Asset Allocation with Value and Momentum
Last time, we discussed the overwhelming evidence that investors fail to beat a long-term asset allocation strategy (or “Basic Strategy”), by picking funds or stocks to their own detriment. Following […]
Should You Dollar Cost Average?
When faced with a large windfall, most investors naturally rely on Dollar Cost Averaging (DCA) to gradually invest their portfolio. The touted benefits of DCA are usually (1) avoiding a […]