Articles (180)

How to avoid the unintended costs of focusing on momentum as a factor of expected ...Read More

There is pervasive historical evidence of value stocks outperforming growth stocks. Data covering nearly a century in the US, and nearly five decades of market data outside the US, support the notion that value stocks—those with lower relative prices—have higher ...Read More

Medicare Part B and Part D surcharges are tied to income. Here are some tips to help avoid triggering higher ...Read More

When you develop a deeper understanding of public markets, you can cultivate a sense of optimism about ...Read More

The indexing pioneer quantifies how much another set of trained eyes can mean in net ...Read More

Investors may wonder whether stock returns will suffer if inflation keeps rising. Here’s some good news: Inflation isn’t necessarily bad news for stocks.A look at equity performance in the past three decades does not show any reliable connection between periods of ...Read More

As the old saying goes, there are three kinds of lies: lies, damned lies and ...Read More

This ongoing research series digs into the long-term track records of active managers at leading fund companies. ...Read More

Higher expected returns can be quantified by measuring a portfolio's exposure to ...Read More

Discounts and tailored loans are some of the services that our planning network can access through other large financial ...Read More

Opportunities exist all around the globe, but the randomness of returns makes it difficult to figure out which markets are likely to ...Read More

The debate between active and passive managers has a long history. Here is a recap of one of our ...Read More

The Vanguard founder was a maverick whose work influenced fund investors around the world, including IFA's Mark ...Read More

In today's sophisticated marketplace, IFA examines what constitutes an index fund and what ...Read More

His contributions to academics resulted in the bestowing of a prestigous award to Dimensional's cofounder. ...Read More

Here's a look at the development of the profitability factor as a research tool in determining expected ...Read More

How quickly things change. Two years ago, the New York Times reported, “Federal Reserve officials are increasingly worried that inflation is too low and could leave the central bank with less room to maneuver in an economic downturn.”1 More recently, a Wall Street ...Read More

Here's a look at the seminal research piece that in 1981 formally identified the size premium for ...Read More

A growing economy kept boosting IFA Index Portfolio returns in the second quarter. In particular, global real estate posted strong ...Read More

The science behind how we separate the wheat from the chaff, so to speak, in making our fund recommendations to ...Read More

Inflation can eat away at a portfolio's gains over time. So what's the best way to fight ...Read More

AMC and GameStop are priced squarely in the large cap growth space, and yet represented nearly 1.5% of the Russell 2000 Value Index as of May 31. On the scale of size discrepancies, this is akin to 7-foot-6-inch former NBA star Yao Ming visiting a kindergarten class. However, ...Read More

In calculating the t-stat, the first step is to determine the excess returns a manager earned above an appropriate ...Read More

Here are 10 key tips for investors to help improve their odds of achieving long-term financial ...Read More

One of the things that makes the COVID-19 pandemic so challenging is false negatives. Early in the pandemic, it was clear that the consequences of infection are more severe for older people, a group my wife and I were surprised to discover includes us. We also learned that most ...Read More

Tax reform is seen by industry analysts as fueling adoption of these types of tradtional retirement ...Read More

With the economy starting to recover from the COVID-19 pandemic and investor concerns turning increasingly toward inflation, Dimensional Founder David Booth talked with Nobel laureate Eugene Fama about inflation and how investors should think about it in their portfolios. ...Read More

The latest report digs deeper than its sister SPIVA Scorecard to focus on how consistently active managers perform over ...Read More

The switch to ETFs in some tax-managed mutual funds is being structured by DFA as a tax-free ...Read More

The principle that lower relative prices lead to higher expected returns hasn't changed over ...Read More

Maybe we're just a bunch of geeks. But each year, we look forward to this latest collection of market ...Read More

IFA's research series studies the small-cap stock specialist's actively managed family of mutual ...Read More

Spikes in market volatility don't signal it's time to trade stocks. The math just doesn't add ...Read More

Reports cite complaints that bank's wealth management unit is pushing riskier investments and cross-selling banking ...Read More

Advisors offering fiduciary services to 401(k) and 403(b) plans aren't all the same. In fact, they come in two distinct ...Read More

The size and value premiums kept gaining steam in the first quarter of a new ...Read More

The financial industry has made great strides toward offering better investment choices, but too many people keep falling into the same traps.  Read David Booth’s five timeless lessons for every investor ...Read More

The latest update of this research series analyzes fund performances by investment behavior versus actual ...Read More

IFA's ongoing research series examines the former Waddell & Reed unit's actively managed mutual ...Read More

Financial literacy program focuses on helping investors learn in an objective, pitch-free ...Read More

Don't take lightly April's focus on investment education. At IFA, Mark Hebner says he sure ...Read More

The latest research in S&P's long-time study takes a fresh look at how active managers stack ...Read More

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional ...Read More

Concentrated stock positions raise a different set of portfolio issues. Here's how we approach such ...Read More

Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. Given bitcoin’s dramatic price changes, it is not surprising that many are speculating about its possible role in a ...Read More

This type of irrevocable trust can help couples protect their assets. It can also create undo legal hassles, ...Read More

Here's a comprehensive listing for a new year with commentary on key changes and ...Read More

The media has been sharpening its focus on cycles lately, but not in anticipation of the Tour de France. Rather, the financial media’s spotlight is on business cycles. A common refrain from the industry is that the performance of certain groups of stocks is tied to the ...Read More

A handful of large technology stocks have garnered attention for outsize returns in recent years. Collectively referred to by the FANMAG acronym, Facebook, Amazon, Netflix, Microsoft, Apple, and Google all substantially outperformed the US ...Read More

After peaking, GameStop’s subsequent fall in price put it in the low profitability growth space of the small cap market, which we exclude across our equity portfolios due to low expected returns. Our daily process allowed us to again respond quickly. By February 3, we had ...Read More

Here's how much havoc owning a lot of shares of the same company can create in an otherwise diversified ...Read More

A recent flurry of return spikes for a handful of US stocks has captivated investors and noninvestors alike. Wall Street news trending on social media even amid an NFL playoff season is indeed an unusual event.So, what should investors make of these dramatic price movements? A ...Read More

IFA's ongoing research series examines the banker's actively managed mutual ...Read More

Investment returns have two parts: the expected return and the unexpected return. The expected return is the best guess of what will happen based on all the information currently available. The unexpected return is the surprise, the difference between what does happen and what ...Read More

Addiction experts are warning that excessive stock trading represents a growing gambling ...Read More

Patient investors who kept their tilts to small-cap and value stocks were rewarded in the year's final ...Read More

The year 2020 proved to be one of the most tumultuous in modern history, marked by a number of developments that were historically unprecedented. But the year also demonstrated the resilience of people, institutions, and financial markets. The novel coronavirus was already in ...Read More

The value of our advice is only as good as the data provided. Here's a tip sheet for a more efficient ...Read More

A DAF can be a tax-efficient and less-complex tool to accomplish your philanthropic goals. Here's what to ...Read More

In this study, we compare DFA's funds to those from the investment shop that John Bogle ...Read More