Most successful investors credit discipline with helping them to profit where others don’t. Certainly, in my experience, discipline has been a critical component of successful investment results. The recent market declines and volatility can be disconcerting and can encourage a lack of discipline. The following charts offer a useful perspective on volatility when viewed through […]
As the end of the 2013 tax year approaches, set aside some time to evaluate your situation. Here are some things to keep in mind as you consider potential year-end tax moves. The tax landscape has changed for higher-income individuals This year a new 39.6% federal income tax rate applies if your taxable income exceeds […]
Is it really surprising that so few investors reach their goals? Given the number of conflicting sources of investment advice, it’s no wonder that so few investors are able to earn the returns required to reach their investment goals (source: DALBAR 2012). Investors are constantly bombarded with varying opinions about stock prices, the economy, the political […]
We recently completed an experiment to make a point about market efficiency and the wisdom of crowds. The point of the experiment is that together, we know more than we do alone. The collective intellectual horsepower of the markets participants is tough to beat. Witness the failure of most investors to outperform simple benchmarks through […]
We are giving away an iPad Mini! Why? Of course, we are doing it to prove a point about market prices and investing. What’s the hook? There is no hook. Participating is as easy as looking at a photo of a jar of M&Ms and correctly guessing the number of M&Ms in the jar. We […]
What a wonderful surprise! It came on October 13, while I was eating lunch in Frankfurt, Germany, with Christoph Kanzler, head of Germany for Dimensional Fund Advisors. The timing was perfect. We learned that one of our heroes, Eugene Fama of the University of Chicago, had just won the Nobel Prize in economics for his […]
We are pleased to report that Professor Eugene Fama of The University of Chicago Booth School of Business has been awarded the Nobel Prize in Economics. Professor Fama is widely recognized as the “Father of Modern Finance” because of his groundbreaking work on asset pricing and markets. His contributions have guided our investment philosophy from […]
Charles P. Boinske, CFA, is a 25 year investment management veteran overseeing the strategic direction and portfolio management process for Independence Advisors, LLC.
Mark A. Rioboli, CFP®, CFS is Director of Wealth Management for Independence Advisors, LLC, bringing over 25 years of experience in the wealth management industry.
Charles R. Korger, CFP®, Vice President, Wealth Manager comes to Independence Advisors, LLC with a diverse financial background, having begun his career in Wealth Management over 22 years ago.