
Recommended Reading: Rethinking Investing by Charley Ellis
by Scott PuritzAs a financial advisor, a common question I get from friends and family is “Can you recommend a book that will help me understand how to invest?” I always hesitate with this question, not because I do not know what to suggest, but because there are too many good choices! For some folks, the clear… Continue reading

Meeting Vanguard’s John Bogle: A Reflection
by Scott Puritz“Legacy” is a loaded word. It suggests principles and ideals that will outlive one generation and guide the next. For parents, even those who are engaged, the journey often requires letting go and allowing children to make mistakes and learn. When reflecting on legacy and the knowledge that fosters success and happiness, one figure comes… Continue reading

What Will Happen to Social Security After Trump Takes Office?
News you can use: How does the Trump win impact your Social Security benefits? What Will Happen to Social Security After Trump Takes Office? By Tara Siegel Bernard, November 14, 2024 Americans are polarized on many issues, but there’s at least one program that continually wins nearly everyone’s support: Social Security. It isn’t subject to… Continue reading

How to Stay Sane When Markets Get Wild
Long-term stock market investors earn more by ignoring short-term noise. How to Stay Sane When Markets Get Wild By Jason Zweig, August 9, 2024 Stop trying to make it make sense. Just about every volatility storm in the markets quickly morphs into a baloney blizzard, as Wall Street’s market strategists and a swarm of online… Continue reading

What Presidential Election? So Far, the Stock Market Doesn’t Care.
Despite political drama, stock market professionals are focused on economic factors rather than election results. What Presidential Election? So Far, the Stock Market Doesn’t Care. Traders appear to be focused on possible Fed rate cuts and corporate earnings, and are remarkably indifferent to political fortunes, our columnist says. By Jeff Sommer, July 19, 2024 With… Continue reading

More Munger
Charlie Munger, the vice chairman of Berkshire Hathaway, left a significant legacy when he passed away last November, just shy of his 100th birthday. Charlie Munger, along with Warren Buffett, have always invested with the long-term in mind and advocated for investing practices that align with the Rebalance approach. You may want to check out… Continue reading

Upsets Belong in Your March Madness Bracket – Not Your Stock Portfolio
by Scott PuritzHope springs eternal, especially in March. Like many firms, ours runs an informal NCAA basketball tournament pool for our employees. It is fun. This time of year, the NCAA Basketball Tournaments thrill fans and create so much interest that it is estimated one in four Americans fills out a bracket to predict who will win… Continue reading

The Psychologist Who Turned the Investing World on Its Head
Last week, the investing world lost a giant – Daniel Kahneman. A psychologist at Princeton University and winner of the Nobel Prize in economics, Kahneman may well have had more influence on investing than anyone else who was not a professional investor. Jason Zweig wrote a lovely tribute to Kahneman in his WSJ column. Check… Continue reading

Index Funds Overtake Active Funds In Major Milestone
A 48-year-old major milestone has been reached: in 2023, mutual and exchange traded index funds in the United States overtook their actively managed counterparts. Index Funds Overtake Active Funds In Major Milestone by Miriam Rozen, January 31, 2024 By a margin of $8 billion, the investment industry reached a 48-years-in-the-making milestone at the end of 2023: Passive… Continue reading