Resources

Is a Million Bucks Enough to Retire?

Tim Maurer offers a simple retirement stress test and asks what is perhaps the better question: What number works for you? “Wow, those guys must be millionaires!” I can recall uttering those words as a child, driving by the nicest house in our neighborhood—you know, the one with four garages filled with cars from Europe. The…

A Long-Term Perspective on the Stock Market Downturn

After years of little volatility, the market’s ups and downs might have you feeling uneasy. But a long-term perspective from Chief Investment Officer Jared Kizer provides some context on the stock market downturn. Prior to Feb. 2, 2018, the stock market had been through a remarkably tranquil period. Since that date, the U.S. stock market…

How to Manage Your Money in 2018

Tim Maurer visits with the TODAY show to discuss managing debt, saving for the future and investing long-term. With markets hitting record highs and a new tax plan in place, there’s a lot in play when it comes to balancing your finances. Tim Maurer visits with the TODAY show’s Sheinelle Jones and Craig Melvin to…

Fixed Income Quick Take: In-State vs. Out-of-State Bonds

Fixed Income Advisor Steve Wiechel explains how the fixed income desk determines which is best for each individual client. In-state or out-of-state municipal bonds? Fixed Income Advisor Steve Wiechel explains how the fixed income desk determines which is best for each individual client.   By clicking on any of the links above, you acknowledge that…

Don’t Write Off Value

Larry Swedroe takes a look at the data and builds his case for why investors should continue to expect a value premium going forward. Recency bias—the tendency to give too much weight to recent experience and ignore long-term historical evidence—underlies many of the mistakes commonly made by investors. It’s particularly dangerous because it causes investors…

Entrepreneur Shares ‘Life-Saving’ Career Change

Tim Maurer tells the tale of an entrepreneur who made his passion into his profession. “This was given to me, because that was going to kill me,” entrepreneur Lee Janik told me. “That” was the job of owning and running a construction company he started in Ohio in the mid-2000s. “This” was the sacred experience of fly fishing,…

Tips to Help Teach Your Children About Money

BAM ALLIANCE member Stuart Vick Smith offers five tips for helping to teach your kids about money. As parents, we continually struggle to pass knowledge on to our children. Unfortunately, sometimes financial knowledge is left off the list or lost in translation. To prevent that happening, consider the following five tips to help teach your…

Understanding Different Types of Risks

Larry Swedroe on the importance of integrating all risks (not only the investment kind) into an overall financial plan. Larry Swedroe, Director of Research, The BAM ALLIANCE Harry Markowitz received the Nobel Prize in Economic Sciences in 1990 for his contributions to the body of work known as “modern portfolio theory.” Probably his greatest contribution…

An Integrated Investment Plan Is Key

A sound investment plan isn’t the only way to find financial security. Earlier this week, we looked at the importance of incorporating different types of risk—specifically, human capital risk—into an overall financial plan. Today I will focus on mortality and longevity risk, and using “tax alpha” strategies to improve the odds of achieving your financial goals….

A More Complex View On Value

Larry Swedroe shows that book-to-market isn’t the only criteria for defining the value factor. Eugene Fama and Kenneth French’s 1992 paper, “The Cross-Section of Expected Stock Returns,” resulted in the development of the Fama–French three-factor model. This model added the size and value factors to the market beta factor. As my co-author, Andrew Berkin, and…

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