Scott Burns

Scott Burns by Scott Burns

October 19, 2014

Are We (Still) Quitting at the Wrong Time?

EDITORS: The chart referred to in the column below is available on our server with a filename of sb141019_chart.pdf. You can also get an email of the chart by contacting Patty Adams at padams@amuniversal.com. Over the last 50 years, our life expectancy has increased. So has our health, however many... continue

October 16, 2014

When to Sell a Mutual Fund

Q: My husband and I have over $100,000 invested in two funds, Morgan Stanley Smith Barney ClearBridge Aggressive Growth Fund (ticker: SHRAX; expense ratio, 1.29 percent) and ClearBridge Appreciation Fund (ticker: SHAPX; expense ratio, 1.05 percent). We've considered moving the investment to a lower-cost fund at... continue

October 12, 2014

The Performance Management Lottery Ticket

Charles Ellis hammered the latest nail in the coffin of professional money management. His article "The Rise and Fall of Performance Investing" appeared in the summer issue of The Journal of Portfolio Management. It declares the era of performance money management over. Done. Finished. ... continue

October 09, 2014

Managed Funds Tend to Do Better in Bear Markets, but So What?

Q: While meeting with my financial advisers recently, I raised this question: Why do we have a significant portion of my equity allotment in managed mutual funds when index funds outperform actively managed funds 80 percent of the time? The answer I received is that in rising bull markets, index funds indeed trump... continue

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