Author Archives:
Is the “permanent portfolio” hyper-diversification worth considering?
After the last couple of years, many investors are wondering if there’s an investment strategy that could have avoided all that volatility while still earning the returns they’ll need to retire on time. This Marketplace article discusses the “permanent portfolio” strategy developed by the late investment adviser Harry Browne. The portfolio arguably has the best [...]
Two examples of why financial literacy may be even more important now
These two articles about the aftermath of the recently enacted credit card rules demonstrate the shortcomings and unintended consequences of financial regulation and the need for financial literacy. The first article shows how credit card companies are instituting new fees to replace the ones that are now illegal and finding clever ways to trick borrowers [...]