Posting from paradise this week.

Coffee with a view

Estimating Future Stock Returns, June 2019 Update (The Aleph Blog)

David Merkel is back! And really good piece on estimates for S&P 500 returns going forward for the next 10 years. Coincidentally, I was speaking with a friend of mine and I commented that passively managed returns will be low going forward given how low interest rates are.

The Cost of Waiting (Of Dollars and Data)

Maybe DCA needs a rethink after all. Argument applies to waiting it out too.

My thoughts on the “Upcoming Recession” (Early Retirement Now)

Or maybe not. Of course, this is for the U.S. markets. I really need to do a deep dive into ERN’s economic indicators post.