rofessional investors know something that most people find impossible to believe: that the threat of scary ups and downs in the markets is by far the best friend of the long-term and diversified investor. Why? Because over the long term, stocks have provided returns far higher than bonds or cash.
Investment pundits and gurus have been pouring over an interesting chart, reproduced here, that was published last year in the Financial Analysts Journal. The chart shows that, despite the recent high returns for stocks, investors, in aggregate, actually held only 37% of their portfolios in stocks at the end of 2012.
Your teenager is in the last month of his or her summer job, and chances are the wages have been collecting in a bank account. What should happen with that money when your child goes back to school?
Ricky Grunden, Sr., president and CEO of Grunden Financial Advisory, Inc., and Dave Ragan, Senior Financial Planning Specialist, have been awarded the Dallas/Fort Worth region recipients of the 2014 Five Star Wealth Manager award. This is Grunden’s sixth year in a row and Ragan’s second.
The second quarter wrapped up recently and enclosed you’ll find Grunden Financial Advisory, Inc.’s second quarter market review. This report contains information on how world stock/bond markets performed over the last three months as well as brief explanations of the numbers.
If you've visited the grocery store this year, you know that food prices have been going up alarmingly in recent months--and, in many cases, the price increases actually started years ago.
How much are you going to spend in retirement? What once seemed like a simple question has become incredibly complicated in recent years.
You may have heard about the 60 Minutes interview with author Michael Lewis, a former Wall Street broker, author of "Liar's Poker" and "The Big Short," who has just come out with a new book entitled "Flash Boys." Lewis is an eloquent and astute critic of Wall Street's creative and predatory practices, and in his new book (and in the 60 Minutes interview) he
Chances are, you know about Roth IRAs and what makes them special. Any contributions you make are taxable, and if you convert all or part of a traditional IRA to a Roth, you have to pay taxes at your ordinary income tax rate. But (the special part) you can take retirement distributions or income from the Roth tax-free, no matter what tax rates do in the future.
The unusually strong performance of US stocks in 2013 was a welcome surprise for investors who are following a simple buy-and-hold strategy and a source of exasperation for many professionals caught flatfooted by the steady rise in share prices.
It was the best year for the S&P 500 Index since 1997, with a total return in excess of 32%. The size and value dimensions were even more rewarding: 2013 was the best calendar year since inception for the DFA U.S. Large Cap Value Portfolio, while the DFA U.S. Micro Cap Portfolio had its second-best performance in 32 years of operation.