Larry Swedroe

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4 Comments

    • Mon Oct 27th 22:37 PM | Rating: +1 0
      Commented on:
      My Take on This Very Risky Market
      EX15:26
      Re the life insurance. I never said ALL life insurance. I specifically referred to a company that is not the highest rated. I own a policy with Mass Mutual, a very strong company. Different situation

      Also wasnt claiming to share "anything" new. Just trying to explain what is happening in clear English so ordinary people could understand it, and talk about what IMO is the prudent response.
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    • Thu Jan 3rd 20:02 PM | Rating: 0 0
      Commented on:
      Market Lessons From 2007
      mfi.morningstar.com/fs...
      View article »
    • Fri Dec 21st 19:55 PM | Rating: 0 0
      Commented on:
      ETF Investing Guide: Financial Advisors
      I did not miss anything

      First I refuse to work with an attorney or accountant based on hourly rates. that makes the basic error of confusing efforts with results. I pay for value added not work effort.

      Why would I care how long it takes someone to give me an answer.

      The same is true of investment advice. The fee IMO should be related to the value of the service. If someone saves you 25bp per annum and you have $10mm in assets did not that add more value than if you had $1,000 in assets?

      There are other reasons why IMO an hourly relationship is not in the best interests even of the client. I know many people would not pick up the phone to get advice on issues they are concerned about because the meter is ticking. And I believe that there is also great value in developing trusted relationships based on getting to know the person---that doesnt happen when you have hourly relations because the client is watching the meter.

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    • Fri Dec 21st 17:34 PM | Rating: 0 0
      Commented on:
      Foreign Currency Trading: Can Investors Profit From Trends?
      Ikkyu
      You invest because there is an expected risk premium for one thing. Another is because how an asset when added to a portfolio improves the overall efficiency of a portfolio.

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