March 29, 2015

About David John Marotta

David John Marotta+ is the Founder and President of Marotta Wealth Management, Inc. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. Favorite number: e (2.7182818...)

Schwab Intelligent Portfolios: Incomplete Rebalancing Algorithm

Schwab Intelligent Portfolios

See our review of the two pros and nine cons of how Schwab monitors and rebalances portfolios.

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Radio: Twelve Tax Planning Agenda Items To Do Before April 15

birds in snowstorm

It is better to do tax planning all throughout the year, but here are 12 things to do (or plan to do in the coming year) before April 15.

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Schwab Intelligent Portfolios: Built on a Faulty Premise

Schwab Intelligent Portfolios: Built on a Faulty Premise

It is a great marketing campaign, and the service is a wonderful idea, but the asset allocations of SIPs aren’t actually that intelligent.

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Are Socially Responsible Investing (SRI) Funds Better Investments?

Are Socially Responsible Investing Funds Better Investments?

“What do you think of the idea of Socially Responsible Investing (SRI) implemented simply by investing in something like the Domini Social Equity Fund (DSEFX)?”

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Stock Ownership Is a Bad Strategy for Social Change

Stock Ownership Is a Bad Strategy for Social Change

You cannot help a company by buying its stock.

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Jack Bogle: The Value Of An Advisor Who Sticks To A Long Term Plan

Jack Bogle: The Value Of An Advisor Who Sticks To A Long Term Plan

“Advisers need to sell their value as keeping their clients from doing the wrong thing at the wrong time.”

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Did Obama Violate an SEC Regulation?

Did Obama Violate an SEC Regulation?

From the blind eye of the law, this seems like a violation of SEC regulation.

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Garrett Planning Network SEC Anti-Testimonial Violation

Garrett Planning Network

We expect the Garrett Planning Network to quickly take down these SEC violations from their website in response.

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Sheryl Garrett Should Have Distanced Herself From Obama Like The AARP

Sheryl Garrett Should Have Distanced Herself From Obama Like The AARP

It isn’t too late to print a retraction.

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There Are No Such Things As “Fiduciary Rules”

There Are No Such Things As "Fiduciary Rules"

The principles of a fiduciary cannot be condensed into a set of rules.

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Jack Bogle: Investing Outside The United States

Jack Bogle: Investing Outside The United States

“We still have plenty of problems, but we’re much better than France, Britain and Germany.”

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What Does It Mean To Be A Fee-Only Fiduciary?

What Does It Mean To Be A Fee-Only Fiduciary?

Most investors are not aware of an important separation in the professionals of the financial services industry.

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Twitter’s Reign of Terror

Twitter's Reign of Terror

“They find whatever is different and peck it to death.”

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Mailbag: Is There An Advantage For Me To Do A Roth Conversion?

Is There An Advantage For Me To Do A Roth Conversion?

My wife and I are 65 years old and I am newly retired. Is there any advantage in doing a Roth conversion this year?

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Oil Price Predictions Are Essentially Meaningless

Oil Price Predictions Are Essentially Meaningless

“The most important thing I learned from my research was never to attempt to forecast the price of oil.”

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“Citizenfour” Reminds Us We Should Still Be Outraged

"Citizenfour" Reminds Us We Should Still Be Outraged

The domestic spying of the executive branch deserves our outrage. Efforts like “Citizenfour” that keep the issue in the public eye deserve our support.

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What Happened To The Australian Dollar?

What Happened To The Australian Dollar?

At first glance, AUNZ did not have great returns in 2014. But is that the whole story?

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Mailbag: Confused by Google And Yahoo Finance

Mailbag: Confused by Google And Yahoo Finance

Q&A: “I don’t understand how to explain what happened to the share price. What was going on in the fund?”

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Three Reasons To Engage In Gift Giving

Gift Giving

The new holiday cliché is to complain about hyper-materialism, but gifts and gift giving help shape our identities.

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The President’s Impact

The President's Impact

Obama evidently believes that politicians are elected to make a difference in the lives of Americans. The problem is that no one can opt out of a federal impact.

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What Is The Alternative To An Annuity?

Question hole

An immediate fixed annuity is not an investment; it is an insurance product.

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Wealth Redistribution and the Most Social President

The Most Social President

The loudest tend to drown out competitors regardless of whose reasoning is better.

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Video: My Experience with The Drudge Report

My Dad & The Drudge Report

A short documentary film showing how the media thrives on misleading headlines.

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Radio: What Did Well in 2014 and What Might Happen in 2015

Old Radio

David John Marotta and radio host Rob Schilling discuss what did well in the market as well as the online security of investments.

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One Hidden Way the IRS Hurts the Bereaved

One Hidden Way the IRS Hurts the Bereaved

It is often said that the only two certainties in life are death and taxes. The IRS takes that truism to heart.

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The Success of Freedom Investing

The Success of Freedom Investing

It is a simple thought experiment. Would you rather invest in South Korea or in North Korea?

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What Is The US Dollar Index?

What Is The US Dollar Index?

How is the change in the value of the dollar computed?

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Fiduciary Fight Part 5: Lobbyists Won’t Help

Fiduciary Fight

“We’d be fools to underestimate their tenacity and creativity when it comes to protecting their executive bonus pools.”

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Returns from the Countries with Economic Freedom

Freedom Countries - 2014 Returns

Freedom investing beat the EAFE Foreign index by 7.92% in 2014.

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2014 Returns for Our 6 Asset Classes

6 Asset Classes - 2014 Returns

When asset classes are not correlated that means they often move in different directions.

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Understanding Cash Flow Is Critical

Understanding Cash Flow Is Critical

Regardless of income level, overspending causes poverty.

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Does Past Performance Have Anything To Do With Future Results?

Does Past Performance Have Anything To Do With Future Results?

Is there a correlation which would justify talking about “the momentum of the markets”?

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Fiduciary Fight Part 4: Fiduciary Oath

Fiduciary Fight

“Take a version of this fiduciary oath to the brokers down the street and ask them to sign it. If they refuse, ask why.”

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The Delirious Happiness of Free Market Choice

The Delirious Happiness of Free Market Choice

Here is one of the most brilliant breakthroughs in all of food science and how it relates to almost every aspect of life.

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Does Market Volatility Cause Post-Traumatic Stress?

Does Market Volatility Cause Post-Traumatic Stress?

The best antidote to the stress of market volatility is to understand that the markets are inherently volatile.

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Fiduciary Fight Part 3: Distinguish Between Brokers And Advisors

Fiduciary Fight

I love that Bob Veres thinks that labeling someone as a broker or advisor would help bring clarity. It shows his optimism.

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Guess What Statistic Has The Highest Correlation With The S&P 500?

Guess What Statistic Has The Highest Correlation With The S&P 500?

David Leinweber calls this technique, “torturing the data until it screams.”

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Marotta’s 2015 Gone-Fishing Portfolio

Fog Fishing

A gone-fishing portfolio keeps investing simple.

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Marotta’s 2014 Gone-Fishing Portfolio Review

The fishes

A review of last year’s 2014 gone fishing portfolio returns.

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Marotta’s 2015 Gone-Fishing Portfolio Calculator

The fishes

A gone-fishing portfolio has a limited number of investments with a balanced asset allocation that should do well with dampened volatility.

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Why is Bob Cratchit So Poor?

Why is Bob Cratchit So Poor?

At first glance, this story fills us with pity for the Cratchit family, always struggling to make ends meet. But is that the true story?

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Jorge Posada And Jose Contreras Failed To Safeguard Their Finances

Jorge Posada And Jose Contreras Failed To Safeguard Their Finances

Their attorney, New York-based Barry Lax, says the two ballplayers are the latest professional athletes abused by predatory financial advisors.

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Obama Acts Like a Mob Boss, But There Is a Solution

Obama Like a Mob Boss

A mob boss exercises absolute control over his many followers and profits from the often criminal activities of his organization.

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Fiduciary Fight Part 2: Additional Congressional Regulatory Oversight Can’t Be Trusted

Fiduciary Fight

Congress cannot protect you from the financial sharks who contribute to their campaigns, but they may protect the sharks.

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Ken Elzinga

Ken Elzinga

Kenneth G. Elzinga. Ken is both a nationally renowned economist as well as a locally celebrated professor here in Charlottesville at the University of Virginia.

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Contact Lens Regulations Cost Consumers Billions

Contact Lens Regulations Cost Consumers Billions

It is illegal to sell contacts in the United States without requiring a prescription. A Federal Trade Commission regulation provides penalties of up to $11,000 per violation.

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Inversion Is The Latest Corporate Tax-Cutting Strategy

Inversion Is The Latest Corporate Tax-Cutting Strategy

The United States is the only country that imposes a tax on all income the company makes whether it is earned within or outside the country.

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Interviews And Articles With Ken Elzinga

Ken Elzinga

“Markets have made possible the prospect of the bulk of an economy’s population not being poor and oppressed.”

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Fiduciary Fight Part 1: The Fight Over The Fiduciary Label

Fiduciary Fight

The fight is on! Everyone wants to be known as a fiduciary, but not everyone deserves the title.

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Interview with Ken Elzinga by Marotta On Money

Ken Elzinga

Ken Elzinga writes the popular Henry Spearman mystery novels under the pen name of Marshal Jevons. We caught up with Professor Elzinga for the following interview.

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