Paul Ohanian, CFP®, founder and CEO of Scottsdale Wealth Planning, announces the creation of a research and education division for the company and has added Thomas Doellman, PhD, as an external consultant for the new investment committee. "Thomas is associate professor of Finance at St. Louis University, and holds a PhD in finance from the University of Florida. His years of market research in retirement investing - the psychology, market analytics, behaviors of investing and awarded … [Read more...] about In the News: Scottsdale Wealth Planning adds Doellman as investment committee member
Tales from the Crypto: How to Think About Bitcoin
Everything you don't understand about money combined with everything you don't understand about computers.HBO's Last Week Tonight with John Oliver, March 11, 2018 Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. Given bitcoin's dramatic price changes, it is not surprising that many are speculating about its possible role in a portfolio. Read Dimensional Funds VP Weston Wellington's article, "Tales from the Crypto: How to … [Read more...] about Tales from the Crypto: How to Think About Bitcoin
Just How Diversified is your Portfolio?
By Paul Ohanian, CFP® & Thomas Doellman, PhD Academics and industry professionals have known for some time that when people invest in the stock of publicly-traded companies, they tend to invest in companies from their home country. Known as the "home country bias," this behavioral bias is one of many that plague individuals' retirement investment portfolios. The reason? Diversification…or lack thereof! Importance of International Diversification Diversification aims to … [Read more...] about Just How Diversified is your Portfolio?
The Right Thing, Not the Easy Thing
It may be easy to find an investment strategy that looks great in hindsight. It's more important to find ways to add value going forward. Read Dimensional's research paper, "The Right Thing, Not the Easy Thing," HERE. LEARN MORE An Exceptional Value PremiumUntangling IntangiblesWhy Worry About Survivorship Bias? DISCLOSURES The information in this document is provided in good faith without any warranty and is intended for the recipient's background information only. It does … [Read more...] about The Right Thing, Not the Easy Thing
Leading Labor Economist Professor Ed Lazear on COVID-19
Renowned labor economist Edward P. Lazear, an independent director on the boards of Dimensional's US Mutual funds, discusses what policymakers are monitoring with COVID-19, how monetary authorities are responding, and what the global recovery may look like. Prof. Lazear teaches at Stanford University's Graduate School of Business. As chairman of the Council of Economic Advisers under President George W. Bush from 2006 to 2009, he helped guide the US policy response to the financial … [Read more...] about Leading Labor Economist Professor Ed Lazear on COVID-19
What Happens When You Fail at Market Timing
From Dimensional Fund Advisors The impact of missing just a few of the market's best days can be profound, as this look at a hypothetical investment in the stocks that make up the S&P 500 Index shows. A hypothetical $1,000 turns into $138,908 from 1970 through the end of August 2019. Miss the S&P 500's five best days and that's $90,171. Miss the 25 best days and the return dwindles to $32,763. There's no proven way to time the market—targeting the best days or moving to the … [Read more...] about What Happens When You Fail at Market Timing