I'm sure I sound like a broken record when I say that the single most important part of an investment plan is asset allocation. While nothing in the world is guaranteed, you dramatically increase your chances for success when you have an effective mix of stocks, bonds, cash and maybe real [...]
Last year I wrote about Brook and Robin Lopez, twin brothers who both play in the NBA. In that case, I was drawing a parallel to investments that appear identical but have significant differences once you scratch the surface. In recent weeks, I've been getting a lot of questions about another set [...]
Recently, I came across an academic paper with an attention-grabbing title: “It has been very easy to beat the S&P 500.” Not just easy, but very easy. That got my attention because, in recent years, beating the S&P 500 has been anything but easy. In fact, it's been maddeningly difficult. [...]
In January of 1946, a man named Stanislaw Ulam found himself confined to a hospital bed, having suffered an encephalitis attack. A brilliant scientist and a veteran of the Manhattan Project, Ulam wasn't the type to sit idly while he recuperated. Instead, after playing innumerable games of solitaire [...]
It's hard to believe that Thanksgiving is right around the corner. But with six weeks left before the end of the year, there's still plenty of time to do some financial housekeeping. Below are seven recommendations: 1. Visit your CPA: During tax season, accountants are so inundated with work [...]
