How Long Will Interest Rates Stay This Low?

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Over the last seven years or so, investors and especially retirees have been challenged to find decent investment income in this historically low-yield environment. To put this problem into perspective, consider that if you had $250,000 in a…

Cure Financial Illiteracy and Become Better Aware of Your Decisions

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I recently came across an interesting article discussing financial literacy in America, or rather the financial illiteracy that is prevalent in our country. The article discusses a simple survey that has been conducted by the Wharton School…

Achieving Your Goal of Sticking to Your New Year's Resolution

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Well it’s that time of year again when we promise to make significant changes to better our lives, only to have them long forgotten by the time Valentine’s Day rolls around. It got me thinking- why do most people fail to keep their New…

If Things Are Going So Well, Why Do I Still Feel So Anxious?

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With the stock market setting new highs, the unemployment rate down in the mid 5% range, and gas prices below $3 a gallon; you would think that people would be more upbeat. Yet, when I meet with clients their mood tends to be more tepid.…

Is Fear Driving the Markets?

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Well, the long anticipated stock market correction may have finally arrived. Maybe. For the first 9 ½ months of the year it appeared that the stock market was on its way to yet another double digit increase. The Dow Jones Industrial Average…

Why Smart People Make Dumb Investment Decisions

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We all know the rules of smart long-term investing. Buy low, sell high. If you think about it, it’s pretty simple stuff.  And yet, most investors insist on doing exactly the opposite. They get sucked in by the buzz of all the noise surrounding…

Words of Wisdom from Warren Buffett

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Over the years, Warren Buffett has passed along many words of wisdom to the business and investment world. One of his more notable and tireless theories is how good ideas can go disastrously wrong. According to Buffett, many times he has…

Don’t Invest in Things You Can’t Easily Explain to a Friend

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“At Wal-Mart, if you couldn’t explain an idea or a concept in simple terms on one page of paper, Sam Walton considered the new idea too complicated to implement.”̶ Michael Bergdahl, Wal-Mart A good rule of thumb is to only invest in…

Don’t Confuse the Opinions of Traders with Those of Investors

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Occasionally someone will ask me a question regarding a comment they recently heard, or a story they have read. It usually goes something like this: “I just heard a guy on CNBC that sounds pretty convinced that the stock market (or bonds,…

What's Driving the Markets - Reality, Emotion or Perception?

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The other day as I was driving in my car, an interesting thought popped into my head. I imagined that I was like Tom Hanks in the movie, “Castaway,” and just returned from being stranded on an island by myself after almost five years. During…