Blog

Category: Asset Allocation

*NOTE: In the next several weeks, I’ll be hitting the road doing presentations and meetings with financial advisors all over the country.  If you happen to work in Miami, Atlanta, South Carolina, Portland, San Francisco, Colorado, Kansas City, Cleveland, or Dallas, email us at solutions@pensionpartners.com and let us know. “My purpose is to make my […]

No Place to Hide

In a broadly diversified portfolio, there’s usually something working in any given year. When stocks are down, bonds are typically up. When bonds are down, stocks are typically up. When stocks and bonds go down together, something else is often up (TIPS, Commodities, REITs or Gold). Well, not this year. In 2018, more than any […]

Diversification is often said to be the only “free lunch” in investing, delivering superior risk-adjusted returns over the long run. So why doesn’t everyone do it? Let’s take a look… Responsible financial advisors across the country are apologizing to their clients for the seventh year in a row. Why? Because the diversified portfolios they have […]

What is the “market portfolio?” When I first learned of the concept in business school it seemed so simple. You just combine all of the assets in the world and hold them in proportion to their market values. Why? Because academic theory says that’s the most efficient thing you can do, and trying to beat […]

“We have met the enemy and he is us.” – Walt Kelly We have entered a dangerous time in history.  A time when the truth changes every day. The amount of misinformation being spread daily is nothing short of remarkable.  It seems like everything is “fake news” now independent of who is reporting it.  Rather […]