One of our clients recently asked us if he was invested in the best exchange-traded funds. He readily accepts our investment management philosophy. He understands the importance of asset allocation, diversification, asset location (for tax efficiency), cost containment and rebalancing. But he knows we use a variety of funds to build client portfolios and he […]
Professional money managers use various tools to measure the value of an investment. One common measure is the Price/Earnings ratio. To get a P/E ratio, take the price of a stock and divide it by its earnings. We will use Facebook. The closing price for FB (its ticker symbol) on Friday was $172.45 and its […]
We’re pleased a present a look back at 2016 here, courtesy of the professionals at Dimensional Fund Advisors.
Most investors are aware that US stocks have out-performed many other asset classes over the past several years, with emerging markets and some developed markets generating particularly disappointing results. The main reasons for this disparity are relatively well-known – the US economy has performed relatively well, while emerging markets have been impacted by a collapse […]
We’ve just added a number of new educational and informative videos to the Springwater library. You can view them on our website here.
Springwater’s May 2015 Newsletter Please click on the above title to read our latest newsletter.
Yet another study reveals the truth about active investment management – that beating the market is hard, and doing it consistently is nearly impossible. This particular study started in March 2009 – the beginning of the current bull market – and looked at 2,862 actively managed US equity mutual funds that were in operation for […]
At Springwater, we build portfolios based on the science of capital markets to deliver a better investment experience for our clients. We know that you don’t need to accurately predict the future to deliver successful long-term performance. With the market again near an all-time high, we thought it would be prudent to review some comments […]
Click here to read our market commentary for the fourth quarter of 2014.
In many retirement plans, a significant amount of a participant’s earnings are lost to fees. The New York Times recently featured an article on the challenges that one retired 401(k) plan participant is facing in his efforts to hold his employer accountable for the costs associated with the plan. Despite a federal requirement that plan […]