The future of true asset allocation may lie in understanding its past.
Education
The results are in. Asset allocation doesn’t work in the long run. Rebalancing doesn’t produce better returns in the long run. In short, asset allocation as popularly practiced is myth.
There’s a reason why short-term asset allocation is doomed to disappoint. You can find it in every SEC-mandated performance disclaimer.
Much of asset allocation marketing collateral is founded on a simple misinterpretation, yet this myth persists. Why?
Are our expectations of Asset Allocation too high?
The 21st Century 401k is certainly not your father’s 401k – but is that a good or a bad thing?
Older than mutual funds, the dangers in them exposed by the crash of 1929 led to the creation of mutual funds. Can their modern descendants reclaim the mantle long held by mutual funds?
If you were stranded on a desert island and only had enough internet capacity to read 10 blogs, you wouldn’t go wrong reading these.
Here’s what you missed if you weren’t in San Antonio for CFDD 2014!
