Prudent Perspective – Q4 2018

“It is not the answer that enlightens, but the question.” – Eugene Ionesco 2018 was a particularly challenging year for financial markets with virtually nowhere

Prudent Perspective – Q3 2018

“Good medicine tastes bitter. – Old Japanese Proverb Overview In the decade following the financial crisis, the US economy was fed on cheap lending and

Prudent Perspective – Q2 2018

“Don’t underestimate the value of doing nothing, of just going along, listening to all the things you can’t hear, and not bothering.” – Winnie the

Prudent Perspective – Q1 2018

Two streaks broken in two weeks. UMBC’s win over Virginia broke a 135-game win streak of #1 over #16 seeds and the Dow and S&P

Prudent Perspective – Q4 2017

“Every moment of light and dark is a miracle” – Walt Whitman. 2017 marked the first solar eclipse in the United States since 1979, perhaps

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Portfolio Diversification: Correlation Risk Management

Should you care about “correlation”? Absolutely! Understanding correlation will help you master portfolio diversification.

Let’s begin with diversification. You’ve probably heard that diversification reduces investment risk, but how?