Author: John Reagan
Matt Hall was quoted in a January 5th article by business reporter Jim Gallagher of the St. Louis Post-Dispatch. Jim discusses floating rate funds and how they perform in different market environments. As Matt notes in the article, floating rate funds aren’t a wise investment because they “fare much worse than investment-grade bond funds in bad times, but they don’t have the upside gains of the stock market in good times.”
We read in a recent InvestmentNews article that Dimensional Fund Advisors (DFA) is now the 8th largest mutual fund company. As they continue to grow, we’re encouraged to see that more investors are finally catching on to the idea that markets work and investing can be simple rather than complex.
Unlike most mutual fund companies, DFA has not used expensive public advertising campaigns to reach new investors. Their shareholders benefit from low-cost access to the markets that is limited through advisors only—sheltering DFA funds from the effect of rapid inflows and outflows that typical retail funds experience.
Hill Investment Group recently invited Dan Solin to speak at an event for nearly 80 clients, friends, and supporters of our firm. Dan is the New York Times best-selling author of the Smartest series of books, and the Director of Advocacy for the BAM ALLIANCE. Dan works tirelessly to help investors put the odds of financial success in their favor. Check out this video that gives a snapshot of our event with Dan. If you attended the event, you may even see yourself!