Matthew White serves as an Investment Analyst for MRA Associates. His primary focus is on the firm’s investment research and portfolio management. He serves as a member of the MRA Associates Management Committee and Investment Policy Committee.
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At first blush, it would seem that bonds are easier investments to evaluate than stocks. After all, bonds pay a set interest rate and generally repay your original investment after a set amount of time.
International stocks have been a real bummer for investors over the last decade. In fact, while the S&P 500 has delivered a 294% increase for the ten years ending 6/30/19.
In part three of the Sustainable Draw Rates Study, we examine results by historical stress testing and reach our conclusion.