by Micah Porter | Dec 9, 2020 | Blog, Budgeting, Investment Management, Investments
The Economy and Markets What to Watch for During the Presidential Transition After a long and often bitter campaign, it appears more and more likely that Joe Biden will be sworn in as the 46th President of the United States on January 20. Democrats will also retain...
by Micah Porter | Feb 4, 2019 | Blog, Investment Management
Recently a client asked how his portfolio was doing, and my answer was that he was doing well because the portfolio return over the last decade was above the return target he had established in his financial plan. So, after a decade of work, contributing to retirement...
by Micah Porter | Dec 8, 2018 | Blog, Investment Management
In my experience, nearly every investor knows that having a diversified portfolio is something they should do. Diversification, investors understand, helps reduce risk. But there is less knowledge around what diversification actually means. I’ve heard investors say...
by admin | May 30, 2018 | Blog, Investment Management
Years ago, one of the first courses I took in college was introduction to cognition, or the science of human thought. A key concept that stuck with me long after the course, was the idea of a heuristic – a mental rule of thumb – or shortcut, that we all use in certain...
by admin | Mar 22, 2018 | Blog, Investment Management, Investments
I attended a conference on communications a few weeks ago run by Dimensional Fund Advisors. Dimensional, or DFA as they are known, has an interesting story. They were founded by academics, including a few Nobel Prize winners, who believed that beating the market...
by admin | Jan 18, 2018 | Blog, Financial advisors, Investment Management
If you’re considering working with a financial advisor, at some point, you’ll probably discuss the advisor’s investment track record. Most advisors aren’t going to offer a public track record of how they’ve done because unlike mutual fund or ETF managers, financial...
by admin | Jan 10, 2018 | Blog, Investment Management
I was listening to a podcast recently with Ray Dalio, founder of Bridgewater Associates, one of the largest and most successful hedge funds in the world. A theme Dalio returned to several times was the idea that it is to take the entirety of market history – and...
by admin | Dec 13, 2017 | Blog, Investment Management, Tax Planning
Had Harry Markowitz thought about it, he probably would have considered tax loss harvesting a free lunch. Markowitz was a seminal figure in the academic study of investing, and he famously called diversification the only free lunch when it came to investing. What...
by admin | Sep 13, 2017 | Blog, Bonds, Gold, Investment Management, Investments
Questions about investing in gold are almost always a tell. If someone is interested in investing in gold, chances are that person is worried. Over the years, gold has acquired a reputation as a go-to investment when geopolitical or market volatility spikes, but the...
