Costly Promises
All of us are human and we are, at least in some way, attracted to promises that appear to be “good deals.” The grand majority of the machinations by investors each day amount to searching…
What Is Behavioral Guidance? Why Is It Important?
I write a lot about behavioral guidance, but what does this mean? Why is it important? Simply put, behavioral economics studies how real people act in real situations. How you act and react to both…
Every Day Brings a Reason to Hide
Investors can easily find reasons to get out of the market and hide every single day. From the moment you turn on your TV, look at your phone, or turn on your computer, there are…
8 Things Keeping You from a Secure Retirement
What’s standing in the way between you and a secure retirement? How can you enjoy life today while planning for the future? Here’s the top eight obstacles we have garnered from working with hundreds of…
Will You Run Out of Money?
Going in Style is a 2017 remake of a 1979 comedy, this newer version starring Morgan Freeman, Alan Arkin, and Michael Caine. These three older guys are victims of a corporate restructuring that eliminated their…
Live Life on Your Terms
Every individual wants to live life on their own terms. Sounds simple enough, but accomplishing this can be a “heavy lift,” particularly without guidance. For most, living life on your terms means maintaining lifestyle, enjoying…
How to Assess Your Risk Tolerance
Do you have a good understanding of your risk tolerance or capacity for investment risk? Most investors think they do, but this self-assessment usually involves only the calm and rational viewpoint. What about your tolerance…
What We Know That Just Ain’t So
The 2015 movie The Big Short, a comedic drama about the lead up to the 2007 mortgage crisis, opens with a epigraph attributed to Mark Twain: “It ain’t what you know that gets you in…
How Much Do You REALLY Need To Retire?
I did a quick Google search of the top personal finance questions recently and this topic dominated most lists: How much do you really need to retire? One reason this question may rank high is…
Do You Want Product “Solutions” or Real Financial Planning?
We live in a world where cheap and easy “solutions” to almost everything abound. We go to the doctor and want a pill, rather than a program to improve our health. As an example, the…