Portfolio Strategies Articles

A Manager’s Insights on Risk and Investing

July 2016 by Charles Rotblut
Right-sizing risk, right-timing risk, relying on knowledge and experience and applying appropriate skepticism can lead to better decisions. Read more »

A Manager’s Insights on Risk and Investing

July 2016 by Karen Firestone
Right-sizing risk, right-timing risk, relying on knowledge and experience and applying appropriate skepticism can lead to better decisions. Read more »

Why a New Allocation Approach Is Needed

June 2016 by Charles Rotblut
The traditional way of allocating portfolios costs investors significant wealth and fails to consider how risk actually occurs in the real world. Read more »

Why a New Allocation Approach Is Needed

June 2016 by James Cloonan
The traditional way of allocating portfolios costs investors significant wealth and fails to consider how risk actually occurs in the real world. Read more »

Cash Flow and Allocation Strategies for Retirees

June 2016 by Charles Rotblut
A reverse mortgage can boost withdrawal rates if used correctly; plus, why index funds can simplify decisions regarding taking withdrawals. Read more »

Cash Flow and Allocation Strategies for Retirees

June 2016 by Jane Bryant Quinn
A reverse mortgage can boost withdrawal rates if used correctly; plus, why index funds can simplify decisions regarding taking withdrawals. Read more »

Retirement Portfolio Survival: A 90-Year Study

May 2016 by Craig Israelsen
While a conservative allocation lasts 35 years at a 3% withdrawal rate, higher withdrawal rates require greater exposure to stocks. Read more »

Insights on How to Manage a Concentrated Portfolio

May 2016 by Michael van Biema
Investing in a small number of stocks requires a focus on margin of safety and valuations as well as the ability to invest for the long term. Read more »

Insights on How to Manage a Concentrated Portfolio

May 2016 by Allen Benello
Investing in a small number of stocks requires a focus on margin of safety and valuations as well as the ability to invest for the long term. Read more »

Using Cash and Short-Term Bonds to Avoid Taking Losses in Retirement

May 2016 by Charles Rotblut
Combining a stock and bond allocation with cash and short-term bond funds can help a retiree better endure down markets. Read more »

Using Cash and Short-Term Bonds to Avoid Taking Losses in Retirement

May 2016 by Jane Bryant Quinn
Combining a stock and bond allocation with cash and short-term bond funds can help a retiree better endure down markets. Read more »

Retirement Readiness Is Being Assessed in the Wrong Manner

April 2016 by Charles Rotblut
No consensus exists on an acceptable risk of outliving savings, and current models don’t reveal the magnitude of the shortfall retirees face. Read more »

Retirement Readiness Is Being Assessed in the Wrong Manner

April 2016 by Moshe Milevsky
No consensus exists on an acceptable risk of outliving savings, and current models don’t reveal the magnitude of the shortfall retirees face. Read more »

Rebalancing Update: A Tiny Raise for Retirees

March 2016 by Charles Rotblut
Even with last year’s volatility, no rebalancing was required. Low inflation caused the withdrawal amounts to increase only slightly. Read more »

Six Questions With John Bogle

March 2016 by Charles Rotblut
The founder of Vanguard explains how investors can maximize long-term wealth and gives advice for how to get grandchildren interested in investing. Read more »

Six Questions With John Bogle

March 2016 by John Bogle
The founder of Vanguard explains how investors can maximize long-term wealth and gives advice for how to get grandchildren interested in investing. Read more »

The Mathematics of Retirement Portfolios

January 2016 by Craig Israelsen
The amount saved, the allocation followed and the withdrawal rate chosen all determine how much retirement income a portfolio can safely provide. Read more »

Exploring the Optimal Equity Allocation Path for Retirees

December 2015 by David Blanchett
Whether it is better to increase or decrease equity allocations in retirement depends on both preferences and assumptions about future returns. Read more »

The Advantages of Simple Allocation Strategies

November 2015 by Wesley Gray
Complex strategies do not significantly outperform simpler ones, such as equal-weighting or a 60% stocks/40% bond mix. Read more »

How Big Is Longevity Risk?

October 2015 by Bob Collie
The uncertainty of how long a person will live poses negligible risk at younger ages and sustainable risk at older ages. Read more »

Frontier Markets Offer Growth From a Very Diverse Set of Economies

September 2015 by Charles Rotblut
These smaller countries have strong growth prospects and companies that are often oligopolies or monopolies tied to multinational corporations. Read more »

Frontier Markets Offer Growth From a Very Diverse Set of Economies

September 2015 by Laura Geritz
These smaller countries have strong growth prospects and companies that are often oligopolies or monopolies tied to multinational corporations. Read more »

Mathematical Support for Rising Equity Glide Paths

September 2015 by Luke Delorme
Increasing exposure to stocks in retirement can reduce the chances of running out of money and allow for a larger withdrawal rate. Read more »

Is Outperforming the Market Alpha or Beta?

July 2015 by Larry Swedroe
Above-benchmark returns (“alpha”) are often achieved by weighting specific factors, calling into question the cost of active management. Read more »



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