We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review Forecasting Expected Returns Retirement Rules of Thumb Click here to read the issue: 2017 Q3 Portfolio Insights
Longtime Daily Insights readers are no strangers to the Shiller PE-ratio, a valuation metric that uses ten years of inflation-adjusted earnings to evaluate the cheapness or richness of the stock market – a search of the term on our website yields more than a dozen results. I’m very proud to say that our understanding of the Shiller PE is now greatly expanded, thanks to our own Ryan Craft. In the past,… Read More
In 2013, when Bitcoin prices were surging, a few readers asked me to write about Bitcoin. I didn’t know much about it and didn’t write the article because I thought that Bitcoins didn’t seem legitimate, but they’re on a tear, so I’m giving it a shot. Bitcoin is the first, largest and best-known crypto-currency. But what is a crypto-currency? That’s a harder question. To answer it for myself, I thought… Read More
Last weekend, I took an extended drive through the Great Lakes region to drop my kids off at their respective camps. We stayed in Michigan the first two nights – first in Holland and then Munising, right on Lake Superior in the Upper Peninsula. After a drop off in Minocqua, Wisconsin, we stayed in downtown Madison. All told, we traveled about 2,300 miles. While my wife and kids were hooked… Read More
We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review The Fed’s New Conundrum Inside the Yield Curve Social Security’s Taxation Maze The Big Picture & Fast Facts Click here to read the issue: 2017 Q2 Portfolio Insights
We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review Tax Reform & Municipal Bonds Overseas Stocks for the Long Run The Big Picture & Fast Facts Click here to read the issue: 2017 Q1 Portfolio Insights
For what feels like the first time in forever, foreign stocks are outpacing US stocks so far this year. The table above includes the MSCI All Country World exUS index, which combines all developed and emerging markets. As of Friday, the MSCI ACWI is outperforming the S&P 500 by 1.79 percent. That contrasts with the results over the last five years ending in March, when the S&P 500 earned 13.3… Read More
There are a fair number of reasonably well known investors that I keep my eye on even though I know that we won’t ever invest in their funds. One of the most fascinating investors in my opinion is Bruce Berkowitz, manager of the Fairholme Fund (ticker: FAIRX). Berkowitz caught my attention at an investment conference bank shortly after the 2008 financial crisis because he had a booth that was swarmed… Read More
Almost all of the focus on the Federal Reserve lately has been concentrated on the future path for the fed funds target rate. After the false start in December of 2015, the FOMC hiked rates again in December of last year and now stands poised to actually turn things into a steady campaign of rate hikes. However, the other piece of their emergency level of monetary policy accommodation – the… Read More
We are pleased to provide a digital copy of Portfolio Insights, our quarterly newsletter. Table of Contents: Stock Market Summary Bond Market Review TIPs Behaving Badly Where Will Stocks Finish in 2017? Dow 20,000 is Upon Us The Big Picture & Fast Facts Click here to read the issue: 2016 Q4 Portfolio Insights
