Greatest Hits

December 2, 2025 — Is a stock market crash just around the corner? It's a question on a lot of investors' minds these days - in this note, we'll explore a few different approaches to answering this question, including a detailed explanation of our favorite.

December 27, 2024 — They say that money can't buy happiness...but if you could, how much would you be willing to pay for it?

September 11, 2025 — We steer our financial course through life choosing how much to spend and how to invest what's left, periodically updating our choices as circumstances evolve. It's a pretty simple problem to put into words, but finding an optimal solution has occupied some very bright minds since Harry Markowitz got the ball rolling 60 years ago.

June 18, 2025 — Converting a Traditional IRA to a Roth IRA – commonly called a “Roth conversion” – is a process that allows you to move retirement savings from a traditional IRA to a tax-free Roth IRA...

March 3, 2025 — Here is an idea that defies conventional wisdom: the stock market has delivered most of its return in the night-time, when it’s fast asleep. Wait, what?

September 9, 2024 — When we think broadly about how to invest, a good starting point is to figure out how much of our wealth we want to invest in major stock markets and how much to keep in safe investments.

September 26, 2024 — In Back to the Future II, time travel enables Biff to become a gazillionaire by bringing a sports almanac back from the future. We thought it might be instructive, and certainly entertaining, to make a less fanciful version of this dream a reality.

August 25, 2025 — One of the most common questions we get at Elm is how we determine what asset classes qualify for inclusion in the Risky and Safe asset buckets in our portfolios and recently launched ETF.