As the case I’m going to describe would indicate, it is a solid myth that divine inspiration can feed your greed. That is so wrong on so many levels, isn’t it? But some investors apparently didn’t think so. (this blog post is based entirely on the case described in Wealth Management magazine regarding two Utah […]
Divinely Inspired Algorithms Can Beat the Market Read More »
Would you like to know why I’ve gotten zerofreaked-out calls or emails from my clients because of the coronavirus, political upheaval or [insert your own freak-out factor]? It’s because we’ve already tested even worse scenarios (like the 2001-2003 recession) in their written retirement financial plans and they know they will be OK. However, that doesn’t
6 Financial Steps You Should Consider NOW Read More »
I’ve always believed a universal fiduciary standard should exist for anyone who gives advice to others that can affect- and ruin -lives, whether it’s journalists, bankers, stock brokers, teachers or wedding planners. I don’t know why the fiduciary focus is strictly on finances. If you hold yourself out as an expert, you’d better not be
Top Three Influencers of Fiduciary Advice Read More »
I’m reposting this financial mostly-a-myth because of the recently and rapidly growing list of “mistakes” made by our president and virtually every one of his inner circle. I confess that my first reaction to outrageous behavior is, “there oughta’ be a law!”. One way I attempt to keep up with the times is to
There Oughta’ Be a Law! (repost) Read More »
I confess that my first reaction to outrageous behavior is, “there oughta’ be a law!”. One way I attempt to keep up with the times is to watch TV at least once a week, usually a news program on Sunday morning. Holy cow! A dozen “there oughta’ be a law!” incidents come up in
“THERE OUGHTA’ BE A LAW!” and Mexico Read More »
This post heading is NOT a myth, for once. Think about common risks in your life and the tactics you use to minimize or avoid them. If you’re trying to lose weight then you burn more calories (read: Exercise) and consume fewer or at least better calories (quality proteins, greens, fruits & oils versus sugars,
THE TWO MOST IMPORTANT FINANCIAL TOOLS FOR 2017 Read More »
I want to profusely thank Brian Love for his excellent Behavioral Finance article in the latest issue of Financial Advisor IQ (The Incredible “Shrinking” Advisor). Love’s article reiterates why the most important aspect of our profession is not securities analysis or projecting rates of return. So I title this post with the myth that you should