A drift portfolio 60% invested in stocks delivers risk comparable to a portfolio with greater market exposure, 80% invested in the stock market in the example of Figure III-2. This added risk from an unbalanced portfolio is not rewarded by a significantly greater return on your investment. Thus, a professionally balanced portfolio may help reduce…
Early this year, Barron’s posted an article by Beverly Goodman on a program orchestrated by financial firm Dimensional Fund Advisors, led by University of Chicago economist Professor Eugene Fama. Dimensional Fund Advisors’ investment strategy is based on Fama’s early and ongoing research, and the students at this program were the financial advisors who sell its…
Long term financial goals for Millennials vs. Gen X There is a common perception among our society that Millennials have the ‘You Only Live Once (YOLO)” attitude and are risk takers in all aspects of their life. However, Millennials are anything but when it comes to their finances. According to Financial Finesse 2013 Generational Research…
With nearly 70% of Americans unsure of what a 529 plan is, Thursday, May 29 is National 529 Day (or more officially “National 529 College Savings Plan Day”), serving to raise awareness to the benefits of a 529 investment plan. Essentially, it is a college tuition plan for your children that is tax-free both on…
History shows chasing the prior year’s hot asset class doesn’t always pay off. Fixed income investments could highlight a portfolio one year, but deliver losses only two years later. Portfolios are individually tailored to clients’ so your needs with custom investments and are met in ever-changing markets. Sherman Wealth Management emphasizes quarterly client meetings to…
We are excited to be celebrating our one-year anniversary this week, and even more excited to share these custom-designed birthday cards we made for our clients. Coming to a mailbox near you…