“A Proposal to Save Private Credit (Sort Of)” on Advisor Perspectives
Private credit semi-liquid/interval funds have come under intense pressure. Here are some suggestions to prevent this from happening next time.
“Breakeven Real Rates for Delayed Social Security” on Advisor Perspectives
At what prevailing TIPS rates would it be better or worse to claim Social Security early?
“Rising Rates Are Good for You, Part 2” on Advisor Perspectives
Rising interest rates are good for most investors! Here’s why.
“Rising Rates Are Good for You, Part 1” on Advisor Perspectives
Falling interest rates are not truly a “tailwind” for bond investors. In fact, for most bond investors, rising rates are a good thing!
“Long-Horizon Investing, Part 2: Stocks are Always Risky” on Advisor Perspectives
Part 2 of “Long-Horizon Investing” on Advisor Perspectives takes a tour of the theoretical reasons why stocks must be risky at all horizons.
On Retirement Income, Part 4: Stock/Bond Portfolios and Sequence-of-Returns Risk
The “4% Rule” and “Fixed Percentage Rule” are opposites…but both involve risk, including a scary beast call “sequence-of-returns” risk.
Don’t Chase the Hot Dot
SPACs, Memes, NFTs… The investing world had no shortage of “hot dot” investments that grew rather startlingly less hot in 2022. See our thoughts on “hot dot” (or not) investing.
My Dream Annuity
A CPI-adjusted life annuity with a cash value…the stuff dreams are made of!
A Bond Bear?
Bond markets are down a record amount in 2022. What happened, and is there any good news?
Revisiting the Monthly Bear Market and Yield Curve Inversion
We published earlier articles noting (1) the current bear market didn’t exist in monthly data and (2) the current yield curve inversion didn’t exist in TIPS data. Neither of those observations is still true.