Links - Markets and Investing

QUOTE OF THE DAY

Don’t stick your head in sand like institutional investors who somehow think they can generate 10.9% returns over the next 5 years. (abnormalreturns)  

CHART OF THE DAY

MARKETS AND INVESTING

Positioning vs. Construction, Josh Brown.  

The Best Asset Allocation Of Stocks And Bonds By Age, FinancialSamurai.com.

Every Financial Crisis Is Different, John Rekenthaler.  "Every financial crisis is different. Because of that, we cannot apply lessons from the past to learn about the future. Nor we can look to those who made the right call last time. There's nothing to do, logically, but to trudge along as always, on the logic that the markets go up more than they do down and that, without the benefit of hindsight, we cannot know which investment expert will be correct about this particular crisis."  

Wise Investors Can Learn A Lot From Their Emotions, portfoliocharts.com.  

These hidden ETF fees are sucking money from your investmentreturns, MarketWatch.  

The Biggest Rock.  TheFinanceBuff.  "Your biggest rock is your human capital, your ability to add value and do things fewer others can."  

A note on threshold rebalancing, Monevator.com.  "However the threshold approach enables you to better fine tune your operations to take more control over costs and to reduce the impact of choppy markets." 

You Have to Invest. Ben Carlson. "Even a mediocre plan is better than none." 

The Vagaries of Using CAPE toForecast Returns, CFA Institute.  

In Human Affairs “Never Say Never”  AlephBlog.  "Rates can go lower from here." 

How Dare You Make Us Eat Our Own Cooking!  "“How can you recommend that others use your funds to save for retirement when you yourself have sued to get out of having to use them?” You can’t answer it without contorting your soul into a pretzel."  

Benjamin Graham on Financial Advisors, Ben Carlson. "This is the whole point of Graham’s concept of margin of safety — you have to leave room for error, both in terms of your investing decisions and your behavioral actions."  

Bond Ladders Unfairly Demonized, ETF.com 

The Laws of Capitalism are Being Rewritten, Josh Brown.  

Long-Term, Really Long-Term, And What You Should Focus On,  irrelevantinvestor.com.  "What you should focus on: Living a happy, productive life"