Does it Still Make Sense to Own Bonds?

“Bonds as an asset class will always be needed, not just by insurance companies and pension funds, but by aging boomers.” – Bill Gross, retired founder of PIMCO It’s an 800-pound gorilla. The biggest asset class in the world (and...

Pure Q1 Recap in Pics (and a few words)

We are trying something new to convey our view of the world to our readers. We have heard feedback from investors that industry market commentary…
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Advantages of Working with Independent Firms

The perception exists that investing money with large, established firms is the conservative route. The explosive growth of the independent Registered Investment Advisor (RIA) tells…
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Mismanaged Bond Portfolios Are Costly

Fixed income investing used to be much easier. An investor could clip 5% return in their sleep without taking much risk. For example, from 1987…
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Does Dollar Cost Averaging Work?

There are two types of Dollar Cost Averaging (DCA). Automatically saving in your employer’s 401(k) is the good version. The investor is systemically purchasing shares…
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What Are You Paying for Wealth Management?

Time and again I speak with investors who have no clue what their advisor is charging them. CFA Institute published a report (February 2016) “From…
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Google “Bond Bubble” For a Laugh

The term “bubble” is bothersome when describing bonds. Investors are not clamoring to buy 10-year U.S. Treasury bonds with the expectation of getting rich. The…
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Pessimism Reigns Supreme

We talk to clients and potential investors daily. We listen to market experts and consume pages of investment research. It’s interesting to gauge the behavioral…
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Simple Beats Complex

Perception exists within wealth management that complex equals smart and simplistic equals dull. This is especially evident in the hyper-competitive college endowment space. The largest…
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Bob Farrell’s 10 Rules of Investing

I have never been a big fan of rigid rules, but every now and again we revisit brilliance that transcends time. Bob Farrell is a…
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