The New Capital Journal
Financial news, views, advice, and guidance.
Brought to you by New Capital and our business partners.
The Stock Market vs. Stocks in the Market
If your wealth is highly concentrated in any one individual stock, take this opportunity to learn an important lesson: While many people think they know more than other investors, none of us knows more than the market.
Dimensional 2023 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
Q1 Market Review- Webinar Recording
Watch a recording of our webinar: Q1 Market Review presented by Leonard Golub, CFA.
Quarterly Market Review
The DFA Quarterly Market Review features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
What’s Your True Net Worth?
People are naturally concerned about their own lifetime financial experience, but maybe even more about the financial future of the people they’ll leave behind.
Investments 101
Investments 101 is New Capital's foundational training session for clients to better understand markets and investments.
Two Steps Forward, One Step Back for Investors
What happens when companies or individuals get hit with bad news? We don’t just sit there and take it—we try to figure out how to get back on track.
Which Country Will Outperform? Here’s Why It Shouldn’t Matter.
Investment opportunities exist all around the globe, but the randomness of global stock returns makes it exceedingly difficult to figure out which markets are likely to be outperformers.
People Have Memories. Markets Don’t.
Prices change based on what’s happening right now and what people think will happen in the future.
Year End Market Review- Webinar Recording
Watch a recording of our webinar: Year End Market Review presented by Leonard Golub, CFA.
2022 Annual & Q4 Market Review
The DFA 2022 Annual and Q4 Market Reviews feature world capital market performance and a timeline of events for the past year and the past quarter.
This Has Been a Test: Developing a Financial Plan You Can Stick With
What has stayed constant throughout my life is the power of people to make progress in the face of challenges.
Time the Market at Your Peril
My fear is that faster and easier ways of investing will allow people to lose more money faster and easier.
Markets Don’t Wait for Official Announcements
Some investors may worry about the stock market sinking after a recession is officially announced. But history shows that markets incorporate expectations ahead of economic reports.
Trust the Financial Advisor Who Trusts the Market
With over 200,000 financial advisors in the United States, how do you pick one?
Quarterly Market Review - Q3 2022
The DFA Quarterly Market Review features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
How to Invest Better—and Live Better
Connecting life principles to investment principles is a powerful way to ground abstract principles in reality, and to connect over universal experiences and feelings.
Wes Crill on Global Diversification, Market Declines, and Value
The bedrock component of Dimensional’s investment approach is broad diversification, which we think is a great risk control in environments like this.
FAANGs Gone Value
Investors advocating for the superiority of growth firms, such as the FAANGs, are inadvertently making the case for their expected future cash flows to be discounted at a lower level.
Ingenuity and the Investor
Investors are often tempted to focus their attention on firms that appear poised to benefit from innovation. But it’s difficult to predict which ideas will prove successful, and even if we could, it’s unclear which firms will benefit and to what extent.