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Investing

Investing for Retirement: Asset Classes That Individual Investors Should Avoid

For individual investors, non-core asset classes fail at least one of David Swenson’s rules. There are a number of fixed income investments that serve no valuable portfolio role for almost any investor. And, there are a number of actively managed asset classes that are only suitable for extremely sophisticated institutional investors, capable of investing in illiquid markets and possessing very long time horizons. Continue reading Investing for Retirement: Asset Classes That Individual Investors Should Avoid

Mike Connelly
Investing

Investing for Retirement: Core Asset Classes

In order to build a diversified portfolio, you must first select asset classes that have minimal correlation with one another. David Swenson, the Chief Investment Officer at Yale University, presents one of the best overviews of core and non-core asset classes for individual investors in Unconventional Success: a Fundamental Approach to Personal Investment. Here, we will focus on core asset classes. Continue reading Investing for Retirement: Core Asset Classes

Mike Connelly