Based on their names alone, fee-only vs fee-based advisors may sound similar yet the two incentive structures present a surprising number of contrasts. And while these differences are subtle, the impact on your bottom line may not be. When it comes to managing...
Remember the fairy tale about Goldilocks? You know, the little blonde girl who broke into the home of an innocent family of bears, and helped herself to three meals and a nap? Moral ambiguities aside, Goldilocks was right about one thing: ultimately, everything comes...
In an industry largely characterized by a lack of corporate accountability and conflicts of interest, we want to be the outspoken financial mavericks you can turn to for advice and straight-forward, unfiltered opinions. Really, we mean it. And when it comes to...
Expense ratios can be confusing. What are they? What do they reveal about a fund? Why should you, as an investor, care about any of this? Understanding expense ratios is important if you have invested in a fund (or ever plan to). Whether we’re talking about Exchange...
A lot of people ask how our MONCON Recession Plan works. I’m going to refrain from discussing the exact data it looks at, but in general, it’s data that are representing the economic cycle. Economic cycles have a fairly predictable chain that can provide signs of...
I’ve been working in wealth management for over two decades now. It’s changed a lot, mostly for the better, but the one thing that has remained consistent is investor behavior. One of the most often repeated statements I hear from investors is something along the...
