Jeff Ptak: Hi, and welcome to
The Long View. I m Jeff Ptak, chief ratings officer at Morningstar Research Services.
Christine Benz: And I m Christine Benz, director of personal finance for Morningstar.
Ptak: Our guest this week is Eduardo Repetto. Eduardo is chief investment officer of Avantis Investors, where he is responsible for overseeing the research, design, and implementation of the firm s investment strategies. Prior to forming of Avantis in 2019, Eduardo was co-CEO, co-CIO, and a director at Dimensional Fund Advisors. Eduardo earned a Ph.D. in aeronautics from the California Institute of Technology, and an MSc degree in engineering from Brown University.
However, consumers might funnel those returns to living expenses like rent, food, transportation and health insurance if they swell in price, she said.
Indeed, some companies have raised prices recently for household items like toilet paper, peanut butter and soft drinks. All of those things obviously have a major impact, said Lassus, a certified financial planner and accountant.
Historical perspective
There are a few times in history when savers derived a negative net return after accounting for inflation.
In 1980, for example, a benchmark 10-year Treasury bond yielded an average 11.43% among its highest-ever. (That return beats out the roughly 10% average annualized return for stocks, as measured by the S&P 500 index.)
The XY Planning Network cofounder discusses serving younger clients, the trading frenzy in individual stocks and cryptocurrencies, and the future of a fiduciary standard.