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.
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.
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.
It’s that time of the year when the talking heads of television and the prognosticators of print issue their sage outlooks for the coming 12 months. While this crystal ball gazing is always entertaining, it becomes even more so a year later.
You may have read that the last day of 2013 is scheduled to be the last day for an estimated 57 different tax deductions--unless the U.S. Congress turns its attention away from the next potential government shutdown and extends some or all of them. All of these deductions will be available to the 2013 tax return that you file by April 15.
Grunden Financial Advisory, Inc. is pleased to announce Eugene Fama has been awarded the Nobel Prize in Economics. Professor Fama's groundbreaking work on asset pricing and markets provides the foundation for our investment philosophy and his work also inspired the founding of Dimensional Fund Advisors.
For some of us, it’s hard to give up on the idea that investing should be exciting. Picking stocks can be fun, after all, and there’s nothing like getting your timing right and bragging about it later with friends.