Recent Articles from Timothy Keating
Some misconceptions about gold
Compared to gold, stocks provide superior protection against inflation over time. In times of heightened uncertainty and/or volatility, should you rebalance your portfolio to include gold as a hedge? No. As a general matter of portfolio construction, should you invest directly in gold or other commodities? Also no. Find out more.
Investing a lump sum by nightfall
Although loss aversion is part of our psychological wiring as human beings, the frequency of evaluations is a choice that investors can control. When you have a lump sum to invest, act by nightfall and put it to work immediately. Then, once it’s invested, think in decades, not days.
Tips for controlling your financial portfolio in times of uncertainty
The illusion of control is the tendency for people to overestimate their ability to control events. To achieve superior lifetime investment performance, we need to focus on the three elements we do control: savings, asset allocation, and our own investing behavior.
What It Takes to Be an Equity Investor
Ironically, eleven years to the day that the stock market bottomed at the crescendo of the 2008-2009 financial crisis, we’re on the precipice of another bear market.
The Epiphany of Yield on Cost
Ultimately, the retirement income puzzle is one of trajectory, with wildly divergent—and consequential — outcomes.
There is No Alternative to Equities: A Look Back at the 2019 Markets
How to reconcile the stunning returns of stocks in 2019 with all the supposed bad news for the markets? Quite simply: TINA, or “There Is No Alternative”— to equities, that is.
For Retirement: Avoid the Target-Date Fund Trap
Target-date funds are superior to the previous status quo, however, once investors reach their target retirement year, their allocation to bonds is always too high.
What You Need to Know About Dividends
The power of dividend growth is perhaps the most easily understood yet most under-appreciated feature of equity investing. It has profound implications for people who are considering their asset allocation for retirement.
Time in the Market versus Timing the Market
The story of personal finance can be summarized in four words: Most wounds are self-inflicted. One of the worst sins is trying to time the market.
Remembering the Wisdom of ‘St.’ Jack Bogle
Vanguard founder Jack Bogle's timeless pillars of investment advice
The Primacy of Behavior in Real-World Investment Success
Whatever may be happening in the world, you should patiently hold the portfolio that offers you the best chance of reaching your financial goals.
Shallow Risk vs. Deep Risk
Your retirement portfolio will be best served if you take no action in response to current events of any kind.