| Bickford Investment Management Services |
| Library/Articles |
Articles by Joel Bickford
Why Wait? Making the Right Investment Decisions Now
This article examines the difficult question of when to make asset allocation
changes and discusses how to avoid consistently making investment mistakes.
Why Wait? Making the Right Investment Decisions Now by Joel Bickford
Five Keys of Maximizing Your Wealth
This article describes five of the top actions individual investors should take to
maximize the performance of their financial portfolios.
Five Keys of Maximizing Your Wealth by Joel Bickford
How do I Improve Stock Portfolio Returns?
This article analyzes the returns of stock portfolios with different asset class
allocations and shows the expected returns and risk trade-offs.
Improving Stock Portfolio Returns Through Asset Allocation by Joel Bickford
Will My Money Last Through My Retirement?
This article discusses safe spending rates from investment portfolios and the
likelihood of not running out of money. The article provides an overview of the two
primary factors involved. It gives you the steps you can take for developing a
portfolio and spending plan based on your life expectancy and risk tolerances.
(IRS life expectancy tables are included in the Appendix.)
Spending Rates from Retirement Portfolios by Joel Bickford
Getting Better Returns: Value Stocks Vs. Growth Stocks?
All leading US business schools teach the Fama/French model which shows us
that small and value stocks have provided better investment returns than large
and growth stocks. This article provides an overview of the Fama/French model
and helps investors understand how to build a diversified portfolio to achieve
improved expected returns with low volatility risk.
Fama/French Three-Factor Model by Joel Bickford
Why Wait? Making the Right Investment Decisions Now
This article examines the difficult question of when to make asset allocation
changes and discusses how to avoid consistently making investment mistakes.
Why Wait? Making the Right Investment Decisions Now by Joel Bickford
Five Keys of Maximizing Your Wealth
This article describes five of the top actions individual investors should take to
maximize the performance of their financial portfolios.
Five Keys of Maximizing Your Wealth by Joel Bickford
How do I Improve Stock Portfolio Returns?
This article analyzes the returns of stock portfolios with different asset class
allocations and shows the expected returns and risk trade-offs.
Improving Stock Portfolio Returns Through Asset Allocation by Joel Bickford
Will My Money Last Through My Retirement?
This article discusses safe spending rates from investment portfolios and the
likelihood of not running out of money. The article provides an overview of the two
primary factors involved. It gives you the steps you can take for developing a
portfolio and spending plan based on your life expectancy and risk tolerances.
(IRS life expectancy tables are included in the Appendix.)
Spending Rates from Retirement Portfolios by Joel Bickford
Getting Better Returns: Value Stocks Vs. Growth Stocks?
All leading US business schools teach the Fama/French model which shows us
that small and value stocks have provided better investment returns than large
and growth stocks. This article provides an overview of the Fama/French model
and helps investors understand how to build a diversified portfolio to achieve
improved expected returns with low volatility risk.
Fama/French Three-Factor Model by Joel Bickford
Recommended Reading
The Four Pillars of Investing
by William Bernstein (2002)
A highly recommended basics book for investors.
Rational Investing in Irrational Times
by Larry E Swedroe (2002)
The Intelligent Asset Allocator
by William Bernstein (2001)
Insider Trading Drag Article Link
by William Bernstein (2003) -- This article discusses Joel Bickford's theory
regarding insider trading and who loses from it
A Random Walk Down Wall Street
by Burton G. Malkiel (2007)
The Four Pillars of Investing
by William Bernstein (2002)
A highly recommended basics book for investors.
Rational Investing in Irrational Times
by Larry E Swedroe (2002)
The Intelligent Asset Allocator
by William Bernstein (2001)
Insider Trading Drag Article Link
by William Bernstein (2003) -- This article discusses Joel Bickford's theory
regarding insider trading and who loses from it
A Random Walk Down Wall Street
by Burton G. Malkiel (2007)
What is the Efficient Frontier?
An efficient portfolio lies somewhere on the efficient frontier line. The
line below represents the best an investor can do from a risk/return
standpoint. Ideally, an investor’s portfolio will be somewhere on the
efficient frontier line. If the portfolio is below the line, it is not optimum
for risk/return. An investor chooses the level of risk they are
comfortable with and accepts the associated expected return. A
random collection of investments will not lie on the efficient frontier
line. This means the investor chould achieve both lower risk and
higher expected return.
An efficient portfolio lies somewhere on the efficient frontier line. The
line below represents the best an investor can do from a risk/return
standpoint. Ideally, an investor’s portfolio will be somewhere on the
efficient frontier line. If the portfolio is below the line, it is not optimum
for risk/return. An investor chooses the level of risk they are
comfortable with and accepts the associated expected return. A
random collection of investments will not lie on the efficient frontier
line. This means the investor chould achieve both lower risk and
higher expected return.
Disclaimer: The information contained in this web site is provided in good faith
and comes from sources that we consider reliable. However, we can not guarantee
its accuracy or completeness.
The material on the site is not intended to be the primary basis for making
investment related decisions and should not be considered advice to any investor.
We always assume that equity and other risky investments are held for the long
term. Risk means that you can lose money, even in the long run.
There can be no assurance that investments discussed here will actually perform
as suggested by our analysis or historical comparisons. History is full of surprises
and events that have never happened before.
and comes from sources that we consider reliable. However, we can not guarantee
its accuracy or completeness.
The material on the site is not intended to be the primary basis for making
investment related decisions and should not be considered advice to any investor.
We always assume that equity and other risky investments are held for the long
term. Risk means that you can lose money, even in the long run.
There can be no assurance that investments discussed here will actually perform
as suggested by our analysis or historical comparisons. History is full of surprises
and events that have never happened before.
Copyright © 2008, Joel D. Bickford, All Rights Reserved
Updated January 2008 by JFB
Updated January 2008 by JFB