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 you ...
more 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 you how to make informed financial decisions. He is the Founder of ETFguide.com, Host of the Index Investing Show, and Author of multiple investing books. Ron has more than 25 years of experience in the financial services industry and is also inventor of the Portfolio Report Card - a grading system that has been used to analyze and diagnose more than $125 million worth of investments. The popular tool helps investors to understand the strengths and weaknesses of their investment portfolios. Ron offers limited consulting to individual investors and financial advisors. Ron lives in Southern California with his wife and 7-pound Morkie.
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Latest Comments
3 Lies About ETFs
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.
4 Moments When "Stay The Course" Is Really Bad Investment Advice
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.