May 10, 2011 | Believe it or not, for many local residents, it is true. Generally speaking [and from FJY’s perspective] your primary residence should not be considered an investment in the true sense of the word. However, the returns on your initial down payment can be quite impressive.
January 24, 2011 | In the wake of our most recent financial crisis, many investors began asking the question “How can I avoid another 2008,” or “What could we have done differently?” This ultimately led to their questioning of the investment philosophy which they had previously thought could “weather any storm.” Traditional methods like that of “buying and holding” seemed outdated, and diversification no longer appeared to be a way to reduce one’s risk in using a variety of asset classes; or to quote an article I recently read “diversification looked as though it fails us when we need it most.”
April 9, 2010 | We’ve all heard it; buy low, sell high. It is the best way to make money in the markets. That is, if you can do it. The rebalancing discipline we use at FJY forces us to buy low and sell high, and by doing so, provides us the opportunity to benefit in two ways. By periodically rebalancing your portfolio we reduce the risk of your portfolio and increase the returns of your portfolio over the long run.
October 25, 2009 | Futures began in the mid-19th century with the establishment of central grain markets, where farmers could sell their products either for immediate delivery or forward delivery. These "forward contracts" between two parties to buy or sell at a certain future time for a specified price became the forerunners of today’s exchange traded futures contracts.
August 19, 2009 | On April 23rd, Roger Gibson, CFA®, CFP®, spoke with FJY clients and friends on the topic of Multiple Asset Class Investing. Gibson is a well-known author and financial advisor and an internationally recognized expert in asset allocation and portfolio design. He is the Chief Investment Officer of Gibson Capital Management, Ltd. and author of the book, Asset Allocation: Balancing Financial Risk. Much of the conversation was focused on what Gibson believes are the four key determinants of portfolio performance.
December 12, 2008 | On April 24 Westin Wellington, Vice President of Dimensional Fund Advisors (DFA), spoke to a group of FJY clients and friends. His presentation, "Redefining Investment Advice,"introduced the audience to an approach not typically emphasized in today's investment media. The passive investment portfolio theory he advocates is centered on diluting the risks associated with investing. Risk factors that influence investments include the effect of a particular company, a certain industry, or an entire market.
December 12, 2008 | Clients of Fox, Joss & Yankee occasionally ask why we do not participate in what many people call "Socially Responsible Investing" or SRI. Investors who practice SRI strive to make investment choices based - at least partially - on whether the companies in which they invest have a positive impact on the world. Or, more popularly, these investors try to avoid choosing investments in companies that have a negative impact on the world. As investment fiduciaries for our clients, FJY's primary goal and ultimate responsibility is to place our clients' interests above all other interests. It is in the context of being a fiduciary that FJY has determined against making SRI part of our investment philosophy.
5 Questions for Thomas Bohjalian on Real Estate (Bloomberg)
December 26, 2011 | Despite a weak job market, landlords are finding ways to hike rents. That’s helping real estate investment trusts, or REITs, that own multifamily housing complexes across the U.S. Americans age 20 to 34 – considered the “prime renter group” – face an unemployment rate of almost 11 percent. Against that backdrop, it's striking how much more landlords are able to charge tenants. According to Bloomberg data, multifamily housing REITs boosted apartment rents 4.6 percent in the past year.