Every year, part of a diversified portfolio is guaranteed to underperform. Indeed, periods of pain and regret are the norm when a portfolio is properly diversified.

While most funds in a typical Vista portfolio saw little to no year-end capital gain distributions, many mutual fund shareholders found themselves on the receiving end of large tax bills.

Another new year has begun, which means the financial media’s “Where to Invest Now” guides are coming to newsstands near you. As usual, headlines will look something like “Top Stock Picks from Top Pros” and “Make More Money in 2015.” Investors hoping to profit from these expert predictions should first review these publications’ can’t-miss picks from last year.

With foreign shares underperforming U.S. stocks again last year, some investors may question the value of international diversification. They shouldn’t.

Given the late 2014 rule change and ongoing uncertainty surrounding QCDs, this is a good time to review a few charitable giving basics. By planning in advance, you can ensure your giving strategy benefits from all available tax deductions.