FMD Capital Management

Posts Tagged: strategy

Everyone Is A Trader

Written by David Fabian, August 16th, 2017

The notorious website Zerohedge has a thought-provoking tagline that reads: “On a long enough timeline the survival rate for everyone drops to zero.”  There’s plenty of truth to that sentiment and drives the philosophical underpinnings of their news and/or investment opinions.   I’m not promoting their outlook, but I will take my own thinking down a similar track and add that:

“On a long enough timeline, everyone is a trader.” Read more

The Most Important Component In Any Long-Term ETF Strategy

Written by David Fabian, February 07th, 2017

Ask a room full of experts what the most important part of a successful investment strategy is and you will likely get a range of candid responses.  Most would gravitate towards answers like security selection, position size, time, or cost as their primary recommendations.

Those characteristics are certainly important and should not be overlooked.  However, the data behind ETF asset flows and fund returns continues to signify a tremendous deficiency in net performance for individual investors.  Much of this gap can be attributed to behavioral choices – i.e. buying high or selling low.

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The Value Of Incremental Steps In Your Investment Portfolio

Written by David Fabian, February 03rd, 2017

Investing is a stressful endeavor – plain and simple.  You never have all the facts to make a perfect decision.  You are only able to see the right answer with the benefit of hindsight.  Things are always slow on the way up and frenetic on the way down.  This all leads to emotions taking their toll on every single one of us.  Read more

There Is No Such Thing As A Safe Stock

Written by David Fabian, October 12th, 2016

Do me a favor and google “safe stocks”.  Here is the link to make it easy on you.

What you see is a loaded list of terms that refer to a “safer retirement”, “protection”, “defensive”, “high yield”, and most importantly “dividends”.  All of these articles want to wrap you in a warm blanket of isolation from all of those other scary stocks that are likely to lose value at some point in time. Read more

The Hazards of Over-Diversification In Your Investment Advice

Written by David Fabian, May 23rd, 2016

One thing I have learned over the course of my career is there are never any shortage of opinions or strategies on how you should be investing your nest egg.  Everywhere you look there are hedge funds, mutual funds, ETFs, advisors, newsletters, insurance companies, and other fringe “experts” touting their methods.  Read more