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, […]

Do Financial Contradictions Affect Your Life?

We know what contradictions are, but what are financial contradictions? They are thoughts, feelings and actions regarding your investments and financial plans in the short-term that oppose what you set out to achieve with the same investments and strategies over the long-term. Financial contradictions are rooted in unrealistic expectations. Unrealistic expectations about… 1. The market […]

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 […]

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 […]

Why I Still Wear a Tie

It’s interesting that as life goes on, I watch myself get old. Today at 60, many things have changed. Cars are faster and more efficient, people are busier, communication is immediate, and we are much more casual in how we dress at work. I see the benefits of new technology and embrace them with ease, […]

What You Shouldn’t Be Watching

Returns! Being obsessed with returns is probably the most underrated weakness of the investor.  Does it make sense to look at short-term returns? I believe not. I’ve found it makes more sense to talk about whether we’re on track rather than returns. There will always be something hotter and with a better return than what […]

How to Invest for the Next 100% Swing

I could sit here tonight and write about what the markets will do tomorrow. There’s a good chance that what I write will be correct. And if I was right, would you attribute that to brilliance or luck? We would all like to be able to predict, or have someone predict for us, what the […]

7 Ways We Blow Up Our Bus

In a prior post, I compared the journey of our lives to that of a bus trip, and discussed how important it is to assess who we’ve invited to join us. Those on our bus can either add energy to, or halt our journey. However, it’s equally important to make sure we aren’t unintentionally sabotaging […]