…bonds (around 0.5 for you geeks out there). What’s not to like? Well, for us, we didn’t want the trouble that comes along with being in a partnership. There are…
…income portfolio are below: Asset Class Percent Allocation Annualized Volatility US Large Cap 30% 14.24% US Small Cap 8% 18.74% Developed International 10% 16.77% Emerging Markets 2% 22.77% US Bond…
In the old active-versus-passive debate, the S&P 500 serves as the champion fighter in the passive corner. That’s funny, because the S&P 500 is hardly passive. For example, it’s not…
…the tax on the capital gain. Let’s look at an example. Imagine that you invested $10,000 in a stock 10-years ago. That $10,000 is the cost basis. Let’s now assume…
Companies’ capital decisions aren’t usually very controversial, like paying down debt, paying another quarterly dividend, or upgrading the facilities. Stock buybacks, however, are another story: they generate a lot of…
…S&P 500 is expensive at 33.3, but -94.0 means that earnings are negative. If you exclude the companies that are losing money, the PE ratio on ARK is 62.9, compared…
…Bonded index) lost about -1.5 percent. So far this year, it’s off another -1.5 percent or so. That’s the bad news. The good news is that the yield is now…
…people working from home, and streaming entertainment. The top ten holdings account for 55 percent of the fund, which explains the outsized performance. Maybe I’m just jealous of those mega-returns,…
…of the sentence. Here’s their full headline: We Found 30 Timing Strategies that “Worked” and 690 that Didn’t. I guess I’m not above clickbait, but I also don’t have enough…
…of the articles titled ‘Do Equity Discount Rates Mean Revert?’ fits nicely with a piece that I wrote recently (click here for a refresher). In my article, I recounted one…
