Rethinking The Rainy Day Fund
According to a recently published paper in the Journal of Financial Planning, the costs of holding large amounts of emergency cash outweigh the benefits over the long-run.[1] There’s no disputing…
According to a recently published paper in the Journal of Financial Planning, the costs of holding large amounts of emergency cash outweigh the benefits over the long-run.[1] There’s no disputing…
…an economic slowdown gripped the markets. From late April to early July, a period which included the unsettling May 6 “Flash Crash”, the S&P 500 fell 16%. And Treasuries? Intermediate-term…
…France—15%; UK—15%; Germany—14%; and 4% each of Austria, Canada, Denmark, Finland, Netherlands, New Zealand, Norway and Sweden. U.S. Bonds: Barclays Capital Treasury Bond Index 1-5 Years. U.S. Stocks: S&P 500…
You may have heard of buying on margin. Once reviled for fueling the Great Depression, this risky practice allows investors to borrow money against their portfolio to purchase additional investments….
…following chart informs us that the U.S. market, as measured by the S&P 500 Index, has delivered slightly higher returns in the year of a presidential election, compared to the…
…large-cap growth stocks in 2001–2006. At the time, the S&P 500 was more than halfway through what would become a “lost decade” of negative total returns. We were busy warning…
After a decade-plus global market growth spurt, it’s been awhile since disciplined investors have had many opportunities to engage in tax-loss harvesting. That was before COVID-19. Suddenly, like a desert…
The Coronavirus Aid, Relief, and Economic Security (CARES) Act became law on March 27, 2020. A $2 trillion emergency fiscal stimulus package, the Act is designed to provide relief for…
…of their selections made benchmarking the entire list’s 14% return somewhat more difficult.3 But whether compared to the S&P 500 Index (+23%), the Total U.S. Stock Market Index (+18%), or…
…until after the damage was done—the S&P 500 subsequently fell nearly 50%—that investors withdrew record amounts from stock funds. Just months later, markets rebounded and finished 2003 up 32%. But…
…weeks leading up to the Olympics. So when Wottle, wearing his signature golf cap, badly trailed the field at the 500-meter mark of the finals, it seemed impossible he’d repeat…
We asked local high school students to tell us, “What does wealth mean to you?” for a chance to win a $2,500 college scholarship. Here’s essay contest winner Owen Reynolds’…