Do negative interest rates abroad penalize U.S. investors who hold international bonds? Not necessarily. Investors who hedge currency exposure enjoy a smoother ride while also counterbalancing the effects from negative foreign bond yields.
Grateful for index fund creator Jack Bogle’s contributions to everyday investing, Gordie Gorsuch, CFA, writes about effective investing on the Simple Truth blog. His calm voice of reason resonates in posts such as “Risk and Return Go Hand in Hand.”
Social Security rule changes are set to go into effect later this year, eliminating a strategy used by some couples to increase their lifetime payments. The changes are not, technically, a reduction in benefits. Lawmakers are simply removing an unintended loophole.
Yogi Berra passed away this September at the age of 90. Yogi was a Major League Baseball player and manager who won 13 World Series rings during his Hall of Fame career. His memorable quotes transcended baseball—even sports—and were relevant for all people, including investors.
Most of the country’s largest pension plans hire consultants to help them pick winning managers. They assume, of course, doing so will lead to better results. Evidence to validate this assumption has been unavailable, until now.