There’s usually two forms of ideological rhetoric that accompany low interest rates. The first is that the Fed has “manipulated” interest rates lower. And the second is that the Fed is “punishing savers”. Let’s take a look at each of these ideas because I find them misleading at best and hypocritical at worst.
The WSJ was out with a piece discussing outflows from DoubleLine’s Total Return Bond fund this week. One of the reasons for the outflows was cited as the lack of [ … ]
* Sorry for the brief hiatus. Life got in the way and I had to take some time off. All is better now in case anyone cares. Here’s a [ … ]
The following ten posts include some of the biggest myths in the investing world. I hope you find them educational and informative.
This is the ninth instalment of a ten part series similar to what I did with “The Biggest Myths in Economics”. Many of these will be familiar to regular readers, but [ … ]
If you take a basic finance course the first thing you learn about bonds is that bond prices are inversely correlated to interest rates. So, when rates rise bonds prices [ … ]
With a change in the US Treasury Secretary soon taking place I get to play fantasy world and imagine how I would handle the transition if I were nominated.¹ One [ … ]
One of the more common investing myths is the idea that indexing is necessarily “average”.¹ It makes sense at first. If you bought all of the stocks in the market [ … ]
As indexing strategies gain in popularity I am seeing a common selling point from active stock picking fund managers – the idea that more indexing creates more opportunity for active managers. [ … ]