4576 Weeks to Live

“Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked.” I bought what some would call a death calendar. The average human...

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More

The Future of Wealth Management

In the last 12 months, I have had many conversations about the future of wealth management. The values of Pure Portfolios express our views of…
Read More

Mutual Funds are Toxic for Building Wealth

Mutual funds will cease to exist in their current form. Low rates and compressed returns will expose archaic investment vehicles that are tax inefficient, cost…
Read More

Why Your Financial Advisor Hates the Fiduciary Standard

I find it deplorable we need the Department of Labor (DOL) to tell insurance agents and financial advisors to do right by their clients. Even…
Read More