A Holiday Fairy Tale of Two Fund Managers, by Father Grouse
A friendly reminder that IRR ≠ CAGR and that volatility laundering is real
On Retirement Income, Part 10: Flexible Spending, Can You DIG It!
Here’s how Round Table charts a middle course between the 4% Rule and the Fixed Percentage Rule.
“A Dividend Is Not a Gain (or a Loss)” on Advisor Perspectives
A dividend is not a gain! Nor is the offsetting decline in stock price a loss. Find out here what a dividend really is, and why it matters.
“The Stock Market Knows There is an Election” on LinkedIn
Round Table Chief Investment Officer Nathan Dutzmann coauthored an article explaining why we don’t treat (or recommend treating) U.S. elections as a market-timing signal, regardless
“There Is No Magic Investment Return Fairy!”
We’ve created a series of posts on LinkedIn exploring two fundamental postulates of stock market (or, more generally, risk asset) investing: The logic is simple:
“Cathie Wood’s Prediction at the Halfway Mark” on Advisor Perspectives
It’s tempting to say “the image says it all.” But there’s a whole Advisor Perspectives article because there are more insights to be gleaned from this example.
“Long-Horizon Investing, Part 4: Real-Life Applications in Retirement” on Advisor Perspectives
In Part 4, we get practical, demonstrating how discoveries from previous articles can be applied to a goals-based investment approach in retirement.
“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.
“Long-Horizon Investing, Part 1: A Ton of Feathers” on Advisor Perspectives
I’m excited to announce the publication on Advisor Perspectives of the first article in a five-part series entitled “Long-Horizon Investing”!
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.