, we’ll discuss how fund managers compete against each other and where you might have an advantage over these fund managers. Let’s say you had the opportunity to walk the floor at the World Series of Poker. The final table is all set, so all that’s left is the best…

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What are your odds?

What are your odds?

Imagine your friend invites you out to play a friendly game of poker. You agree to go, because why not, right? Should be fun! Once you sit down at the table that evening, you find out that the players you’ve just sat down with are the best poker players in the world. They are the stars from the World Series of Poker – each of them accumulating millions of dollars in winnings. Like your chances to win the game? That’s…

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Why I Advocate For Passive Investing For Clients

Why I Advocate For Passive Investing For Clients

Winston Churchill is often credited with the statement that democracy is the worst form of government, except for all the others that have been tried. This is a lot like how I view the whole active vs passive management debate because there is no perfect way in which to manage a portfolio.  But I believe there are significant guideposts to follow that can make the decision a little clearer.  There has been a lot of ink spilled over this single…

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