Investment

The Investment Journey

Real Estate Poses Risk One of the ironies of the recent housing boom (boom is a kind word for rapid asset inflation that enriches investors …

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Risk Tolerance

While academics and investment professionals define risk as “fluctuation” or “volatility,” most people see risk as the possibility of incurring a loss.  An investor who …

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Stock Returns Superior to Bonds

Recently, I saw a 79-year old chart that proved stock returns are vastly superior to bonds.  Should I forget bonds and just concentrate on stocks? …

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Portfolio Stress Testing

Portfolio Stress testing is an approach that looks at the risks and potential losses an investor faces. The process is both a science and an …

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True Diversification

A truly diversified portfolio contains securities that zig when other securities zag.  That means owning stocks, bonds, or mutual funds that do not react in …

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