Understanding the "Fiduciary Rule" and why investor education is so important

Posted 1 CommentPosted in Investing

Update on March 8th: Tony Robbins recently posted a video similarly emphasizing investor education on Investopedia. Last Friday, US President Donald Trump signed an executive order which may halt the planned application of the “fiduciary rule” to large numbers of financial advisors and product providers to retirement plans.  Opponents criticize this move as helping hide […]

200000 Vietnamese dong notes, worth less than US$10 each but more than most free financial advice

10 Emerging Markets to Watch in 2017: The Closed-End Fund Sentiment Indicator

Posted Leave a commentPosted in Investing

I have long been a fan, observer, and investor in emerging markets, ranging from the most frontier the most developed of emerging markets (often repeating that the US can be called “the most successful emerging market in history).  Anyone who knows me personally knows that this interest in emerging markets drove me to travel through […]

Top Hong Kong listed ETFs by volume, expense ratio and board lot size

Posted Leave a commentPosted in Investing, Lists

Hong Kong still has a “board lot” requirement that shares of stocks, ETFs, and other HKEX exchange-traded securities still be traded in minimum chunks that can range from 10 to thousands of shares per trade. As a reference, below are a list of HKEX-listed ETFs with useful information like expense ratio, board lot size, and […]

Brief Review of @Motif Investing Platform

Posted Leave a commentPosted in Investing

This year, I started looking at the Motif investing platform, and for my clients, offering managed accounts through Motif Advisor. Basically, Motif is a different type of online broker that, rather than selling you stocks one at a time, allows you to trade in “Motifs” (basically baskets of up to 30 US-listed stocks or ETFs) for a […]

A 63-year chart of US Interest Rates and the 35-year old bond bull market

Posted Leave a commentPosted in Books, Education, Investing

I love long-term charts, and recently started re-reading the 5th edition of Jeremy Siegel’s classic “Stocks for the Long Run“.  Being naturally curious, I also like to keep an eye on how investments in “Bonds for the Long Run”, “Balanced Portfolios for the Long Run” and “Alternative Investments for the Long Run” would do.  Siegel’s […]

Performance of the GFM Singapore 20 vs the Straits Times Index Tracker Fund 2016

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In Hong Kong, we aim to outperform the Hang Seng index through a proprietary selection of stocks we believe are higher quality and/or better valued than the market-cap weighting of the 50 stocks of the index, and in most cases in Hong Kong we also try and avoid low-float companies.  For the 12 months ending […]

Performance of the GFM Hong Kong 30 vs the Hang Seng Index Tracker Fund

Posted Leave a commentPosted in Investing

In Hong Kong, we aim to outperform the Hang Seng index through a proprietary selection of stocks we believe are higher quality and/or better valued than the market-cap weighting of the 50 stocks of the index, and in most cases in Hong Kong we also try and avoid low-float companies.  For the 12 months ending […]

China A-shares are too expensive to get excited about Hong Kong-Shenzhen Stock Connect, at least for now

Posted 1 CommentPosted in Investing

This is an excerpt of my article “Shenzhen Connect A Welcome Opening To A Different But Expensive Segment Of The China A-Share Market” published right before the Hong Kong – Shenzhen stock connect went live. … Overall Outlook on Major China Equity Markets and ETFs To put the Shenzhen market into perspective, it is worth […]

Advantages of directly owning 30 or more stocks instead of an index fund

Posted 1 CommentPosted in Investing

This is an summary and excerpt of my article “Why I Wouldn’t Invest More Than $100,000 In An S&P 500 ETF Or Index Fund“. Ask 100 fee-only financial advisors how they would invest an extra $100,000 that was not needed for at least 10 years, and odds are that one of the top responses would […]

GFM Consolidated 3 Year Track Record Performance Through September 2016

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As background, we present the 3 year consolidated track record of the Interactive Brokers accounts managed by GFM portfolio manager Tariq Dennison over the 3 years ending September 2016, immediately before GFM Group Limited became a Hong Kong SFC-licensed Type 9 asset management firm. Past performance is no indication of future results, but the point […]