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Saving for College: Is the 529 Plan Optimal?

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by Tom Allen and Mark Hebner
Friday, January 13, 2017

Over the holiday weekend, I was having a discussion with a family member about saving for college given the recent birth of their daughter. This particular family member was looking into a 529 plan, but was concerned about some of the restrictions involved with having a ...Read More

Archive

  • Why Discipline is So Important for Investors

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    by Tom Allen and Mark Hebner — Tuesday, January 10, 2017

    As we come to the end of the year it is important to reflect on some of the lessons learned from 2016. One of the biggest that comes to mind is the importance of discipline when it comes to investing, ...Read More

  • The Value IFA Brings to Your Personal Finances

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    by Index Funds Advisors — Tuesday, January 10, 2017

    As an investor it is important to understand the value your advisor provides for the fee they are charging you. While many traditional financial firms believe the majority of their value comes in the form of ...Read More

  • Alliance Bernstein: A Closer Look at the Performance

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    by Tom Allen and Mark Hebner — Thursday, January 5, 2017

    New York based money manager, Alliance Bernstein, has built a reputation of being one of the leading investment experts. They currently manage $490 Billion in assets, have 47 locations across 21 different ...Read More

  • Hedge Funds and Fraud: Way to Break the Stereotype

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    by Tom Allen and Mark Hebner — Thursday, December 29, 2016

    Hedge funds have received a pretty bad wrap since the last financial crisis. Some of the big stories that involved illegal behavior on behalf of hedge funds include Dreier LLP, Weavering Capital, Capitol ...Read More

  • Retirement Funds: The "Off Limits" Money

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    by Tom Allen and Mark Hebner — Wednesday, December 28, 2016

    Saving for retirement, let alone saving enough for a retirement, is a difficult endeavor for most investors. With the majority of baby boomers being underfunded for retirement, the overall conclusion that ...Read More

  • Putnam Investments: A Deeper Look at the Performance

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    by Tom Allen and Mark Hebner — Thursday, December 8, 2016

    Boston based money manager, Putnam Investments, has fallen on some hard times. As reported in the Boston Globe article, on Tuesday the company announced that it is going to cut 115 jobs or about 8% of its ...Read More

  • Targeting Premiums & Diversification

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    by Tom Allen and Mark Hebner — Tuesday, November 29, 2016

    Diversification provides many benefits for investors. Not only can we increase expected returns for a given level of risk, but we can also increase the reliability of capturing premiums or ...Read More

  • 2016 Year-End Fund Distributions & Portfolio Management

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    by Tom Allen and Mark Hebner — Monday, November 21, 2016

    At Index Fund Advisors, it is standard operating procedure for us to tailor how we manage client portfolios at year-end in anticipation of dividend and capital gains distributions from the mutual funds that we ...Read More

  • The Gurudex: How Accurate are the "Experts?"

    1,102
    by Tom Allen and Mark Hebner — Friday, November 18, 2016

    It may come as no surprise to anyone who follows us, but just in case you forgot, we don’t think too highly of active management. It is nothing personal, of course. The fact of the matter is that the ...Read More

  • The Power of Markets

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    by Dimensional Fund Advisors — Tuesday, November 1, 2016

    In 1958, economist Leonard Read published an essay entitled “I, Pencil: My Family Tree as Told to Leonard E. Read.” The essay, narrated from the point of view of a pencil, describes the ...Read More

  • IFA By the Numbers - 2016

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    by Mark Hebner — Tuesday, October 25, 2016

    As we begin 2016, it has become a tradition that we reflect on the prior year by collecting our IFA statistics (or, what has grown to be known as IFA By the Numbers) on the abundance and wealth of information ...Read More

  • Your Wealth Advisor: The Educator and the Coach

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    by Mark Hebner — Monday, October 24, 2016

    “Everything Should Be Made as Simple as Possible, But Not Simpler” – Albert Einstein The role of a Wealth Advisor is constantly evolving. Most of our parents remember the days where the ...Read More

  • The 3rd Quarter of 2016 in Review [VIDEO]

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    by Tom Allen and Mark Hebner — Friday, October 21, 2016

    The 3rd Quarter of 2016 was a great example of the disconnect between markets and economies that many often believe are closely tied together. While economic indicators are extremely important in terms of the ...Read More

  • Timing Premiums: Why It Is Not A Good Idea

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    by Tom Allen and Mark Hebner — Friday, October 14, 2016

    Many investors have caught on to the idea of the different dimensions of expected return or “premiums” such as the market, size, relative price (value), profitability, and capital investment ...Read More

  • Presidential Elections and the Stock Market

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    by Dimensional Fund Advisors — Monday, October 3, 2016

    Next month, Americans will head to the polls to elect the next president of the United States. While the outcome is unknown, one thing is for certain: There will be a steady stream of opinions from pundits and ...Read More

  • The Importance of Hiring a Fiduciary

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    by Tom Allen and Mark Hebner — Wednesday, September 21, 2016

    Index Fund Advisors embraces the responsibility of putting our clients’ best interest first and foremost.  Being beholden to the fiduciary standard of care is not something we see as a barrier, but ...Read More

  • Capturing the Value Premium: Is More Necessarily Better?

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    by Tom Allen and Mark Hebner — Wednesday, September 14, 2016

    Research over the last 4 decades has revealed a robust and persistent value premium – value stocks have outperformed growth stocks over many time periods and markets worldwide. In its most simplest form, ...Read More

  • Dreyfus Funds: A Closer Look at the Performance

    2,311
    by Tom Allen and Mark Hebner — Thursday, September 8, 2016

    Jack Dreyfus, also known as “The Lion of Wall Street,” founded Dreyfus Funds in New York City in 1951. A 1964 Life Magazine article attributes Dreyfus as revolutionizing the advertising of mutual ...Read More

  • The Law of Large Numbers: Bill Miller's Fall From Grace

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    by Tom Allen and Mark Hebner — Friday, September 2, 2016

    Bill Miller is widely considered one of the most successful investors of all time. At the helm of the Legg Mason Value Trust Fund (LMVTX) for over three decades, he earned the title of legendary by beating the ...Read More

  • Luck vs. Skill: An Update!

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    by Tom Allen and Mark Hebner — Thursday, August 25, 2016

    The active fund industry is a marketing machine; ready to pitch short term outperformance as an indication of manager skill. Investors subsequently make a large allocation to these “winners” and ...Read More

  • The 3.8% Medicare Tax: What You Need To Know

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    by Tom Allen and Mark Hebner — Thursday, August 11, 2016

    On January 1, 2013, the US Government introduced a new Net Investment Income Tax of 3.8%. This tax only affects certain households or individuals that meet certain thresholds of net investment income or ...Read More

  • Index Funds: The Documentary Film

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    by Mark Hebner — Monday, August 8, 2016

    I am very proud to share this film with you and ask that you help spread the word. I’d also like to thank you for your support, your interest and your encouragement as my dedicated team and I continue to ...Read More

  • Columbia Funds: A Deeper Look at the Performance

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    by Tom Allen and Mark Hebner — Thursday, August 4, 2016

    Columbia Management is one of the largest investment management firms in the world. With close to 7 full decades of industry experience and expertise and over 100 individual investment strategies, Columbia has ...Read More

  • The 2nd Quarter of 2016 in Review [VIDEO]

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    by Tom Allen and Mark Hebner — Tuesday, July 26, 2016

    The second quarter of 2016 was mixed in terms of good and bad news as well as performance. While the Eurozone experienced a big shock in terms of the unanticipated “Brexit” vote, the United States ...Read More

  • Closing the Behavior Gap

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    by Tom Allen and Mark Hebner — Monday, July 25, 2016

    “Insanity: doing the same thing over and over again and expecting different results.” – Albert Einstein Market timing is and has been one of the most disastrous investment ideas to plague our ...Read More

  • Dodge & Cox: A Deeper Look at the Performance

    3,363
    by Tom Allen and Mark Hebner — Thursday, July 7, 2016

    San Francisco based Dodge & Cox is one of the most well-known investment management firms in the world. More impressively, they have been able to build a very sizeable asset base on the back of just 6 ...Read More

  • Brian Schroeder

    Benchmark Linking: What Plan Sponsors Should Know

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    by Brian Schroeder — Friday, July 1, 2016

    Believe it or not, many plan sponsors of institutional investment plans do not have a reliable benchmark to judge their total performance over time.  How can this be?  What could be more fundamental ...Read More

  • Market Efficiency & Behavioral Biases

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    by Tom Allen and Mark Hebner — Tuesday, June 28, 2016

    One of the most misunderstood tenants of the efficient market hypothesis (EMH) has to do with assumption that all decisions made by market participants are rational. In other words, the millions of people who ...Read More

  • UK's EU Referendum Result

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    by Dimensional Fund Advisors — Friday, June 24, 2016

    On June 23, citizens of the United Kingdom voted to leave the European Union. While there has been much speculation leading up to and since the vote, many of the longer-term implications of the referendum ...Read More

  • Bond Funds or Individual Bonds? What You Need To Know

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    by Tom Allen and Mark Hebner — Friday, June 17, 2016

    A common question we receive from clients has to do with bond strategies. Should we buy bond funds or build individual bond ladders? There are a few things to keep in mind when thinking the role of fixed ...Read More

  • False Diversification

    3,436
    by Tom Allen and Mark Hebner — Wednesday, June 15, 2016

    As proponents of globally diversified portfolios, we understand the principle of diversification when it comes to investing. Harry Markowitz was one of the first academics to identify the benefits of adding ...Read More