Ron DeLegge - Comments
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

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
5 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.

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