In all of my years of investing, I have never seen a vehicle as tax efficient as exchange-traded fund (ETFs), particularly when they are held in a thoughtful portfolio and regularly rebalanced. ETFs beat the tar out of mutual funds and individual stock holdings, and you owe it to your heirs — if not yourself… Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, on why so few are able to beat the stock market. Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, on the thought process that lead him to index investing. More index investing tips from retirement pros. transcript I’m a big believer in indexing, which is one of the reasons why I’m working with Rebalance. And a lot of times people say, “But why do you… Continue reading →

Will there be a Santa Claus rally this year? The hedge funds better hope so. Just owning the market in an index fund is set to demolish active managers once again, according to data from the University of Pennsylvania. Importantly, this is not just a game in which the clock has run out and managers get to… Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, on how index investing began. Continue reading →

Billions of dollars in retirement assets have been leaving active managers’ hands in favor of index funds. New data from Bank of America shows why: So far this year, just 17.7% of active managers have bested the large-cap index benchmark. Last year, the percentage of “winning” managers was 40.5%, reports the bank. As a result,… Continue reading →

Professor Charles D. Ellis of the Rebalance Investment Committee on the how index investing wins. Continue reading →

Jay Vivian, former managing director of the IBM Retirement Funds, on the biggest investor mistakes he sees. Continue reading →

Professor Charles D. Ellis of the Rebalance Investment Committee active trading works against us. Continue reading →