Featured entries from our Journal

Details Are Part of Our Difference

Embracing the Evidence at Anheuser-Busch – Mid 1980s

529 Best Practices

David Booth on How to Choose an Advisor

The One Minute Audio Clip You Need to Hear

World Markets and US

The year 2006 was a good one for equity investors around the world as stock prices rose in 46 of the 50 countries whose equity market returns are reported by MSCI. Among these, only Israel, Jordan, Thailand, and Turkey saw their local stock market indexes slump for the year. Total return for US stocks was 15.32% according to MSCI, placing it next-to-last among 23 developed markets (in dollar terms) and 42nd out of 50 countries in all. There were 36 markets with a total return greater than 20% (in dollar terms), and 19 had a total return greater than 40%. Nine of the top ten were emerging markets.

Yale’s Money Guru Shares Wisdom

Yale University recently announced a 23 percent return on its investments, swelling its endowment to a whopping $18 billion. The man behind that investment success is David Swensen. He’s made an average 16 percent annual return over 21 years — better than any portfolio manager at any other university.

Mr. Swensen has become passionate about trying to teach individual investors how best to save for retirement. When Mr. Swensen set out to write a book (Unconventional Success) explaining how the average investor could replicate his success at Yale, the research showed him that the odds of beating the market in an actively managed fund are less than one in 100.

We invite you to listen to or read this recent interview to learn more about Mr. Swensen’s experience and his advice. Many of the lessons should sound familiar. Click here for the article and audio.

Featured entries from our Journal

Details Are Part of Our Difference

Embracing the Evidence at Anheuser-Busch – Mid 1980s

529 Best Practices

David Booth on How to Choose an Advisor

The One Minute Audio Clip You Need to Hear

Hill Investment Group