Focus On What Matters

Inflation & Deflation Risk

Throughout history two of the biggest long-term risks to investors have been inflation and deflation. Unlike the risks we examined in prior posts—personal goals, lifestyle considerations, planning assumptions, market volatility—investors have little … [Read more]

What Brexit Means for You and Your Portfolio

Yesterday Britain voted to leave the European Union, sending shock waves through the market today. The US stock market declined approximately 3.6% and international markets were down approximately 7.7%. Many investors are left feeling uneasy and … [Read more]

Temporal Investment Risk

From November 2007 through February 2009, the world stock market (represented by the MSCI All County World Index, net) lost 55% of its value. Every investor and financial advisor lost sleep during this period. However, the outcomes of investors … [Read more]

The Risk of Incorrect Return Assumptions

It is better to be roughly right than precisely wrong." -John Maynard Keynes Historically, the S&P 500, a common benchmark for the US stock market has returned approximately 10% annualized (1926-2015). After accounting for inflation (CPI) … [Read more]