Harry Browne and the “Permanent Portfolio”

There are many ways to construct an investment portfolio. My preference is to have your core asset classes be U.S. stocks, international stocks, and...

Should You Invest In Municipal Bonds?

Municipal bonds are attractive to investors, particularly high tax-bracket investors, because they are potentially exempt from federal and state income taxes. But my concern is...

How To Choose The Right Target-Date Fund For You

Many physicians don't want to think too hard about investing. There are a lot more fun things to do in life than worry about...

Not All Index Funds Have Low Expense Ratios

Many of us take for granted that we should be paying next to nothing for our index funds. Vanguard, Fidelity, and Schwab offer great index...

15 Warren Buffett Quotes On Investing, Personal Finance, and Life

Warren Buffett is famous not only for his tremendous long-term success as an investor, but for his folksy, down-to-earth personality. He is so quotable,...

It’s Not What You Make, It’s What You Keep: Improving Your After-Tax Returns

One underrated aspect of personal finance is investing a tax-efficient manner. The role of taxes in investing is often overlooked, typically because everyone’s tax...

Market Skew: Another Cause For Investor Underperformance?

Studies have continually shown that the majority of market participants underperform the market. For example, in 2014, 86% of large-cap actively-managed mutual funds failed...

Schwab 1000 Index ETF (SCHK): A Review Of Schwab’s Newest ETF

Schwab, along with Vanguard and Fidelity, are the three leading providers of low-cost index funds to investors. Each offers many ETFs and index funds...

A Look At The Coffeehouse Portfolio (Lazy Portfolios)

My favorite asset allocation uses a three-fund portfolio consisting of U.S. stocks, international stocks, and U.S. bonds. There are certainly other similar asset allocations...

Don’t Micromanage Your Investment Portfolio

Investing doesn’t have to be complicated. All it takes is an investment in three index funds to build a diversified portfolio at very low...