Think Twice Before Chasing the Biggest Stocks (such as FAANG)

It’s very tempting to see the returns on the FAANG stocks—Facebook, Amazon, Apple, Netflix, and Alphabet (Google’s parent company)—and to want to replicate their success in your own portfolio.  Who wouldn’t want to earn 34.25% / year for 10 years (as a portfolio of these stocks earned from 2010 – 2020)?  But, does their past success mean that they will […]

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Client Letter – Q2 2020

During the second quarter of 2020, the best performing asset classes were U.S. and international small and value stocks.  The following chart shows the 3-month, 10-year, and 20-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index: Market Returns for the period ending June 30, 2020 DFA Fund / Index 3 Month Return 10 […]

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Quarterly Market Review – Q1 2020

For an in-depth look at the world capital market performance and a timeline of events during the past quarter, here is our Quarterly Market Review:   About Christopher M. Jones, CFP® Christopher M. Jones is the Founder and President of Sparrow Wealth Management, a fee-only financial planning and investment management firm based in Hermosa Beach, CA. Before entering the investment […]

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Client Letter – Q1 2020

During the first quarter of 2020, the best performing asset classes were short term bonds and inflation-protected bonds. The following chart shows the 3-month, 10-year, and 20-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index: Market Returns for the period ending March 31, 2020 DFA Fund / Index 3 Month Return 10 Year […]

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Client Letter – Q4 2019

During the past year, the best performing asset classes were U.S. large stocks and real estate.  The following chart shows the 1-year, 10-year, and 20-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index: Market Returns for the period ending December 31, 2019 DFA Fund / Index 1 Year Return 10 Year Return* 20 […]

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