A Funny Thing

Evensky, Harold
February 2007
Journal of Financial Planning;Feb2007, Vol. 20 Issue 2, p38
Academic Journal
The author points out his similarities and differences with past "Journal of Financial Planning" writer William Jahnke as part of taking Jahnke's position. Several of the similarities include Jahnke's views on financial planners helping clients achieve financial success, the need to revisit allocations if future return expectations change, and that financial planners need to adjust stock market return assumptions downward to account for certain costs. The writer disagrees with Jahnke's views on people who advise against market timing, scenario analysis as an alternative to asset allocation, and the emphasis on the importance of security and sector selection in determining portfolio performance.


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