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Blog | The Portfolio Doctor

The Portfolio Doctor

My blog provides valuable insights into Nobel Prize-winning financial strategies for investors. By utilizing decades of worldwide peer-reviewed capital markets research and analysis, I demonstrate how to build better investment portfolios with lower risks. I also examine common financial media misinformation and how investors can make better financial decisions.

Dimensional Fund Advisors Named Most Recommended Asset Manager by Advisor Perspectives’ Advisors Choice™ Awards

When it comes to choosing to work with asset managers on behalf of our clients there is no shortage of options. There is Schwab, AQR, American Funds, Vanguard, BlackRock and the list goes on. We have, for a long time, chosen Dimensional Fund Advisors as our primary asset manager for the funds we choose for our clients. The philosophy that they use is evidence-based investing. The choices that they make are backed by decades of research from Nobel Laureates and financial science. To us, this approach to investing just makes logical sense.

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Is Your Investing Strategy Really a Strategy?

SPECULATION, RISK, AND A LONG-TERM PLAN FOR BUYING AND SELLING SECURITIES

Many people are hesitant to invest heavily in the stock market because they consider it similar to gambling or taking too much of a risk with their hard-earned money. With volatility on the rise in our current climate, more investors are pausing to consider the risk they are taking with their investments and whether they should be so bold.

The idea of losing more than they can afford to in advance of their retirement weighs heavier on them than the possibility of capitalizing on the money they invest. Sadly, this type of behavioral bias--fear and herd mentality--can do more harm than good.

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Preparing Essential Documents Before Your Child Goes off to College

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Preparing for college is exciting and expensive. Any parent who has painstakingly spent hours in Target and Bed Bath and Beyond finding the perfect dorm sheets, blankets, refrigerator, desk and lamp among the countless other items you’ll likely buy along with those, can tell you that sending a child off to college is not just emotionally draining it is financially draining. While you are making these important purchases to ensure your child is well-prepared and comfortable in her or his new living environment, there are some legal documents that need to be prepped as well.

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Give Yourself a Gift This Holiday Season: Hire a Fiduciary not a Salesperson

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With a new Republican administration in the offices of President and dominating both the House and Senate it comes as no surprise that, since taking office nearly a year ago, President Trump and the GOP have decided to delay the DOL fiduciary rule indefinitely. Many opponents of this roll back on regulation say that it is denying the American people of transparency and their right to hire someone that they know will act in their best interest as an advisor. What is overlooked is the fact that investment advisors are already required to act in the best interests of their clients as fiduciaries. Brokers, on the other hand, are salespeople who are recommending investment products that, although may be suitable, are not always the best choice for their clients.

The issue is not whether the government should pass a law requiring brokers to live up to the same standards that I and many of my colleagues have been sworn to uphold for decades. The issue is that people should know the difference between an investment advisor and a salesperson.

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Away From the Numbers: Keeping Money and Goals in Perspective

away from the numbers

Numbers guide much of our daily lives. From the price of a gallon of gas to the cost of our morning coffee, numbers are solidly submerged in our collective consciousness. Numbers are absolute. Even though the cost of a gallon of milk may go up or go down, what the numbers involved mean stay static and absolute. Prices may fluctuate, but a dollar is still four quarters, ten dimes, twenty nickels or one hundred pennies (as unwieldy and impractical counting all of them out at the coffee shop cash register might be). Numbers are logical and predictable. Three times seven will always add up to twenty-one (a number that has much significance at the blackjack table and equal importance for college students looking to embrace their new-found adulthood with a pint or two at the local watering hole). Numbers are practical and unemotional. Numbers know no sympathy - just ask anyone who has ever gotten a costly ticket for exceeding a posted speed limit. Numbers are a lot of things but one thing they are certainly not: numbers are not people.

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