Millennial Wealth

Millennial Wealth vs. The Baby Boomers

At age 35, which generation is better off?   Are millennials worse off than their baby boomer parents were at their age? Both generations have had economic adversity, but what does that data say? Which generation is better off at […]

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Mortgage NEGATIVE BOND

A Mortgage is a Negative Bond

Debt is Like a “Negative Bond” A mortgage is like a negative bond, and leverage increases risk. Jonathan Clements describes debt as a “negative bond.” He suggests if you have $100,000 in bonds and $100,000 in debt, your net bond […]

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Bond Tents for Retirement Asset Allocation

Do Bond Tents Beat a 60/40 Portfolio in Retirement?

Bond Tents for Retirement Asset Allocation Bond tents and Rising Equity Glidepaths are styles of glidepaths. Glidepaths describe the modulation of asset allocation before and after retirement. For example, traditional target-date funds decrease the stock percentage to or through retirement […]

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Managed Futures

Managed Futures

Managed Futures or Trend Following   Managed futures suffer from a branding problem. Just like high yield is better than junk, and private credit is better than hard money, a rebranding will revive managed futures in the next decade. However, […]

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Bullet Bond ETFs

Bullet Bond ETFs

Bullet Bond ETFs   Your asset allocation has risk on one side and safer assets on the other. For instance, a 60/40 portfolio has 60% Stocks and 40% Fixed Income. Different ways of structuring your safer part of the portfolio […]

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