Blog Posts from Nathan Rowader

Income Report Card | March 2017

Author: Nathan Rowader
Date: March 8, 2017
Category: Asset Allocation, Financial Planning
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U.S. stocks led global markets in February with the S&P 500 Index increasing by 3.97% and the Russell 2000 Index gaining 1.93%. This disparity could mark the end to a period of very strong relative performance for small-cap stocks versus large-cap stocks, or it could just be a lull in an otherwise strong trend.

Income Report Card | February 2017

Author: Nathan Rowader
Date: February 16, 2017
Category: Asset Allocation, Financial Planning
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Emerging market (EM) stocks increased by 5.48% during the month of January, as measured by the MSCI Emerging Markets Index. This gain is a continuation of the strong performance in 2016 and helps bolster the case that the emerging markets may be heading toward a better return cycle relative other markets.

Income Report Card | January 2017

Author: Nathan Rowader
Date: February 10, 2017
Category: Asset Allocation, Financial Planning
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Assuming you believe the case for economic growth highlighted above then which markets should benefit? As of right now, the least expensive markets are in the emerging markets including Russia, China, South Korea and India. Additionally, many of these same countries have the wind at their back with strong momentum. Meanwhile, some of the most expensive markets are developed countries such as the United Kingdom, France, Canada, Italy and Spain. Which are also exhibiting very weak momentum. A combination of poor valuation and a lack of investor enthusiasm usually spells trouble.

Income Investing in an Uncertain World | Part 2

Author: Nathan Rowader
Date: January 20, 2017
Category: Alternatives, Financial Planning
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In the first part of this series, we outlined the risks associated with achieving long-term investment objectives in a low interest rate world. The solution we outlined increased exposure to higher income assets such as high yield or emerging market corporate bonds. As we indicated however, increasing the exposure to these asset types indeed increases the risk of the overall portfolio in terms of volatility and maximum drawdown. This presents a conundrum: Should an investor merely accept more risk or is there a better way to manage the increased level of risk and still increase the overall income from the portfolio?

Income Investing in an Uncertain World | Part 1

Author: Nathan Rowader
Date: October 11, 2016
Category: Alternatives, Financial Planning
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As the recession of 2008/2009 wound down, many investors began to survey the wreckage of the financial markets and shift their attention from asset preservation to capital appreciation. Traditional fixed rate bonds, particularly sovereign bonds such as U.S. Treasurys, appeared to be grossly overvalued thanks to aggressive monetary stimulus from nearly every central bank.

Managing Risk With Moving Averages | Part 3

Author: Nathan Rowader
Date: March 24, 2015
Category: Financial Planning
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In part 1 of this blog series, we looked at using simple moving averages as a guide to determining an allocation to stocks or bonds. The results of our simulation showed that investors can improve their risk-adjusted returns by incorporating a more active approach into an otherwise static investment process.

Managing Risk With Moving Averages | Part 2

Author: Nathan Rowader
Date: March 20, 2015
Category: Financial Planning
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In part 1 of this blog series, we looked at using simple moving averages as a guide to determining an allocation to stock or bonds. The results of our simulation showed that investors can improve their risk-adjusted returns by incorporating a more active approach into an otherwise static investment process.

Managing Risk With Moving Averages | Part 1

Author: Nathan Rowader
Date: March 18, 2015
Category: Financial Planning
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Over the past few months the S&P 500 Index has been zigzagging its way across different moving averages, leading various market pundits to predict a variety of outcomes at each approach. These pundits use terms like “golden cross,” “death cross” or “bullish flag.”


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