Founder, ETFguide
Contributor's Links: The Index Investing Show ETFguide

Ron DeLegge is a leading authority on portfolio construction, investment management, and risk control. His three-word investment philosophy is to help people BUILD, GROW, and PROTECT their money. Through a mix of investment research, online courses, and hands-on help, Ron shows investors like ... more

ALL CONTRIBUTIONS

ETF Battles: QQQ Vs AARK - Which ETF Is Better Positioned For Future Growth?
An arm wrestle between: QQQ (Invesco NASDAQ 100 ETF ) vs. ARKK (Ark Innovation ETF ). Both ETFs own some of the same technology and healthcare stocks, but one ETF is indexed while the other is actively managed.
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FV ETF Battles: NOBL Vs. VIG - Which Dividend Growth ETF Is Superior?
It's a tussle between two U.S. dividend growth ETFs: NOBL (ProShares S&P 500 Aristocrats ETF) vs. VIG (Vanguard Dividend Appreciation ETF).
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FV ETF Battles: EEM Vs. VWO - Which Emerging Markets Fund Is Better?
EEM (iShares MSCI Emerging Markets ETF ) vs. VWO (Vanguard FTSE Emerging Markets ETF ). Both ETFs own emerging market stocks from countries like China, Brazil, India, and Russia. Who wins the battle?
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Finding Tomorrow's Stock Market Winners With The Help Of ETFs
The existence of ETFs has streamlined the process of finding the next generation of stock market winners.
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FV ETF Battles: IJR Vs. IWM - Which Small Cap ETF Is The Better Pick?
Each fund is pitted against the other in key categories like cost, diversification, performance and a mystery category.
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FV ETF Battles: NOBL Vs VYM - Which Dividend ETF Is Better?
NOBL (ProShares S&P 500 Aristocrats ETF ) vs. VYM (Vanguard High Dividend Yield Dividend ETF ). Both ETFs are built to track dividend-paying stocks. Who wins the battle?
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Comments

Latest Comments
3 Lies About ETFs
4 years ago

Carol,

You're 100% correct, I'm biased! Glad you picked upon this. And more specifically, I'm biased toward a) indexing a person's core portfolio and b) using #ETFs as the building portfolio building blocks.

Finally, it's OK to have financial biases, so long as those biases are correct and firmly rooted in improving the odds of long-term investment success.

Beware of financial pundits or advisors that say they're "unbiased." Why? Because he who stands for nothing, will fall for anything.

In this article: SH, VIXY, FXE, DBC, SCHB, ICF
4 Moments When "Stay The Course" Is Really Bad Investment Advice
4 years ago

JE,

Diversification is an obvious hedge, but it still doesn't provide full downside protection.

That's why having a margin of safety built into a portfolio is an absolute must. At the portfolio construction level, it's one of the three essential ingredients to a robust and properly built investment portfolio.

I wrote a research piece about margin of safety a few months ago, here's how it works: etfguide.com/does-your-portfolio-have-a-margin-of-safety/

P.S. Diversification has layers. There's asset diversification, there's investment strategy diversification, income diversification, etc. as a few examples.

1 to 2 of 2 comments

STOCKS I FOLLOW

AAPL Apple Inc.
BAC Bank of America Corporation
CME CME Group Inc.
DB Deutsche Bank AG

TWEETS

PERSONAL BLOG

Latest Posts
Stocks: What’s The Most Profitable Trading Strategy During The U.S. Presidential Election Cycle?
Which years within the U.S Presidential election year cycle are best for equity investors?

Work Experience

Independent Teacher
Udemy
October 2015 - Present (4 years 11 months)

Ron is the the Lead Investor and Teacher of the following online courses:

1) Build, Grow, and Protect Your Money: A Step-by-Step Guide
2) Investing: How to Fix Hidden Flaws Inside Your Portfolio

Host & Producer
Index Investing Show
May 2015 - Present (5 years 4 months)

Ron also serves as the host and producer of the Index Investing Show, a weekly radio/podcast program. The show focuses on personal finance, investing, and retirement planning geared for the public. Ron's weekly guests have included noted authors like John C. Bogle, Mitchell Zuckoff, Sean Carr, Richard Ferri, CFA, Russell Wild, MBA along with Nobel Prize Winners in Economics like Harry Markowitz and William F. Sharpe.

Founder & Chief Portfolio Strategist
ETFguide
May 2003 - Present (17 years 7 months)

ETFguide.com is a leading provider of ETF news, data, and research on exchange-traded funds (ETFs). The firm was founded in 2003 by Ron.

Education

Securities Exchange Commission
Series 7, 63, and 65
1996 / 2007
Having successfully passed securities examinations for the series 7, 63, and 65, Ron was a licensed registered representative and registered investment advisor from 1996-2007. Ron is also proud of his clean disciplinary history with the SEC and state regulators.
American Academy of Art
Graphic Arts
1987 / 1991
While many Wall Street people go to Harvard or Yale University to learn about business, Ron went to art school. While he's no longer active in the graphic arts industry, Ron deeply admires Paul Rand's work. He also enjoys observing the loose "art form" of less refined artists - financial artists like former Federal Reserve Chairman Alan Greenspan and ex-SEC Chairman, Christopher Cox.

Publications

Gents with No Cents
Ron DeLegge
Half Full Publishing Group
12/01/2011

GENTS WITH NO CENTS explores a rarely examined side of Wall Street: Its childish antics. From accountants that can’t count, to financial regulators that don’t regulate, GENTS WITH NO CENTS will make you howl with laughter at their incompetence.

Written by Ron DeLegge II, veteran radio host of the Index Investing Show, GENTS WITH NO CENTS is narrated in an easy going style with sharp satire throughout and 20 hand drawn illustrations by noted cartoonist, Dave Clegg.

DeLegge draws from his personal experiences as a Wall Street salesperson with crazy supervisors and even crazier customers. He offers a refreshing perspective that’s opposite of the angry and condescending tone of financial literature that has come to characterize our era.