Research

Following the recent ascent of the Japanese stock market, one is reminded of the risk that a buy and hold strategy may not always prove successful.  As a teenager growing up in the late 1980s, it seemed all but certain that Japan was taking over the world. Japanese...

Summary¬† The BOXX ETF provides returns that closely track those of Treasury bills. Due to a quirk in the US tax code, BOXX ETF profits are taxed as capital gains, not investment income. That means that long-term holders of BOXX pay long-term capital gains rates which can be...