Several clients have recently asked me about Socially Responsibility Investing (SRI), so I thought I’d share my thoughts. In case you are in a hurry, the executive summary of my critique is to avoid SRI because it is largely a marketing ploy that creates mutual funds that are expensive, not very diversified, generally perform poorly […]
Should I Invest in Oil?
During the first week of January (2015), the price of oil went below $50 a barrel and I filled up my gas tank in my SUV for less than $30! As a result, several people asked me if it is time to invest in oil. There is currently a lot of talk about declining oil […]
Planning for Next Year
The beginning of the year is one of my favorite times of the year. It is a time for reflecting on the past year and thinking of goals for the next year. As you are contemplating potential financial goals for the year, I thought I’d share some things I’ve learned when it comes to money. […]
Diversification: The Broccoli of Investing
Diversification is like the broccoli of investing. You know that diversifying your holdings and eating broccoli are the prudent long-term things to do… but sometimes both are hard to consistently do. Even though broccoli is not the yummiest food, I make myself eat it. I also diversify my portfolio because both things are good for […]