Investors have many reasons to despise international stocks today. Chiefly among them is performance: they’ve underperformed large cap U.S. stocks by 7% per year since 2008. Despite international

It’s that time of year again, when the financial media issues its “Where to Invest Now” guides. As is often the case, following these experts’ advice in 2016 would have caused more pain than gain.

Financial pundits are busy offering promises of how next Tuesday’s Presidential election will impact markets. The truth is, no one knows exactly how the result will affect portfolios. Fortunately, long-term investors shouldn’t be too worried.

It’s often thought the vacation home, unlimited free time or travel in retirement will satisfy our heart’s desire. The momentary satisfaction we feel, however, often doesn’t translate into lasting happiness. We get used to the good life, and that happiness is too often short lived.  

Anyone who’s purchased a car knows the party most prepared to walk away from the deal has the advantage. It is the motivated buyer, or seller, who is most often forced to make the biggest concession. It’s no different in investing.

Index funds turned 40 last week. Not everyone, however, is in a celebratory mood.