Archive for March 2024

Asset allocation ETFs revolutionized investing for do-it-yourself investors when they were first introduced by Vanguard in 2018. Prior to the existence of these multi-asset ETFs, passive investors might have opted to follow one of the Canadian Couch Potato’s model portfolios to build their own multi-ETF portfolio (remember the 10-ETF Über-Tuber portfolio?).  That’s why I say…

Author Fred Schwed gave us his cynical take-down of Wall Street back in 1940 with the hilariously written, Where Are the Customers’ Yachts?. The book amazingly still holds up today in a world where investment advisors get rich while their customers, well, not so much. “The title refers to a story about a visitor to…