As long as there exists a willing buyer who makes decisions based on fear, new and flashy investment “opportunities” will continue to pop up, promising a quick fix to whatever the current market condition is or to allay any fears of what might be. When their short shelf-lives inevitably expire, another new “opportunity” arises and the cycle begins anew.
The alternative: a cost-effective and diversified portfolio that will weather any market cycle and is structured with you and your goals in mind. We have and will continue to reiterate and reinforce this approach for two reasons: it has worked and it continues to work. So while the solution itself may not be flashy, we’ll let DFA’s Jim Parker say it in a flashy way in The Devil Wears Nada.