This is How the Smart Money Invests
Low cost, fixed-fee, evidence-based investment strategies based on decades of Nobel laureate research and insights.
Helping Clients Build Wealth since 2005
Planvesting is a small, independent investment management firm dedicated to providing low cost, fixed-fee services to investors who understand the power of passive investment strategies and the importance of minimizing portfolio costs.
Simple
“Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.” John C. Bogle, Founder – Vanguard Group
Smart
“After adjusting … for survivorship bias, taxes, and loads, the dominance of index funds <over actively-managed funds> reaches insurmountable proportions.” Charles Ellis, The Index Revolution.
Effective
“Asset allocation eliminates the need to predict the near-term future direction of the financial markets and eliminates the risk of being in the wrong market at the wrong time.” Richard A. Ferri, All About Asset Allocation.
You First!
Everything we do – from how we price our services, to the guidance we provide our clients – is determined with a single, over-riding question in mind: “Is this the best we can do to protect the long-term financial interests of our clients for the lowest reasonable cost?” It’s a standard of care that goes beyond the fiduciary standard; one that’s based on principles rather than just the letter of the law. Often referred to as a “Stewardship” standard, it reflects our passion and commitment to always do right.
Luck vs. Skill: The Failure of Active Management
“Wall Street’s favorite scam is pretending that luck is skill.”
Underperformance Abounds
According to S&P Global, 89% of equity mutual funds and 77% of fixed income mutual funds failed to beat their benchmarks for the 10 years ended 12/31/23.
You Can't Pick the Winners
Market-beating performance does not tend to persist. In other words, what the fine print says is true: past performance is no guarantee of future results.
Don't Be Fooled
Wall Street has lots of tricky ways to “prove” that their expensive, active strategies work when, in fact, they’re simply costing you money.
Let’s Connect!
Questions? Comments? Concerns? Let’s connect and discuss!