Thinking about a major asset for most everyone… your home
For centuries housing has been both shelter and a financial asset, which is an awkward combination. We do not ask the family refrigerator to appreciate at 5 percent a year,…
Risk Tolerance vs. Risk Capacity: Why Feeling Bold Isn’t the Same as Being Prepared to Be Bold
As an investment advisor, I think about risk and elements of risk far more than I think about return. But risk is one of those words that appears precise until…
Why a Long-Term Portfolio Needs Both Growth and Stability
Investing is often described as a search for return. That description is accurate, but incomplete. A thoughtful investor is not simply attempting to earn the highest possible return. The more…