What is a Fiduciary?
FIDUCIARY DEFINITION: A person legally appointed or authorized to manage assets for another person. The fi du ci ary manages the assets for the benefit of the other person, rather than for his or her own profit. A fidu-ciary stands in a special relation of trust, confidence, or responsibility in his obligations to […]
What are S&P Bond Ratings?
Standard and Poor’s (S&P) rates the creditworthiness of thousands of corporate and governmental bond issuers as does Moody’s and Fitch. Credit ratings, ratings outlooks and ratings changes are a huge influence on bond prices. It is important to recognize that credit ratings represent only the opinion of the issuing rating agency and that those opinions can sometimes prove to be wrong……
Investment Performance Composite Report 2013
Have a look at Successful Portfolios investment performances from February 2010 inception through the year-end of 2013. All of our client’s accounts are included. Download the Successful Portfolios Client Account Composites Report dated December 31, 2013. Download the Successful Portfolios Hedge Funds Factsheet dated December 31, 2013.
Advisor Credentials and the CFA Exam Pass Rate
Did you know the Chartered Financial Analyst (CFA) designation is widely regarded as the global “gold standard” of investment advisor credentials? The CFA program ”is truly a meritocracy and if you can’t demonstrate you are capable, it doesn’t matter who you are, whose son or daughter.” That’s something you should think about if you are searching for an investment advisor.
Interactive Brokers (IB) Investor Presentation
Interactive Brokers (IB) latest Investor Presentation is worthwhile reading for investors, clients and prospective clients. It clearly and concisely conveys IB’s compelling value proposition. Successful Portfolios uses and recommends IB for client asset custody and brokerage services. See presentation slide excerpt below. Award Winning Industry Leadership Book Appointment
Memorable Investment Adages, Axioms, Maxims, and Quotations
Buy the rumor; Sell the news… Be fearful when others are greedy and greedy when others are fearful…The trend is your friend…Buy Low; Sell High…Never confuse genius with a bull market.
What is the “Fear Index” and why should I care?
The VIX Index is a measure of market expectations for near-term stock price volatility derived from current market quotes on S&P 500 index options. The VIX is also known as the “Fear Index”. Watching the VIX allows professional portfolio managers to monitor the cost of principal-protecting a stock portfolio. As you can see in the chart […]
Asset Allocation Should be as Simple as Possible but No Simpler
A very simple, yet highly useful asset classification system consists of just two asset classes: (1) equity-growth-stocks and (2) debt-income-bonds.
The Low Risk Anomaly
Modern Portfolio Theory (MPT) is a statistical formulation of the risk reduction benefits of diversification. Under Modern Portfolio Theory, risk is measured quantitatively as volatility or beta. Volatility is the variance or standard deviation of an asset’s returns. Beta is the sensitivity of an asset’s returns to the return of the overall market. High-beta and […]
Why we love ETFs (Exchange Traded Funds)
At Successful Portfolios we consider ETFs (Exchange Traded Funds) to be one the most useful, investor friendly, financial innovations of the past twenty years. For a quick primer on ETF investing…
