Target Date Funds. Just Set It And Forget It…

Set it and forget it

Ronald M. Popeil was born to a jewish family in 1935 in New York City. He was six years old (1941) when his parents got a divorce and he was shipped off to Florida to live with his grandparents. Not only did his parents not want each other, they didn’t want Ron or his brother…

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Why August 1995 Changed Diversification Forever

netscape

Twenty four years ago in April 1994 one awkward kid changed the investment world forever and no one noticed. The kid (okay he was in his 20’s) working in Mountain View California invented an internet browser that worked. He invented a way to actually find all the different website in the world. Before him “surfing…

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Is This the Real Reason Diversification Stopped Working?

I started investing in 1986. And though there were many brokers to choose from they all told me the same thing. The big-box advisers told me it. The local guy told me it. And even the insurance sales people told me it. You have to diversify. And during the 1980’s and 1990’s it worked. Diversifying…

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Frozen Kids, Justin Kennedy & the Stock Market

I make my son do scary things. If my son (10 years old) wants something at a store. He’s the one that goes up to the sales associate and asks if they have it in the color he wants. Not me. If he orders something at a restaurant that did not turn out well, not…

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5 Stock Charts With Little Commentary

5 stock charts

Below are the five largest stock indexes on the planet by location. These charts do not have cross currency influence and do not include dividends as they are indexes and not a tracking investment fund. Largest World Stock Index BREAKING DOWN 2nd Largest US Stock Index SIDEWAYS 3rd Largest International Developed Stock Index BREAKING DOWN…

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At The Center Of Every Investment Is…

4-emotions

I love when my kids burp. In fact the louder the better. I’ve been teaching them for years to let em rip when they feel them coming on. I especially love it when my seven year old daughter lets a loud one rip. There are couple of rules around burping. Not in public and no…

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Global Investors Pile Into Chinese A-shares… Are they too late?

chinese a-shares

On June 4th 1989, the students of Mainland China said, Enough. After a decade of western ideas seeping into their country, they wanted reform. The students made their stand on June 3rd and 4th in Tiananmen Square. What followed was a massacre. Though the official Chinese count was ‘only’ 241 dead with over 7,000 injured,…

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P/E Ratios, Italian Bonds and Forecasts

italian bonds

Have you seen the latest economic data? It’s staggering. No not the actual numbers but just how much of it there is. Let me ask, did better, faster and more economic data help you in the 2000 dot com fall or the 2008 Global Financial Crises? Or really ever? And yet it feels like blogs,…

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The Most Important Number In the World

important number

Emotions follow price News follows price Account size follows price Opinions follow price Future choices follow price Length of vacations follow price Future invested money follows price Yields follow price Airline ticket costs follow price Pension returns follow price Fundamental data follows price Price to earnings ratios follows price Price to book ratios follows price…

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When Banking Giants Fall – Investors Accounts Get Cut in Half

Something is seriously wrong. No… I’m not talking Trump or Kim Jong-Un or the price to earnings ratios or even the yield curve. The problem is more nuanced than elected officials or valuations or even interest rate data.   And here it is. It’s the 15th largest bank in the world… and its dying. I…

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