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Month: March 2018

Our March Market Perspectives Webinar included a discussion of the following research topics: Value Investing and Tolerating Pain Inflation, Deflation, and Bond Market Returns Is Cash No Longer Trash? What Real Returns Should Bond Investors Expect? Will Higher Mortgage Rates Kill the Housing Market? How Much Should You Expect Your House to Appreciate? Is Gold […]

  • Posted in Webinars
  • Comments Off on Market Perspectives Webinar – Replay and Slides – March 2018

We often hear that Gold prices are driven by real interest rates. Rising real interest rates are said to be bad for Gold because it increases the opportunity cost of holding the yellow metal. This makes sense intuitively as Gold pays no interest or dividend, and will therefore be less attractive as compared to risk-free […]

Value Investing and Tolerating Pain

So you want to be a value investor, like the great Warren Buffett. A worthy goal, to be sure. But before going down that road you may want to ask yourself the following question: What is my tolerance for pain? You read that word correctly: pain. To be a great value investor, or any investor […]

  • Posted in Investing, Markets
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You just bought a house. If you’re like most Americans, it will soon become the largest component of your net worth, and only increase as a percentage over time. Naturally, you would like to see it go up. But by how much? Predicting future home prices is a difficult a game, made complicated by the […]

  • Posted in Housing
  • Comments Off on How Much Should You Expect Your House to Appreciate?

U.S. Mortgage Rates have risen for 9 consecutive weeks, hitting their highest levels since January 2014. Source Data: Freddie Mac That certainly seems like a sharp increase, but is 4.46% high? Only when compared to recent history, which includes the all-time low in yields from November 2012 (3.31%). In a historical context, mortgage rates today […]

  • Posted in Bonds, Housing, Markets
  • Comments Off on Will Higher Mortgage Rates Kill the Housing Market?