In the Media
It’s a double whammy. Large shares of portfolios are concentrated into fewer stocks, which trade at very risky valuations. Yet so many retail investors and professional advisers alike continue to choose index funds for equity exposure.
February 5, 2026
“Quality is a vague metric but typically includes any fundamental factor that isn’t defined as value or growth,” said Asher Rogovy, the chief investment officer of Magnifina, an SEC registered investment advisor firm.
January 20, 2026
“Every time I’ve seen a client with 12b-1 mutual funds, I’ve been able to find a lower-priced alternative with virtually identical portfolio effect,” says Rogovy.
January 13, 2026
“Financial adviser is not a regulated term. Look for representatives of an RIA firm for true fiduciary advice,” says Rogovy.
January 5, 2026
Rogovy said he’s met many investors who think that individual stock investing involves catching a meme stock or picking the next NVDA. “These are games that many investors don’t want to play,” he noted.
November 24, 2025
Rogovy says he’s seen this advice appear in many articles that even predate AI. He attributes this to certain similarities between human thought and AI — that both tend to recycle what they’ve read most often.
November 12, 2025
“To achieve 15% to 25% returns, smart investors take concentrated positions in a handful of individual stocks,” Rogovy said. “Let me be clear, this approach can bring significantly more risk. Fortunately, there are plenty of investment advisors who engage in active investment management and performance-focused investing strategies.”
November 6, 2025
Still, there are risks in relying too heavily on AI trading strategies. “So many AI models are based on patterns in text and words, but investing is a numbers game,” said Rogovy.
November 5, 2025
As Asher Rogovy, CIO of Magnifina, noted, “you don’t know if the person behind the username is a smart investor, a lonely widow, a company insider or a bored teenager.”
August 30, 2025
“Buffett’s BNSF railroad purchase was surprising at the time,” said Asher Rogovy, chief investment officer at Magnifina, LLC in New York City.
August 29, 2025
“REITs are a great way to gain diversified exposure to real estate,” said Asher Rogovy, chief investing officer at Magnifina, a registered investment adviser with the Securities and Exchange Commission. “Exchange traded REITs also have the benefit of liquidity, whereas individual real estate investments might last decades.”
July 24, 2025
Asher Rogovy, chief investment officer of the advisory firm Magnifina, recommends starting with index funds.
“They can hold hundreds of stocks. With so many stocks, investors can earn a typical return without worrying about a catastrophic loss from a single bad company,” he said.
July 15, 2025
Dividend stocks are still stocks, and business prospects can and do change significantly, said Asher Rogovy, chief investment officer of Magnifina in New York City.
“Some companies must cut their dividend in response to economic weakness,” he said. “Also, since dividend payers are stable businesses, they won’t grow as quickly as others.”
July 14, 2025
“When retiring on investment income alone, it is important to address all the risks,” said Asher Rogovy, chief investment officer of Magnifina, an SEC registered investment advisor firm.
June 29, 2025
“Diversification helps to avoid unpredictable risks specific to a single company,” said Asher Rogovy, chief investment officer of Magnifina, LLC. “These risks are rare but can ruin a portfolio concentrated into just a few positions.”
June 26, 2025
“It’s not as simple as simply trading a portfolio of growth stocks for dividend stocks upon reaching retirement,” [Rogovy] said. “Rather, we gradually shift the portfolio’s focus as retirement approaches.”
May 22, 2025
“If you have a long-term horizon, don’t stress yourself out by looking at the number every single day,” Asher Rogovy, the chief investment officer at Magnifina, said. “Over the long term, investors are more affected by compound returns than short-term volatility.”
April 9, 2025
“Restaurant spending provides an early view into consumer confidence because it’s one of the first expenses people cut when they’re worried about finances,” Rogovy said.
March 25, 2025
“Essentially, the portfolio is collateral to borrow funds for investing in excess of the portfolio’s total cash value. For example, an investor may gain 150% exposure to the stock market by using margin,” says Rogovy.
January 17, 2025
“The best-known investors built their fortunes over decades with careful and deliberate research, analysis and stock selection,” Rogovy said.