A Strategy Focused on “Total Return”…Finally!

Medical Sales Wealth Guide

From about 2010-2016, I spent most days scouring the markets for asset bargains and then used those “found” bargains to construct portfolios for retirees or pre-retirees. What follows are some of the key insights I gained during that period as a bond trader and portfolio manager.

Create Tax Free Income for Life with Municipal Bonds

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Now that you’ve read the somewhat salacious title of this article, the real question becomes “is there any truth to it”? A second question might be similarly, “what’s the catch”? Well, I hate to disappoint you but there is no catch and it is possible to create a tax-free income stream for life. But how? It is done with an asset that has been around for literally ages—bonds.

The Fallacy of Chasing Market Returns – Part 1

In the classic movie, The Wizard of Oz, there is the memorable scene that has the wizard being revealed as the small little man that he is. By this time though, Dorothy et. al. have gone through enough trials to have confidence in dealing with a “bully” as it were. The quote that I’m referencing […]

Falling Down the Rabbit Hole–Don’t!

Many investors might be feeling a bit like Alice in Wonderland as they relate the feeling of fantastical events in today’s investment environment.  Similar to Alice, the boredom associated with the hum drum of market cycles often lull investors into ignoring signals of reality around them.  Like Alice, investors might find themselves succumbing to the […]

Great Portfolio Construction: The Case for Bonds

Back in December, I wrote about the 5 Keys to Great Portfolio construction.  I thought that based on the recent positive market performance, a lot of investors would start coming off the sidelines.  As an asset manager and investment consultant, I am always asked questions about the timing of investment and my answer is that “time […]

Let’s Look at the Facts

Investor sentiment has driven the stock market to new lows in 2016.  However, investor sentiment is rarely reflective of market fundamentals (e.g. revenue and earnings growth).  I calculate an increase of nearly 64% for the S&P between the period of Jan 2011 to July 2015.  However over the same 4-year period corporate earnings have only increased […]