Reaching a new high doesn’t mean the market will retreat. Stocks are priced to deliver a positive expected return for investors, so reaching record hi...

While both simulated and real-world data suggest momentum may not be suitable as a driver of long-term asset allocations, we believe momentum consider...

Market valuation ratios are, therefore, analogous to sundials: They’re fine as a rough gauge for the passage of time, but using one as an oven timer m...

Many investors want their portfolios to do more than just pursue reliable premiums. They may also want to seek tax efficiency; reflect their environme...

Yields reflect the aggregate expectations of all market participants, including opinions on how and when the Fed will act. And even if a crystal ball...

“News is, by definition, something that doesn’t last. It exists for only a moment before it changes. … It’s not important to living a good life. It’s...

“The American marketplace is an economic jungle. As in all jungles, you easily can be destroyed if you don’t know the rules of survival. ... But you a...

We wrap our 10-part series on the principles of evidence-based investing with how a fiduciary financial advisor can add value to your investment portf...

Investment discipline is all about being able to see past the daily market distractions to maintain a long-term perspective. A big challenge here is k...

Since 1926, the US stock market has rewarded investors with an average annual return of about 10% - the market's long term average. But it’s important...

Many people struggle with emotional investing. That is, they find it difficult to make consistent, rational investment decisions, instead of reacting...

As we look back now and do our market review 2020, there’s one thing for sure. Year 2020 proved to be one of the most tumultuous in modern history, m...