One of my new favorite authors/bloggers is Tim Mauer. He has a way of writing about personal finance that marries the very numbers-based side of “finance” with the very emotional side of “personal”. His latest post talks about the term tracking error, and is especially relevant for investors who believe in holding a globally diversified portfolio (which Cornerstone Wealth Advisors whole-heartedly supports). 2014 was probably a frustrating year for these investors, as the S&P 500 gained over 13% for the year, while a global portfolio of equities was probably more in the 4-6% range.
Take a few minutes and read Tim’s post. If the last few paragraphs of the post concerning long-term, disciplined investing resonate with you and you’ d like to learn more, give us a call. We work with our clients to construct a strategy that takes the long-view of their financial life and provides the framework and discipline to push through short-term setbacks.