According to this week’s guest, both stocks and bonds are more expensive now than they have been in 90% of market history. How do you invest if both markets are historically expensive? On this week’s WEALTHTRACK, AQR Capital’s Great Investor and Financial Thought Leader Cliff Asness describes some smart approaches.
Guests
ROBERTS: WASHINGTON INSIGHT
PhD economist Dan Roberts, Portfolio Manager of the award winning MainStay Unconstrained Bond Fund, didn’t start out on Wall Street. Early in his career he served at the U.S. Securities and Exchange Commission, at The White House with the President’s Council of Economic Advisors, and was Executive Director of the U.S. Congress Joint Economic Committee. […]
ROBERTS: UNCONSTRAINED FLEXIBILITY
Seeking higher returns and protection against an eventual rise in interest rates, investors have been turning to non-traditional “unconstrained” bond funds. According to Morningstar, nontraditional bond fund assets have more than doubled to a record $151.5 billion last year, from $62.5 billion in 2011.
On this week’s WEALTHTRACK, an exclusive interview with an award winning portfolio manager who is an expert in this field. Dan Roberts of the five star rated MainStay Unconstrained Bond Fund explains why investment flexibility is so critical in today’s complex markets.
VOTAVA: MAXIMIZING MEDICARE
It’s estimated that 95% of seniors are paying too much for Medicare coverage. Today, men and women who retire at 65 can anticipate living another 25, 30 or even 40 years – all of those years receiving Medicare benefits and contributing to them. On this week’s WEALTHTRACK, healthcare expert Katy Votava, president of Goodcare.com and author of Making the Most of Medicare explains what you need to know to maximize those benefits and avoid overpaying.
VOTAVA: HEALTHY CAREER
Talk about identifying a need and filling it! Katy Votava is a registered nurse with a PhD in health economics and nursing. How do you turn that combination of credentials into a business? She explains how she created her healthcare consulting firm, GoodCare.com. Watch the related WEALTHTRACK episode.
ROLLEY: LEFT BRAIN / RIGHT BRAIN
Loomis Sayles’ David Rolley has been overseeing global bond and emerging market portfolios and research for more than three decades. What he does in his spare time has little to do with his left brain, business skills and everything to do with his right brain, creative side. Watch the related WEALTHTRACK episode.
