Investing

The Price of Prosperity: Balancing Economic Success with Quality of Life

US Economic dominance The United States has enjoyed a prolonged period of market dominance versus international markets. An examination of the driving forces behind this success reveals a lifestyle deeply rooted in the pursuit of work and wealth creation. While this focus has undoubtedly propelled the nation to unprecedented economic heights, there’s an inherent trade-off …

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Monte Carlo Simulation: A Powerful, but Imperfect Tool

Working with financial planning clients over the years I have heard a wide range of individual goals, from providing college education and weddings for children, to purchasing vacation homes and sports cars. Every person has their own unique wants and needs shaped by their values, beliefs and attitudes. However, one goal every single person has …

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A Different Take on the FIRE Movement

Over the past 10 years working in financial services, creating financial freedom or the ability to retire as early as possible is a common goal I hear. In fact, there is a whole movement around this goal called the FIRE movement: Financial Independence Retire Early. However, I think many people involved in this movement have …

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Asset Allocation: Why Investor’s Tend to Lag Market Returns

Asset allocation is the selection of various assets from classes such as cash, fixed income, stocks, real estate and real assets (e.g. commodities, precious metals, and collectibles) to construct an investment portfolio to meet individual investor specific objectives (goals). The asset allocation, or asset “mix,” is different for each investor based on their objectives, and …

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The Role of Different Asset Classes for an Investor

Investments are broken down into broad categories called asset classes. Each asset class is defined by unique characteristics that provide investors with benefits but also come with risks. This is referred to as the risk/reward tradeoff. This means assets with more potential upside also come with more potential downside. In this blog, five of the …

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Speculating vs. Investing: How to tell the difference?

As we look back, 2022 provided an important reminder that financial markets are largely unpredictable and staying disciplined under stressful market conditions is what makes us successful investors over the long term. I am currently about 3/4 of the way through reading the Intelligent Investor by Benjamin Graham again. This is the book that has …

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