The Core – Satellite investment approach is a strategy that dictates a significant allocation in a portfolio to “Core” type investments or funds, and reserves a smaller allocation for investments and strategies considered to be satellites to the core portfolio holdings. Typical core investments might be a portfolio of blue-chip stocks or funds, investment-grade bonds … Continue reading
Fifteen years ago when, when someone asked me if they should invest in a bond fund or create a bond ladder, I always told them that a ladder was preferable, assuming you had enough money to build one properly. After seeing what happens to ladders in real life over time, my thinking has evolved. In many … Continue reading