Resources

One of the great virtues of working with the BAM Alliance getting our clients access to their fixed income desk, which searches for maximum tax equivalent yield for each client without the markups that brokerages charge. In-state or out-of-state municipal bonds? Fixed Income Advisor Steve Wiechel explains how the fixed income desk determines which is…

Bitcoin: Investment or Bubble? (copy)

Larry Swedroe explores whether bitcoin is a worthwhile investment or is still purely speculative. As the director of research at Buckingham Strategic Wealth and The BAM Alliance, it’s not surprising that I’ve been getting lots of calls lately about investing in bitcoin. Just seven years ago, bitcoins were trading at about 10 cents. Four years…

Does Past Performance Matter?

Larry Swedroe tackles the evidence showing that hiring recently outperforming managers and firing recently underperforming ones remains a losing strategy. Despite most investors’ belief that past performance matters, a large body of academic research has found little-to-no evidence that more managers than would be randomly expected persistently outperform the market on a risk-adjusted basis. While…

A Global View of Equity Valuations

Larry Swedroe takes a look at U.S. and international equity valuations, and what the differences between them mean for investors. With the Shiller CAPE 10 above 30 (to be precise, 30.7 as I write this), it’s likely you have seen an interview or read an article in which some “guru” claims the market is on…

Tips to Help Teach Your Children About Money

BAM ALLIANCE member Stuart Vick Smith offers five tips for helping to teach your kids about money. As parents, we continually struggle to pass knowledge on to our children. Unfortunately, sometimes financial knowledge is left off the list or lost in translation. To prevent that happening, consider the following five tips to help teach your…

Testing the Fama-French Five-Factor Model

Larry Swedroe on Eugene Fama and Kenneth French’s new test of their five-factor model. The history of asset pricing models is one of evolution. As anomalies are discovered, our knowledge advances and new models are developed. Building on the work of Harry Markowitz, the trio of John Lintner, William Sharpe and Jack Treynor are generally…

How to Avoid Letting Money Destroy Your Relationships

Put money into its rightful place. Tim Maurer on ways to avoid letting money destroy your relationships. Money destroys relationships because people can’t compete with money. Money, after all, doesn’t disappoint you, or express disappointment with you. It’s not that money is inherently bad or evil, but it’s not inherently good or righteous either. Money…

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