In our last post, we shared the first in a trio of videos illustrating the important insights we can draw from Dimensional Fund Advisors’ Matrix Book of historical returns. When viewed close up, the data points found in the Matrix Book may look like just an endless array of random numbers. But just as random dots of paint can generate a bigger picture when viewed from a distance, so can individual...

Client Site | Issue Briefs JUNE 01, 2016 Index Reconstitution: The Price of Tracking Index funds may be a good option for investors seeking investments with low fees. However, an index fund manager’s strict adherence to an index comes at a cost in the form of reduced discretion around trading. Read More: OPEN PDF  ...

Following up on Sheri’s insights  from Devon’s search for a musical program, Wendy Vissar reflects on the challenges that she, her husband Michael Slackman and their son Nikolas have encountered in his desire to pursue a career in theatrical arts. As long-time neighbors and good friends, Nik and Devon are both about to make their way into the wider world. We hope they remain close to us and one another...

Shakespeare may have been right when he penned, “All the world’s a stage.” But as Sheri, her husband Dave and their youngest son Devon have discovered, an aspiring performing arts student will still find the college admissions process even more challenging as a result of extra audition and other specialized requirements. Following is Sheri’s advice for families of students who are interested in entering performing arts programs, like the one Devon...

In our last post, we described how a number of us here at SageBroadview have been on personal quests to send our kids to college … and have lived to tell the tale. Today, we share some of the key insights Lynn Iannetta Baker discovered as she, her husband Scott and their daughter Sarah looked into schools that seemed best suited for Sarah’s educational aspirations. Combining two parts of practical wisdom...

Planning for College It never rains but it pours, or so the saying goes. As it applies to sending our beloved adult children to college, many of us here at SageBroadview have been getting deluged lately. As Sheri described, Dominic flew the coop in 2014. This fall Devon, her youngest son, is entering the University of Hartford’s music performance and composition program via The Hartt School. Lynn has also recently completed “the...

A Fund Isn’t an Index (and Why That Matters) In our last post, we covered how not all indexes are created equally, which means that results may vary, even when they are supposedly tracking the same market. In today’s post, let’s look at how and why a fund’s performance may deviate from its closest benchmark index. Indexes vs. Evidence-Based Funds: Similar But Different Take one more step away from the real-life market,...

In recent posts (part I and part II), we covered some of the ways people try to determine how their investments have been doing, and how mismatched measures can generate misguided views. Determining your portfolio’s Time-Weighted Rate of Return (TWR) is one way to reach a relatively accurate sense of how your portfolio is doing compared to its most appropriate benchmarks during particular periods of time. One good two-part series deserves...

Well, speaking of the devil. Or, in this case, the devilish ways that some financial representatives make investment recommendations that may or may not be in your best interest. It depends on whether they are in a fiduciary relationship with you … or not. No sooner had we wrapped our own post explaining why the term may be as important as it is unfamiliar, Dimensional Fund Advisors published its own handy...

So, have you heard about the Department of Labor’s (DOL’s) new fiduciary rule, now governing the advice you receive for your retirement plan assets? If so, congratulations, you’re in an elite group. Maybe the news would have received wider coverage if the election year weren’t in full swing. Maybe not. As one of my colleagues observed, “Sad to say, ‘fiduciary’ is boring.” The word alone causes eyes to glaze and...