My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years. Kenneth Fisher 000accountage Change image and share on social
Plenty of funds have fine long-term returns despite being tax-inefficient and generally costly. But a dirty secret is this: Average, no-load fund investors do much worse than the funds - or the market. Kenneth Fisher averagebadlycostly share on social
A constant in my approach to investing: You should think politically but unconventionally. Kenneth Fisher approachconstantinvest Change image and share on social
One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones. Kenneth Fisher bondclosecomponent share on social
Over rolling long periods, U.S. and non-U.S. stocks tend to equalize. Kenneth Fisher equalizelongperiod Change image and share on social
China's stock market is inextricably tied to politics. Kenneth Fisher chinainextricablymarket Change image and share on social
I can find only one bull market, in 1935, that didn't have some material indigestion within its first 12 months. Kenneth Fisher bullfindindigestion Change image and share on social
Italians have always had a high savings rate. They love putting their money into their own government bonds - even more than in houses, stocks and gold. The higher rates climb, the happier they are to invest. So if austerity plans drive rates up, it's music to Italian ears. Kenneth Fisher austeritybondclimb share on social
If some stock categories get too hot-and-pricey, mass supply is created via stock offerings to tap that cheap money - and, when overdone, drives it all down. Kenneth Fisher categorycheapcreate Change image and share on social
Generally, variations in earnings aren't nearly as impactful on glamour growth stocks as are changes in image and, well, sexiness. I often think of glamour stocks as though they are attractive women dressing to the nines. Kenneth Fisher attractivedressearnings share on social
