What we look for when picking a mutual fund
In theory, picking a good mutual fund should be easy. Just find a fund with an experienced portfolio manager who has consistently outperformed the fund’s relevant benchmark and buy some shares. Then...
View ArticleThe premium for taking stock risk is shrinking
Following up on Gary’s Tacoma News Tribune column on February 2, here’s another way to look at expected investment returns. Portfolio construction principles start with what is perceived to be the...
View ArticleFarmland, agriculture commodities may outrun stocks or bonds
It’s no surprise that in a world racing past seven billion people, farmland and food crops have drawn attention as an investment theme. According to a research paper from Absolute Return Partners...
View ArticleCost basis returns understate performance
Continuing the theme of my June 4 column in the Tacoma News Tribune, here’s another element of evaluating investment returns that can be confusing: In some cases, particularly with mutual funds that...
View ArticleAverage returns distort retirement income assumptions
This post continues a series of thoughts on investment returns and misleading aspects of average annual returns. The articles started with my Tacoma News Tribune column June 4 and extended to include...
View ArticleReal, Real Real Returns
In our previous post, we looked at a study that Thornburg Investment Management has done which shows the returns of a variety of asset classes after they have been reduced for inflation, taxes and...
View ArticleTracking the investment returns you get to keep
For the past 20 years Thornburg Investment Management has published a study of “Real Real Returns.” This study shows the returns of various asset classes after the effects of inflation, taxes and...
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