In the new normal, risk is par for the portfolio

How much risk are you taking in your portfolio? Given the lack of return in the fixed income market and investors’ reach for yield, many are taking more risk than they should. It is traditional financial advice that the risk profile of funds set aside for retirement should vary inversely with one’s age, i.e., the […]

If You Build It, They Won’t Come: Opinion

It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.– Charles Darwin I am often asked: “When do you think the economy will return to normal?” My response: If by “normal” you mean what we had from the 1980s to 2008 — the “if […]