Investments

I am saving for a trip to Mars

Elon Musk, founder of Tesla, estimates it would cost around $200,000 to travel to Mars. The privatization of space travel means that this could become a reality. On March 30, his space exploration company, SpaceX made a breakthrough when it successfully launched and landed the first ever reusable orbital rocket, the Falcon 9. Refurbishing and re-launching…

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How disciplined will you be in the next downturn?

Do you remember early 2016? I sure do. The global stock market dropped approximately 15% from November 2015 to February 2016. During that time, I received several calls from clients expressing concern.  Some of these concerns are paraphrased below: “I can’t handle seeing my money disappear any further.” “Such a sharp drop in the market…

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Myths about Financial Advisors

Over the years as a financial advisor, I have heard many assumptions about a financial advisor’s role.  Here are a few myths about what a financial advisor at Verisail is: #1: An advisor should get you out of low-performing investments and into high-performing investments. Myth. An investment strategy that’s based on predicting which investment will…

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Are you investing or speculating?

If you boil it down, there are really two primary schools of thought when it comes to managing money.  The first philosophy believes in these core principles: Philosophy 1 We can outguess the market Diversification is not a priority Concentrate in only our best ideas Trade frequently Charge higher fees to the end investor for…

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The True Cost of DIY Investing: 3.52%

In all aspects of life, there are folks who believe that they can do things better and cheaper if they take the “Do-it-yourself” (DIY) approach.  Sometimes you can save money; however, the longer I live, the more I embrace specialization of labor.  Even if I can do certain tasks, hiring specialists usually means I have…

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Conventional wisdom of active management

It has been demonstrated over and over again that active mutual fund managers have had a very difficult time outperforming their respective benchmarks over reasonable time periods. In the U.S., for example, approximately 83% of all domestic funds underperformed their benchmark for the 10-year period ending 12/31/2015. This phenomenon is not just specific to the U.S.…

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Are your advisor’s fees too high?

Most people have no idea how much they are paying their financial advisor. In a way, we believe this is a problem. Many times, the fees you “see” are only those easily spotted above the surface. There could be other fees you aren’t seeing. It should come as no surprise that we believe financial advisors…

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Verisail Core Investing Principles

I am going to keep this SIMPLE and STRAIGHTFORWARD. Yes, investment management can get very technical with sharpe ratios, alpha, beta, CAPM, efficient frontiers, etc. However, you do not need to go down these rabbit holes to be a successful investor.  In fact, we don’t even go down them. To be successful, we focus on 5…

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