The Prudent Investor Blog

Waypoint's 2017 Spring Prudent Investor Quarterly Blog

Posted by David Plaisance on Thu, Apr 13, 2017 @ 09:56 AM

If Q1 2017 had a theme song, it might be, “There’s a Kind of Hush All Over the World.”

 There was the usual stream of global news. To name a few highlights: Read More

Tags: summerville investment advisor, asheville investment advisor, prudent investors, investing, asheville, prudent portfolio, evidence-based investing, passive investing, passive investor

What If Everyone Were A Passive Investor? (Is the Sky Really Falling?)

Posted by David Plaisance on Tue, Nov 01, 2016 @ 03:07 PM

For as long as we’ve been in business, we have encouraged investors to adopt a patient, long-term approach to capturing the market’s expected returns. In industry parlance, some have categorized our approach as "passive," versus active attempts to beat the market. We prefer to think of ourselves as evidence-based.

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Tags: summerville investment advisor, asheville investment advisor, prudent investors, investing, asheville, prudent portfolio, evidence-based investing, passive investing, passive investor

Prudent Portfolio Analysis Invite

Posted by David Plaisance on Thu, Oct 20, 2016 @ 02:20 PM

You’d be surprised how often we speak with families who don’t know exactly what they’re invested in, how well or poorly those investments have been doing, and where their various assets are located. If you are in similar circumstances, don’t feel too bad, because it’s quite common. But do know that it doesn’t have to be this way

To add uncommon insights into your wealth and your life, Waypoint offers complimentary, no-obligation portfolio analyses

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Tags: summerville investment advisor, asheville investment advisor, prudent investors, investing, asheville, prudent portfolio, evidence-based investing

Presidents, Politics and Your Prudent Portfolio: Thinking Beyond Stage One

Posted by David Plaisance on Mon, Sep 19, 2016 @ 12:40 PM

It’s no surprise that this year’s U.S. presidential race has become a subject of conversation around the globe. In "Why Our Social Feeds are Full of Politics," Canadian digital marketing executive Tara Hunt observes, "American politics, it seems, makes for high-intensity emotions far and wide." The intensity will probably only increase as the November 8 election date nears.

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Tags: summerville investment advisor, asheville investment advisor, prudent investors, investing, asheville, prudent portfolio, evidence-based investing

SPIVA® U.S. Year-End 2015 and Your Portfolio

Posted by David Plaisance on Thu, Aug 18, 2016 @ 11:02 AM

 

SPIVA, is Standard and Poor 's bi-annual “Scorecard” comparing the performance of active-managers and their benchmarks.  This is the 14th year and the SPIVA Scorecard has served as the de facto scorekeeper of the active versus passive depate.  Once again the evidence is overwelmingly in favor of passive.  As of 12/31/2015, the S&P Composite 1500 returned 1.01% while the S&P 500 returned 1.38%.   During the same period 66.11% of active large cap managers under performed the S&P 500, 56.81% of mid-cap managers underperformed the S&P MidCap 400 and 72.2% small-cap managers underperformed the S&P SmallCap 600 respectivelly. 

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Tags: prudent investor, summerville investment advisor, asheville investment advisor, investing, prudent portfolio, evidence-based investing

3 Prudent Investor Nuggets from a Summerville Investment Advisor

Posted by Benjamin Coakley on Fri, Sep 14, 2012 @ 11:16 AM

The team at Waypoint believes that people have a natural affinity for the number three.  Most of the financial planning we do is in three year increments because that appears to be the time period that is most clearly visible to our clients.  You will see that most of our blog posts (including this one) have three tips or ideas (or perspectives) because this number is easier to process.  This has been our experience in working with our clients over that past 33 plus years.  We also ask many of our clients to identify the three most important things they could teach their children or grandchildren.

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Tags: summerville investment advisor, investing

3 Qualities to Look for in a Summerville Investment Advisor

Posted by Benjamin Coakley on Mon, Sep 10, 2012 @ 08:48 AM

We have been blessed to be part of a great community for the past 30 plus years.  That community is Summerville, South Carolina.  We have seen this community transform from a small bed and breakfast town to a thriving city where people want to live.   To illustrate this, our team was eating dinner last week at a small restaurant in town and, I asked three people where they lived before Summerville.  The first said Chicago, the second said Pittsburgh, and the third said Seattle.  Boeing relocating a second 787 dreamliner assembly line to the Charleston area has only accelerated this.

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Tags: summerville investment advisor, investing, summerville

5 Key Principles for the Prudent Investor

Posted by Benjamin Coakley on Thu, Aug 30, 2012 @ 12:51 PM

A measure contained in section 404(a)(1)(B) of the Employee Retirement Income Security Act (ERISA) that requires the fiduciary of a defined contribution retirement plan to use "care, skill, prudence and diligence", and to act in the same way that someone "familiar with such matters" would act. The "familiar with such matters" language has been interpreted to mean "expert". This language creates an important distinction from the earlier prudent person guideline, in that it holds fiduciaries to a stricter standard.

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Tags: prudent investor, investing

The Prudent Investor - 2 Economic Realities for Investing

Posted by Benjamin Coakley on Mon, Aug 20, 2012 @ 08:32 AM

Our common sense tells us that we have to base our investment program on reality to be successful.  In philosophy, our worldview contains our most basic assumptions about the world and the things we accept as true about the world.  The practical decisions we make everyday flow from our worldview.  The starting place for a prudent investor to judge investments, financial advice and financial advisors is economic reality. 

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Tags: prudent investor, uncertainty, investing