A closed-end fund (CEF) is a type of mutual fund. Like most mutual funds, these funds hold a portfolio of underlying stocks, bonds, and other securities. But there are several factors that make these funds unique when it comes to how shares are issued and the price these shares trade at.
[Read more…] about Closed-End Funds: An Undercovered Market For The Patient, Value InvestorRVP Quarterly Investment Update – Q4 2019
Click below for a recap of what happened in the market and RVP’s portfolios during Q4 2019.
The Rising Cost of Retirement
The world’s central banks — the Bank of Japan, the European Central Bank, and the Fed — are tasked with managing inflation within the global economy. In recent years, inflation (as defined by rising prices for goods and services) has remained relatively low.
[Read more…] about The Rising Cost of RetirementRVP Quarterly Investment Update – Q3 2019
Click below for a recap of what happened in the market and RVP’s portfolios during Q3 2019.
Year-End Tax Planning: Now Is The Time To Start
Comprehensive wealth management is about more than just developing a financial plan and putting your assets to work. It should also be about insulating your wealth from unnecessary taxation.
[Read more…] about Year-End Tax Planning: Now Is The Time To StartThe Perils of a Concentrated Portfolio
As a general rule, it’s always wise to diversify your portfolio. This is a common message from wealth managers, and rightly so: diversification can help investors achieve a lower level of market risk for a given level of expected performance.
[Read more…] about The Perils of a Concentrated PortfolioHow Much Value Does An Advisor Provide?
According to a study by Vanguard, advisors provide “about 3.00%” to client portfolios.¹ The study also found that this value isn’t just coming from investment management or asset allocation strategies, it was coming from the more nuanced services that advisors provide to their clients: behavioral coaching, decumulation planning, tax-efficiency, and cost-effective portfolio implementation.
[Read more…] about How Much Value Does An Advisor Provide?RVP Quarterly Investment Update – Q2 2019
Click below for a recap of what happened in the market and RVP’s portfolios during Q2 2019.
A Closer Look At The Durable Opportunities Strategy
Throughout my career, I’ve focused on fixed income and structured finance. I co-manage RVP’s Durable Opportunities Strategy (previously called Durable Income Strategy) along with Bob Huffman and Maury Fertig. In this short article, we wanted to provide insights on how the strategy is managed and where the strategy fits within a diversified portfolio.
[Read more…] about A Closer Look At The Durable Opportunities StrategyRVP Sponsors Tournament Benefiting The Crohn’s & Colitis Foundation
On July 29th, the 25th annual Chicagoland Golf Tournament was held at Skokie Country Club, with all proceeds going to support the Crohn’s & Colitis Foundation (CCF).