We all know the purpose of fire drills is preparation, to teach us how to survive and avoid serious injury in the case of a real event. Similarly, when it comes to investing, it can be helpful to prepare in advance for those inevitable periods of market weakness, to circumvent behavior that can cause lasting damage to one’s portfolio.
As we all know, saving for retirement requires hard work and discipline. But spending intelligently while in retirement can be equally challenging. [Read more…]
Asset allocation—an investor’s proportion of stocks, fixed-income investments, and cash—has been well documented to be the primary determinant of performance for broadly diversified portfolios. [Read more…]
Recently, you may have read headlines regarding the significant losses incurred by various high-profile “quantitative” (often shortened to “quant”) hedge funds. [Read more…]