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Most
investors hire professional investment advisors for
the wrong reasons. They believe they are paying for
special talent at picking stocks, choosing winning
mutual fund managers, or timing moves in and out of
the markets. Almost always, these investors are disappointed
with the results. Appearances without substance forecasting
"talent", management activity, extensive and expensive
research, assets under management, etc.can be
very costly to investors over time.
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We
employ an "indexed", or "asset class", investment strategy
to diversify among U.S. and foreign stocksand bonds
according to the unique risk/return objectives of each
client.
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by Larry Swedroe
This
wonderfully iconoclastic book drums home the message
that beating the stock market is a loser's game. more
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