Investing

Volatility

Stock market volatility can appear to be quite complex to most of us. The concept itself at a high level actually isn’t that complicated. Once you attempt to measure volatility, price it and/or trade it is where the complexity arises. In its simplest form, volatility is a measure of the dispersion of returns of a …

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Investing

The Bond Sunset?

Bonds have become less attractive in many corners of the investment markets in 2020 as rates have dropped to historically low levels. As a reminder, bonds can produce returns in two forms: 1) the interest they pay which is a product of the yield or rate they offer and 2) price appreciation. Historically, most investors …

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Investing

Deviating

I briefly discussed the concept of robust investment portfolios in my previous post. I emphasized the importance of having sufficient humility to acknowledge we’re unable to predict the future and to have an imagination that recognizes there are a lot of possible outcomes that we don’t normally and naturally consider. Basically, we need to be …

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