What’s Old is New Again

In 2002, after years of observing the hit-and-miss track records of mutual fund managers who supposedly ‘picked only the best stocks,’ studying Morningstar fund evaluations and Value Line Investment Survey reports, TAAG began investing our clients’ portfolios using the Dimensional Funds. At the time, mutual funds labeled ‘passive’ were not mainstream investments by any stretch of the imagination.  Only 6 years ago I gave a presentation to the Cincinnati Estate Planning Council entitled, Everything They’ve Told You About Investing is Wrong.  In it, we outlined the investment industry practices of trying to predict the… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Vigilance is a Virtue

As I sat down to write this blog, I received an e-mail from Ms. Shirley Fosgate, an invalid widow in a foster home for the elderly in the Philippines.  It seems her deceased husband left nearly six million euros in an Irish bank account that she cannot access.  What’s more, she’s singled me out to contact an European attorney on her behalf who will help me shepherd the money to the charities she wants to serve.  Of course, I’ll be paid a tidy 10% for my efforts.  All I have to do is e-mail some… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Blind Spots

I hope by the time this blog goes out that the havoc caused by Hurricane Matthew will have begun to subside.  As I’m writing this, there are still hundreds of thousands without power and many looking for rescue from flood water as high as 5 feet. As some cities begin to clean up, others are still facing further damage from flooding rivers. Given the magnitude of this storm, it’s actually astounding the damage and lives lost weren’t greater.  I think a lot of the credit for that goes to the meteorologists who mapped the storm’s… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Presidential Elections & the Stock Market

Next month, Americans will head to the polls to elect the next president of the United States. While the outcome is unknown, one thing is for certain: There will be a steady stream of opinions from pundits and prognosticators about how the election will impact the stock market. As we explain below, investors would be well‑served to avoid the temptation to make significant changes to a long‑term investment plan based upon these sorts of predictions. SHORT-TERM TRADING AND PRESIDENTIAL ELECTION RESULTS Trying to outguess the market is often a losing game. Current market prices offer… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg