Following are 10 principles we have adopted to help us serve as a trusted advisor.
Medicare health insurance is a dense topic. Each of the various options have specific coverage and enrollment periods. To select the best coverage for you, it helps to have a better understanding of the program. This knowledge can help you and your loved ones iron out the areas that tend to cause the most confusion.
We use both individual bonds and bond funds for our clients. It can be confusing why one strategy for buying bonds is preferable to another, but in reality the reasoning is fairly straightforward: It comes down to costs, diversification and liquidity needs. (more…)
Each year, author Larry Swedroe, director of research for the BAM ALLIANCE, takes a look back at the investing lessons the markets provided in the past year.
We have some exciting news to share with you!
As you may know, Lauterbach Financial Advisors is part of an active community of more than 130 independent wealth management firms throughout the United States. Each and every firm works to deliver on the promise of true wealth management for investors and their families. A few weeks ago, all the member firms came together to launch the BAM ALLIANCE — a new destination of ideas, insights and intelligence that enables our clients to make even better decisions about their financial futures.
Author Carl Richards, director of investor education for the BAM ALLIANCE, shares his views on New Year’s resolutions.
The New Year’s holiday is a great time to reflect on what’s really important to us. Spending time with family and friends can help us get focused on where we’re at right now and where we want to be in a year. We have the time to ask questions and make sure things like our investment strategy still match our goals. It’s also a natural time to think about making changes. (more…)
In the past few years, some investors have asked us whether they should replace a portion of their high-quality bonds or bond mutual fund holdings with strategies ranging from high-dividend stocks to oil and gas master limited partnerships because “rates are low.” We have generally counseled investors that every one of these strategies involves substantially more risk than high-quality bonds and that a much better way to increase the level of risk that you are taking is to increase your allocation to a diversified, low-cost stock fund portfolio.
Everyday appears to bring a new development on the situation surrounding the turmoil in Greece and the Eurozone. With that in mind, below you’ll find a link to a special posting by our strategic partner Dimensional Fund Advisors (DFA).
Inasmuch as we utilize DFA Funds to a great extent in our client portfolios and in our own 401(K) Profit-Sharing Plan, the sentiments expressed in the report greatly reflect how we view this situation and what we are telling our clients on our conversations with them.
Download Report (pdf, 452kb)
Vanguard recently announced that it would be closing its high-yield corporate fund “effective immediately” and that the fund had received “approximately $2 billion” of flows over the past six months. While growth of Vanguard’s assets under management is almost always a good thing, a fund shuttering its doors to new flows makes one wonder just how frothy credit markets have become. Let’s take a step back, though, and look at high-yield bonds as an asset class. Many investors simply don’t understand the returns that high-yield bonds have historically generated or just how closely correlated they are with the equity markets.