Financial Portfolios

Every investor should be concerned with the risk of their portfolio. Yet, in my experience, few are. Whenever I use the words "standard deviation," which is a measure of risk, I can see a glazed look come over my prospective client.

I am often accused by brokers of being too hard on them. They say I cherry pick bad portfolios and there are many "hard working, honest brokers" who do the right thing for their clients. I used to believe it. I no longer do.

As millionaires' assets rebounded in 2009, they put more money in tangibles such as art, jets and gems, according to a report released this week by Ca...

When the value of the asset drops below the value of the debt used to buy it, poof -- the owner's equity just went to zero. So it's not just Wall Street that is rapidly developing a distaste for leverage.

Are bonds really a necessary part of every investor's portfolio? What is my prediction for the continuation of our aggressive foreign policy and how ...