INSIGHTS
The Course Layout
By: Matt Garrott Welcome to the Fairway Wealth Management blog. Our aim is to provide you with compelling insight that is a departure from the media’s typical conjecture without getting too deep into the rough. Hopefully, we don’t break the internet in the process. Here is [...]
Market Commentary Q3 2014
By: Matt Garrott Returns among asset classes were mixed this past quarter. The Barclays Aggregate Bond Index was barely positive, up 0.17% and municipal bonds rose 1.49%. TIPS dropped 2.04% while foreign bonds took a nosedive, down 5.34%. Large cap stocks were the lone bright spot [...]
Market Commentary Q2 2014
By: Matt Garrott Returns were positive across almost all asset classes in the second quarter. The Barclays Aggregate Bond Index was up 2.0%. Municipal bonds popped up 2.6% and TIPS rose 3.8%. Foreign bonds were up 2.8%. US Large Cap stocks as measured by the S&P [...]
BIPS (Burrito Inflation-Protected Bonds)
By: Matt Garrott According to the Wall Street Journal, London restaurant chain Chilango is selling bonds maturing in four years that yield 8%. Normally, this would be a non-story, but on top of the 8% yield, investors who part with at least £10,000 also get a [...]
Stop Chasing Your Tail
By: Matt Garrott Investors who alternate between chasing returns and safety wind up in the same situation as a dog chasing its tail – out of breath, dizzy, and living off of dog food. The notion that there is some strategy where the investor can perfectly [...]
Why Settle For Mediocre Returns?
By: Matt Garrott Why would anyone buy an index fund and guarantee an average return? You don’t want to be average, do you? Average is for losers! Or so you might think if you watched CNBC all day. In reality, the index outperforms active managers more [...]