YDF's News
Vance on ETF.com: Top ETF Picks For 2020
“Value equities have been largely out of favor since quantitative easing began. But given the lofty P/E [price-earnings] ratios of growth stocks, 2019 performance in domestic equities, and the Federal Reserve’s three cuts in interest rates this year, RPV may be a great way to diversify an equity allocation should value come back into favor.”
Vance in ThinkAdvisor: Schwab-TD Ameritrade Deal Is No Sure Thing
“It’s big news, as yet another example of the massive consolidation taking place in financial services,” said Vance Barse, wealth strategist and founder of the firm Your Dedicated Fiduciary.
Vance in InvestmentNews: Flows into bond ETFs surpass those into equity ETFs for first time since 2009
“Given year-to-date performance in domestic equities, people are starting to modify their portfolios to be positioned more conservatively,” said Vance Barse, wealth strategist and founder of Your Dedicated Fiduciary.
Vance in InvestmentNews: Shifting to Value Stocks Just in the Nick of Time
“I’m seeing it and I have already allocated into it,” Vance Barse, wealth strategist and founder of Your Dedicated Fiduciary, said regarding the recent shift in momentum toward value.
“Historically, value has outperformed growth during recessions and bear markets,” he said. “The smart money may be aiming to capture the higher dividends offered by value equities while positioning portfolios a little more defensively.”
Vance in ThinkAdvisor: “Am I at Risk of Outliving My Money?” How to Face the Fear
When volatility spikes, the trade war escalates and domestic politics is at a fever pitch, I like to go to a calm place and review what’s important, namely the core planning principles to which we are adhering. With an advisor, clients don’t face their finances and fears alone.
Vance in InvestmentNews: Opening an IRA just for Alternative Investments
Vance Barse, wealth strategist at Manning Wealth Management, acknowledged the appeal of such a platform, but stressed the importance of due diligence and suitability.
“Some alternative investment strategies are quite sophisticated and may be too advanced for the common IRA investor to fully understand,” he said. “From a planning standpoint, investors who allocate retirement assets to illiquid alternative investments should consider their required minimum distributions, because you will need to keep enough liquidity to satisfy the distribution requirements if the investors are getting close to 70.5 years old.”
“There’s also some tax-advantaged potential of investing in alternatives in an IRA, but if you sell at a loss you can’t use that for tax purposes because it’s inside a qualified account,” Mr. Barse added.
Vance in ThinkAdvisor: Advisors’ Advice: Top 11 Retirement Planning Questions Clients Ask
“Clients nearing or in retirement painfully remember 2008 and are aware that the U.S. hasn’t had a recession in over a decade. This is a fear-based question that crosses many people’s minds and is a great opportunity to revisit core planning principles to help put them at ease. When this question arises, I conduct a behavioral exercise during which we discuss: recession concerns, portfolio allocation, Social Security, health care costs [and] other income sources.”
Vance on CNBC.com: Seniors Should Avoid this Mistake as the Fed Lowers Rates
Advisors working with retirees and near-retirees are discouraging them from chasing riskier returns.
However, they are asking investors to think deeply about their ability to withstand a period of low interest rates and a market upheaval.
Vance in InvestmentNews: Capital One Data Hack Puts Financial Advisers on High Alert
“The Capital One data breach serves as a great, yet painful, reminder that it’s important for clients to ask financial, insurance, educational and other institutions what security measures they have in place to help prevent such violations,” Mr. Barse said. “Given that the Capital One breach is front of mind, now is a great time for clients to inquire how their institutions will assist them in the unfortunate event that their confidential data is compromised. It’s also a great time for advisers to educate clients on the information security and best practices their institutions have in place.”