Financial Investment Advisor Blog
The world today is shrouded by uncertainty. We are faced with a pandemic the likes of which has never been seen in modern history. All have struggled to adapt to the new way of the world and one of the areas hit hardest was the job market. In a recent study from NBC News, it…
The greatest enemies of the equity investor are expenses and emotions. —Warren Buffet Fear, anxiety, and greed can make us impulsive. These emotions can blind us to logic and make us vulnerable to all sorts of biases. That’s never more true than when we feel threatened or stressed. When emotions run high and impulse takes over,…
We’re dealing with more uncertainty than most of us have ever faced before. And as the months drag on, the stress of not knowing what comes next is taking a toll. How do we make smart decisions when we’re stressed out and everything is uncertain? We can learn from how Navy SEALs deal with stress…
Current data tells us that the economy is in a steep contraction due to the coronavirus. We don’t know how long it will last or how long the economy will take to recover. How can we protect ourselves when we can’t predict the future? I made a short video showing you exactly how the most…
Imagine this… There’s a burglary in your neighborhood (not your house fortunately), but you have a 2-week trip planned and no one will be home. What do you do to protect your home while you’re away? Do you take precautionary measures? Talk to neighbors and ask them to keep an eye on your house? Maybe…
Do you put sunscreen on after you get sunburned? Click on your seatbelt moments before a crash? Go shopping for a fire extinguisher as an oil fire blazes in your kitchen? Accidents are sudden. They can come out of nowhere — just like market volatility and downturns. Sometimes there are predictors. Other times there aren’t. We are either prepared…
Do you know what one of the number one causes of market losses during an election year is? Fear.1 In fact, the uncertainty of the elections can stoke your fears. It may even encourage you to make rash, emotional decisions.1 That can lead to losses, but it doesn’t have to. If you know the facts…
If you’re within 5 years of retirement, there are a handful of easy “thought exercises” you must do that can make or break your retirement plans. You’ll see how powerful these are in a second. The problem is, many people put them off, thinking, “I’ll get to that later … it doesn’t matter right now.” Years later,…
What’s your standout memory of the past year? If you’re like most people, the first thing that comes to mind is something you didn’t do. That’s because most people tend to overlook their accomplishments at the end of a year. We’re not doing that in this month’s Visual Insights Newsletter. Instead, we’re looking back at…
We call them “zombie” plans… The old 401(k), 403(b), or 457 plan that’s practically left for dead, neglected, and untouched with your old employer. What you decide to do with your old “zombie” plan is critical, no matter if you’re still working, recently changed employers, or knocking at the door of retirement. Your employer plan is typically…
