Investing and Politics

Who will have the greatest impact on your financial future? You or President-elect Trump? Now I know there are two groups in this country: one hates what they see going forward based on our election; and one loves it. What are the chances that somewhere in-between is the truth? What is the chance that you […]

The Good, The Bad and The Bored

We all have good days…we all have bad days…and we all have times when we feel bored. I’m going to tell you to beware all three! Why? Because when it comes to investing, any day you are feeling a strong emotion, whether it be euphoria, fear, or boredom you are more susceptible to making illogical, […]

Perception vs. Reality

It is amazing how often our perception…which may, or may not be, based on fact…becomes our reality. What we all believe is true is biased and formed by where we’ve grown up, how we were raised, our experiences, our education and more. It seems to me that the only way to battle that our perception […]

Brexit and the Boston Tea Party

Let me ask you a question? Do you perceive the Boston Tea Party as a negative historical event? I would agree that in the short-term it was not very pretty, yet in the long-term it led to the independence, formation, and growth of our great nation.  As for Britain, they too survived and continued to […]

Are Annuities for You?

While I sit here, the market is moving as usual and financial writers are having a heyday telling you what to do now. I’m often asked why I use annuities in my clients’ portfolios or why I feel some clients should own annuities. Here’s my answer and an opportune time to explain. Annuities have numerous […]

The Market is Down, So Now What? 6 Actions to Bring Sanity to Your Investing!

The market is down. There are articles and comments in social media saying it’s going to go down 90%, 40%, 60% in 2016! Who can tell you what the market is going to do tomorrow? No one. Now 300,000+ brokers are all guessing at what the market is going to do tomorrow …. Someone will […]

Emotions: Friend or Foe?

Do you understand your emotions? My job as a financial planner is to find ways to help you control your emotions and the ensuing self-defeating actions that can negatively impact your financial potential. Let’s list some emotions that can impact your potential for financial success. These emotions can lead to either a Pollyannaish or a Henny […]

7 Secrets to Find the Right Financial Coach

How do you find someone who will not waste your time, efforts or money in your quest for financial success? Whatever your biases, I believe it is critical that you find someone who can maximize your potential, time, and money. You only have so much, and there are many people who can lead you astray. […]

6 Ways to Increase Your Probability of Success

I recently talked with a man that was almost irrational with anger. Something else had performed better than his portfolio. In his career he had been a perfectionist and only the best was ever acceptable. If you only accept being the best, what happens if you are not? What happens if you can’t always be […]

Diversification Means Never Being the Best

Most have learned about the benefits of having a diversified portfolio. We know intellectually that we should diversify our portfolios. But why does having a diversified portfolio mean we never get the highest possible return? There’s always an asset class, whether it’s gold, foreign stocks, the S&P 500, the NASDAQ, or something else that is […]