Investment Management

Our approach creates a portfolio intended to maximize growth and stability and minimize risk and emotion.

We invest for you according to these fundamental principles:

 

  • Use thoughtful financial planning to drive investment decisions.

  • Minimize costs, taxes, and turnover.

  • Invest for the long term. Don’t time the market.

  • Create a globally-diversified portfolio; the kind that has historically been shown to reduce risk and improve return. Do this using carefully selected ETFs and mutual funds.

  • Use an investment strategy grounded in rigorous academic and evidence-based research; not Wall Street trends.

  • Practice strategic asset allocation, strategic asset location, tax-loss harvesting, regular monitoring, and timely rebalancing.

A Word on Beating the Markets

If you believe, like we do, that no one can accurately predict future security prices of market sectors or asset classes, or accurately time the market, then why would you be willing to pay someone to try and do what you think cannot be done?

 

Why do Wall Street firms and their advisors continue to ask clients to pay billions of dollars every year to predict something that studies show they can’t accurately predict on a consistent basis? We argue it is because it is in their (or their shareholders’) best interests, not their clients’.

Consider this statement: it is very hard to make a person see a truth when their job is based that truth not being true.

Sometimes this is referred to as institutional blindness.

Market research points to a preponderance of the evidence that no one can accurately predict what individual stock prices will do in any given period because what drives the change in prices is news, and news is unknowable ahead of time.

Evidence also shows that no one can accurately predict what market sectors will perform best in any given period, when to get out of stocks before they drop or get back in before they go up, and that no one can accurately predict the performance of asset classes (whether US stocks, bonds, cash or international stocks) in any given period of time.

 

Disclosure: Asset allocation and diversification do not assure or guarantee better performance and cannot eliminate the risk of investment loss. With any investment strategy, there is the possibility of profitability as well as loss.

Please read our important disclosure information.