This audio lesson shares an example of a trend following strategy that outperformed the stock market, as measured by the S&P 500 Index, over the long-term. Topics covered include: What is trend. A simple method of measuring trend. An example of a three asset class portfolio using trend as a timing tool. How this trend following example outperformed the S&P 500 Index by 2% annualized with less volatility. The episode length is 6 minutes. … [Read more...]
What Are GICS and Stable Value Funds
This audio lesson discusses guaranteed investment contracts ("GICs") and stable value funds. Topics covered include: The difference between a traditional GIC and a synthetic GIC. Why stable value funds within defined contribution plans have switched to synthetic GICs from traditional GICs. An example of a traditional bond fund that tried to smooth out returns and limit volatility due to interest rate changes. The episode length is 6 minutes. Audio Lesson Audio … [Read more...]
How Bond Supply Impacts Interest Rates
This audio lesson discusses bond supply. Topics covered include: How a below average supply of bonds can suppress interest rates. A review of the new bond supply increase in 2014. When was the last time U.S. government bond supply decreased and why. Why there has not been an increase in mortgage-backed bonds in seven years. Why the supply of bonds needs to increase for an extended period of rising interest rates. The episode length is 7 minutes. … [Read more...]
What Are Stop Losses And How Are They Used
This audio lesson discusses stop losses. Topics covered include: What is a stop loss. Some of the challenges of using stop losses given markets tend to gap. How stop losses can be used. The episode length is 5 minutes. Audio Lesson Audio Download Download this audio lesson All Audio Lessons See a list of all audio lessons. … [Read more...]
Average Stock Market Losses During Bear Markets
This audio lesson discusses average U.S. stock market losses during both secular bear and cyclical bear markets. Average market losses for cyclical bears in secular bull markets. Average market losses for cyclical bears in secular bear markets. Why cyclical bears can be healthy. The episode length is 8 minutes. … [Read more...]
Audio Pack 3: Bonds, Home Country Bias and REITs
Audio Packs combine multiple audio lessons into one file so you can stream or download them without having to switch from one audio lesson to the next. This audio pack covers the following topics in sequential order: How Have Bonds Performed Prior To And After The First Federal Reserve Policy Rate Increase Use of Active Bond Funds - starts at 7:57 What Would Happen If Greece Exited The Eurozone - starts at 13:35 What Is Home C0untry Bias and Why Does It Exist - starts at 26:28 … [Read more...]
Equity REIT Fundamentals
This audio lesson discusses how to tell if REITs are over or undervalued. Topics covered include: REIT sectors Current fundamentals of REITs including valuation and growth measures Specific REIT statistics include REIT dividend yields, price to funds from operations (FFO) and premium to net asset value. The episode length is 9 minutes. Audio Lesson Audio Download Download this audio lesson Audio Lesson Notes Lazard U.S. Real Estate Indicators Report All Audio Lessons See … [Read more...]
March 2015 Mid Month Strategy Update
This is a new monthly audio broadcast covering timely investment topics and current market conditions. Items covered in this strategy update include: The purpose of the mid month strategy update. How stock market returns this year differ depending on the currency. The appreciating U.S. dollar and what is causing it. Secular bull and bear markets. Importance of consulting your tax advisor if you purchase individual MLPs Why I am increasing my equity exposure. Current investment … [Read more...]
What Drives Equity REIT Returns
This audio lesson discusses: What are real estate investment trusts What is the difference between equity and mortgage REITs Why I don't invest in mortgage REITs What drives the returns of equity REITs What are cap rates The episode length is 9 minutes. … [Read more...]
Public REITs versus Private Real Estate
This audio lesson is on owning public REITS and versus private real estate. It also addresses the current yield on REITs versus master limited partnerships and timber REITs. The episode length is 11 minutes. … [Read more...]
