Jan 02 2009
Preparing for 2009
Again, Happy New Year to all readers. It is time to get back to work and begin planning for what I expect will be a better financial year than we experienced in 2008. Could it get any worse? Possibly, but I sure hope not. One good thing did happen in 2008 and it was political in nature. Enough said.
This morning I had a fruitful conversation with Mark Hebner, CEO of Index Funds Advisors (IFA). Let me state again, this web site is the best in the business. If any reader finds a better one, be sure and let me know the URL. I sure would like to see it. I certainly would acquaint myself with the IFA web site and here are a few specific references. If you are in the portfolio construction or rebalancing stage with your investments, take time to complete the 25 question Risk Capacity Survey.
As readers of this blog will recall, I am an advocate of ETFs, whether they be iShares or Vanguard. While I know less about Dimensional Fund Advisors (DFA), the IFA web site does show some interesting comparisons all investors should seriously observe. Here is what I am talking about.
Go to this URL and then link to iShares or Vanguard to see comparison results between DFA index funds and similar ETFs. Spend time looking around the various links for more investment information. There is a wealth of information available at http://www.ifa.com.
Lowell Herr
Photograph: Docking at Bratislava, Slovakia