Learning from the Global Financial Crisis

Learning from the Global Financial Crisis About 15 years ago the markets began to recover from the most severe economic crisis since the Great Depression. The Global Financial Crisis resulted in many jobs lost, stock markets losing half their value, and the personal and psychological toll was significant. The GFC was the greatest test of…
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Uncertainty, Outcomes & Our Decisions

Uncertainty, Outcomes & Our Decisions The brain has a lot of gray matter but hates gray areas. As a planning machine, the brain needs information that is certain so it can figure out the best course of action. And when we don’t get certain information, we get agitated. Perhaps you have said, “I don’t care…
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What Investors Can Learn from Athletes

What Investors Can Learn from Athletes Nick Saban, recently retired football coach of the Alabama Crimson Tide said, “If you want to be good you don’t really have a lot of choices.” He was referring to the choice to either be disciplined or not to a specific process that would lead to success. No one…
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You Don’t Invest To Get Rich

You Don’t Invest To Get Rich “You don’t invest to get rich. You invest to preserve and grow wealth.” – Aswath Damodaran How do you define wealth? How do you define being wealthy? If you don’t invest to “get rich”, then how are you supposed to become wealthy in the first place? Defining Wealth Enjoy…
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March Madness – Stock Market Edition

March Madness – Stock Market Edition As we prepare for basketball’s march madness tournament, it is a good time to reflect on how maddening the stock market can be. What causes the madness of the markets? Many things, but one of the greatest frustrations to investors is the significant fluctuations in asset prices, or volatility.…
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The Illusion of Investment Skill

The Illusion of Investment Skill Have you ever made an investment decision and used the immediate outcome to determine your own investment skill or lack of skill? Did you know that this is the WORST way to determine whether and investment decisions was good or bad? How Do We Judge Decisions? Well then, how do…
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Are We Due for a Change?

Are We Due for a Change? In January the stock market, despite years of high interest rates and recession concerns, hit a new all-time high. This was largely driven by strong corporate earnings, a robust job market, and improving consumer sentiment. Whenever the market is on a long winning streak or even hits new highs,…
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Does Your Rope Have Slack In The Line?

Does Your Rope Have Slack In The Line? Enjoy this analogy of The Rope of Life! The Rope of Life Does your rope have slack in the line? Or is your rope of life tight with no margin? Financial Planning and Having Margin Learn how this analogy ties into financial planning and tackling financial goals…
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Succeeding at Self-Control

Succeeding at Self-Control Self-control is an important characteristic to develop that can help us in all aspects of our lives from biting our tongue, to passing on the sweet treat, to accomplishing our New Year’s resolutions. But it isn’t easy! In fact, it can be downright painful, especially when trying to control some urge. It’s…
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How Your 401(k) Is Like An Oven

How Your 401(k) Is Like An Oven Are you frustrated with your 401(k) account? Is Your 401(k) a Scam? Do you think that your 401(k) is a scam or just doesn’t work? Realize that perhaps it’s not the 401(k) account’s fault! It’s Like Baking A Cake Your 401(k) account is akin to an oven when…
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