Author: Brent Lemieux CFA® CPA I’d like to state the obvious: taxes are a bummer. They aren’t fun to pay. They aren’t very interesting to learn about. It generally feels better if we just don’t think about them. However, if we ignore taxes when making investment decisions, there’s a strong … [Read more...]
How to Save Tax On Investments
What is Rebalancing?
Author: Brent Lemieux CFA® CPA Portfolio Rebalancing Explained At a high level, rebalancing is the process of adjusting your portfolio back to its target asset allocation percentages. Over time, investments change value and the allocation will drift away from the original target. In order to … [Read more...]
Why Do Investors Often Earn Less Than Their Investments?
Author: Brent Lemieux CFA® CPA The behavior gap is the difference between the return a mutual fund earns and the return the average investor earns on that fund. For example, let’s say fund x earned 10% last year and the average investor in fund x earned 8%. In this example the behavior gap is 2% … [Read more...]
How Can We Protect Our Future From Financial Crisis?
Author: Brent Lemieux CFA® CPA In his 1949 book, “The Intelligent Investor” (the best book ever written on investing according to Warren Buffett), Benjamin Graham created a fictional character named Mr. Market. Mr. Market is a remarkably accurate human representation of the stock market and … [Read more...]
How Should I Adjust My Portfolio for the Coming Election?
Author: Brent Lemieux CFA® CPA There has been quite a bit of “the sky is falling” talk due to the upcoming election. With the two least popular candidates in the last ten election cycles remaining, warnings of disaster seem to be flowing in from everywhere. If you are scared at the proposition of … [Read more...]