What advice would you give people to manage their money during a recession? The best investing advice I can give is to ignore current economic conditions when making investment decisions. You should have a target asset allocation strategy (mostly stocks and fixed-income) that you follow, regardless of the economy. If your actual stock or fixed-income allocation differs from your target…
Analysis And Portfolio Approach Cryptocurrency isn’t going anywhere. You can ignore it – or embrace it as part of a balanced investment portfolio. By Geoff Williams https://www.moneygeek.com/investing/crypto/cryptocurrency-or-stocks/#expert=david-dubofsky-phd-cfa To help investors make informed decisions about how much cryptocurrency belongs in their portfolio, MoneyGeek constructed its own value-weighted cryptocurrency index and analyzed the last seven years of cryptocurrency returns. We compared these…
By David Dubofsky and Lyle Sussman Oct. 20, 2022 2:46 pm ET As we approach the midterms, some clients may want to revisit their portfolios based on their fears or hopes about which party will control Congress. Why? Investors’ economic views have always been influenced by politics. Americans often vote their pocketbook believing that their party’s victory will lead to…
David Dubofsky, PhD, CFA and Lyle Sussman, PhD The increasing interest in decision making biases affecting the financial world can best be documented with this metric: A Google search of the phrase “Behavioral Finance” yields over 5 million hits. A cursory scan of a sample of those links highlights overconfidence as a significant bias affecting both investors and their advisors. Overconfidence…
Clients of Financial Advisors and Wealth Managers hear a lot today about the Federal Reserve. Unfortunately many of those clients, and people in general, may not know what it does and how it affects their daily personal finances. Here’s a sample of “Central Bank,” one of the key terms we explain in our book, “Your Total Wealth,” to help you…