I had an article published in the Journal of Financial Planning on dollar-cost averaging. You can read it here. You can also download a Powerpoint presentation version of it here.
I have gotten the same questions from advisors over and over again, both in person at presentations, and via email from those who had read the piece. They’re all asking the same thing: Hey John, it’s great that you found this pattern on 15-year timelines but 15 years is far too long for me to implement this. Can’t I do this on a short timeline? Continue reading “Follow-up to my Article on Dollar-Cost Averaging & CAPE”
For my master’s thesis, I explored the investment performance of several multi-million dollar endowment portfolios. In eight case studies, the results consistently showed that a low-cost portfolio outperformed a portfolio paying high fees to access active managers and alternative asset classes. Moreover, risk-adjusted performance showed the low-cost portfolio simply did better. (Previous analysis has shown that a low-cost portfolio outperforms the average endowment.)
But, that was only eight case studies. Why not do more? Enter a series of blog posts evaluating the performance of university endowments. Continue reading “Endowment Investing Case Study: Ball State University”
I’m a huge fan of Clark Howard. (I’ve been listening to his podcast for years.) And it’s not just the fact that he dispenses invaluable financial advice. Of course, that’s great. But the thing that’s really awesome about Clark Howard is how genuine he is. He really wants to help people. He really wants to do the right thing. It’s amazing. Planet Earth needs more people like him! Continue reading “Clark Howard’s Secret to Success”
Recently, we had a local financial planner solicit our financial planning services. We were honored by the request. You may be wondering:
Why would a financial planner outsource their personal financial planning?
Continue reading “How Many Times Do You Ask the Same Question?”
Two recent episodes in setting financial planning fees merit sharing, and both have the same ultimate take-away: don’t think you’re not worth it – because the right clients think you are.
Continue reading “Setting Fees for Financial Planning”
Succession Plan Versus Emergency Exit Plan – What is the difference?
When it comes to acquiring the existing business of an exiting advisor, there are two possible ways to do this:
- Your classic and well-known Continuity or Succession Plan
- The more uncommon Emergency Exit Plan
Continue reading “Succession Plan Versus Emergency Exit Plan”
With our Emergency Exit Plan in place at Define Financial, I thought I’d share a few things that I learned while helping to create an Emergency Exit Plan for my clients. Continue reading “Considerations for Your Emergency Exit Plan”
I can’t help but think of the parallels in the perceived complexity of creating an Emergency Exit Plan with the perceived complexity of creating an investment portfolio. Continue reading “Create Your Emergency Exit Plan for a Financial Planning Practice Now”
Prospective clients are now making amazing comments that I’ve never heard from them before:
Are you a fiduciary? Continue reading “Consumers are Getting Smarter”