The new Sec. 199A "pass-thru" deduction mostly matters to sole proprietors, partnerships, S corporations and real estate investors. In a nutshell, … [Read more...] about Sec. 199A Changes Investment Portfolio Construction
investment
Pascal’s Wager and Your Investment Portfolio
Blaise Pascal achieved fame and notoriety for several achievements. The 17th century French mathematician did ground-breaking work in geometry and … [Read more...] about Pascal’s Wager and Your Investment Portfolio
Siamond Withdrawal Rate Not a Pretty Picture
A couple of weeks ago, a respected and rather mathematical member of the popular Bogleheads online investing forum, Siamond, posted a thoughtful … [Read more...] about Siamond Withdrawal Rate Not a Pretty Picture
100% Stocks Allocation Suffers Two Big Flaws
A couple of times recently, I’ve encountered folks proudly using a 100% stocks allocation for their retirement savings. This approach, they say, … [Read more...] about 100% Stocks Allocation Suffers Two Big Flaws
Lessons from Rate of Return on Everything Paper
A few weeks ago, the Federal Reserve published a working paper: The Rate of Return on Everything, 1870-2015. The paper describes 150 years of … [Read more...] about Lessons from Rate of Return on Everything Paper
Stock Market Monte Carlo Simulation Spreadsheet
Microsoft Excel makes it pretty easy for you to build a stock market Monte Carlo simulation spreadsheet. No, sorry, this spreadsheet won’t let you … [Read more...] about Stock Market Monte Carlo Simulation Spreadsheet
Myth of the Long Run Stock Market Return Chart
Last week, I blogged about the unreliability of long run stock market returns. And to provide an angle, I talked about and around the long run stock … [Read more...] about Myth of the Long Run Stock Market Return Chart
Bogleheads Investment Philosophy Flaws: Problems with a Popular Approach
This week's blog post discusses five flaws I see in the Bogleheads investment philosophy. Two are pretty significant, I think. The other three … [Read more...] about Bogleheads Investment Philosophy Flaws: Problems with a Popular Approach
Portfolio Leverage Modeling with cFIREsim and FIRECalc
I’m slightly hesitant to talk about modeling portfolio leverage. The topic, in terms of personal safety, sort of resembles a discussion about how to … [Read more...] about Portfolio Leverage Modeling with cFIREsim and FIRECalc
Spotting Investment Scams
This week, I want to talk about spotting investment scams. Okay, sure, a funny topic for a CPA to broach. But every year, our CPA firm sees a … [Read more...] about Spotting Investment Scams