…that the portfolio should be balanced in terms of risk for optimal results – 50 percent of the volatility should come from stocks and 50 percent should come from bonds….
One of the best decisions that our Investment Committee made was back in 2008 when we decided not to add commodities to the portfolio. It’s hard to believe now, but…
…only has 30 companies and has a peculiar construction method where companies with high prices (like Visa at ~$210 per share) have a much greater weight in the index that…
…or, in a perfect world, doing both. So far, we’ve looked at three equity factors: size (small companies tend to outperform large companies), value (cheap companies tend to outperform expensive…
…stay down at this level for a long, long time. The chart below shows the yield history for the US and Japan since crossing below the two percent level. I…
…months compared to the previous ten years. It does the same thing with unemployment and the Purchasing Managers Index, which is a common proxy for economic growth. The model scores…
…and bonds. In the U.S, where we have the longest and most complete data, the results are compelling: Notice that the scale is logarithmic, which helps put things in percentage…
…lot of company stock in your 401k. I’ve seen articles over the years that participants are putting less and less in company stocks, but I haven’t seen any hard numbers….
…companies by where their revenue is earned. For example, the top 10 holdings of the China index includes several US companies like Qualcomm, Texas Instruments and Yum Brands (parent company…
…at the average level of unemployment over the last decade, which was 5.5 percent. Then, we compare the current level of 3.6 percent to the average, and we can say…
