When You Wish Upon a Star
Few accolades matter as much to a mutual fund as Morningstar's five-star designation. But, whether an investor can expect higher returns from higher rated funds is an important question.
Unemployment and the Recovery
Unemployment will have a greater role in forecasting returns in this market than the lettered descriptor of the shape of the recovery. Whether we face inflation or deflation, too, will be largely dictated by unemployment.
Bonds Versus Bond Funds
The Barclay iShares Aggregate Bond ETF (AGG) returned 7.9% in 2008, far outpacing the performance of all equity indices. Moreover, this is not a temporary...
A Portfolio of Experts
As CEO of Advisor Perspectives, one of the great privileges I enjoy is the opportunity to interview thought leaders in the investment industry. Since one...
IS IT SAFE?
In the 1976 movie "Marathon Man," Dustin Hoffman is being tortured by a Nazi war criminal played by Laurence Olivier, who asks him repeatedly, "Is...
WHAT FUND RATINGS REALLY TELL US
Morningstar's fund ratings are enormously powerful. Numerous studies have documented that highly rated funds attract more assets. Fund managers face constant pressure to achieve success...
THE RICH ARE DIFFERENT
Wealthy investors have not embraced index funds. Advisors who manage funds for high-and ultra-high-net-worth investors have a mere 6.9 percent of their marketable securities in...
Small Steps in the Right Direction.
One way to hedge against the recessionary and inflationary fears mounting in the U.S. markets is through international diversification. In fact, data from the Advisor...
Follow the Money
If you need further convincing that advisors are increasingly allocating their clients' assets to overseas markets, just look at recent data from Advisor Perspectives. Using...
Where High-Net-Worth Money Is Headed
Conventional wisdom dictates against market timing, while historical data demonstrates unequivocally that investors who maintain their asset allocations and investment strategies fare better than those...