We just finished with tax season, and I want to take a moment to discuss how your investment philosophies and strategies impact the tax cost that [you just paid and] you’re going to pay. Let’s do a review of costs. Remember, with investing, there are always costs involved, but you have a role in controlling these [...]
Archive for the ‘Costs of Investing’ Category
Tax Strategies to Save Money
Tuesday, April 19th, 2011Double Your Money
Tuesday, February 22nd, 2011Katie and I were speaking last night with some clients about what a journey the last 2 years have been. An article in last week’s Wall Street Journal spoke about how the S&P 500 has doubled in value since the March 9th, 2009 bottom. Specifically, it took only 707 days to rebound from its March 9th bottom to [...]
Performance Unpredictable, Costs Known
Monday, April 5th, 2010So, on the 30th there is an article in the Orlando Sentinel by Umberto Cruz. He brought up two excellent points that I wanted to share with you today. First one was he was talking about active money management versus passive investment philosophies that we have talked about many times before. But what he stated [...]
Hidden Costs of Funds
Monday, March 22nd, 2010Hats off to The Wall Street Journal for publishing this excellent article titled “The Hidden Costs in Mutual Funds.” When we talked about costs the first thing you have to understand is that there are three layers and there is always a cost to investing. The first layer is the explicit costs. This is your [...]
Active Management Zero Sum Game
Wednesday, March 3rd, 2010So Katie and I just got back from a lunch where we had the privilege of hearing Roger Ibsen speak. He is a Professor of Finance at the Yale School of Management, he has his PhD from the University of Chicago, MBA from Indiana University, as well as his BS from Perdue University. He is [...]
True Costs of Investing
Friday, December 4th, 2009So I want to talk to you today about something that many in the industry tend to stay away from and that is fees or costs when it comes to investing. To build some context here and help our narrative, you need to think of it in three different layers. The first layer, is what [...]
Fund Managers Avoiding Their Own Funds
Tuesday, November 3rd, 2009I want to know if you find this as disturbing as I do, so once you’re done watching the video, go below and leave us a comment. Headline, Investment News, “Skin Deep: Most Portfolio Managers Avoiding Their Own Funds” So, let me ask you a question, if you were a mutual fund manager would you [...]
Common Investor Behavior = Poor Performance
Monday, October 12th, 2009Hey, Gang, it’s David Witter checking in. One time I was asked, they said, “David, why are you always smiling when you start your videos?” The real reason, is I’m just excited to talk to you guys and I always feel like we have some important stuff to get out to you. Really excited today, [...]
Lower Investment Costs = Survival, Freedom, Living
Thursday, September 17th, 2009Hey, Gang, it’s David Witter, checking in. We had a great week of quarterly educations. We actually had five sessions in total. Great to see you guys that made it to that. Those of you who didn’t, we’ll hope to see you next time. But I wanted to share with you today something that just [...]
Hidden Costs of Investing
Tuesday, May 19th, 2009“Hey Gang it’s David Witter checking in. Got Leah behind the camera, it is raining outside, but hey the sun is shining is here because we are having a good time. So your probably wondering from the title we have trading costs Tahoe’s, what is Dave up to today? The bid ask spread, when it [...]