Sequence of Returns Risks June 20, 2025 / September 24, 2025 Sequence of Returns Risk comes into play as you transition from your accumulation years, to your preservation and distribution years. It simply refers to the order in which good and bad market returns occur. Think about it – if you take yearly withdrawals from a portfolio that is appreciating each year at a rate higher […] Read more
Managing Volatility January 30, 2025 / September 24, 2025 In order to understand how to manage volatility, I first need to explain what a majority of the financial industry preaches about it. First, it’s based on something called Modern Portfolio Theory, which is based on some very good research. The problem is that the findings of that research are grossly misinterpreted and misapplied throughout […] Read more
The Flaw of Averages November 23, 2024 / September 24, 2025 The Flaw of Averages is probably the most misunderstood concept in all of investing AND the most important concept to understand if you want to build a solid retirement plan. The Flaw of Averages has everything to do with volatility. The concept of volatility is largely overlooked in investment planning because we’ve all been trained […] Read more
