Estimated Reading Time: 3 minutes Let’s face facts. The overwhelming majority of firms operating broadly as financial advisors are of the “lowest common denominator” variety. Traditional financial services firms (Wall Street firms, insurance companies, banks, etc.) aren’t really about “service”…
Estimated Reading Time: 2 minutes Unfortunately, we sometimes have conversations with prospective clients that we can’t help. If someone just wants to maximize investment returns, we can’t help. Focusing only on maximizing returns is really a fleeting, ephemeral aspiration that…
Estimated Reading Time: 4 minutes Most financial decisions are a battle between the world as it is and the way we want the world to be; between reality and wishful thinking. To avoid letting wishful thinking put you on the…
Estimated Reading Time: 2 minutes We live in a noisy world. Today, we are overwhelmed with more information and choices than any previous generation. This can also apply to your finances — what we like to call “financial noise.” J.E….
Estimated Reading Time: 3 minutes Investing should be done not just for good returns but for a particular purpose. That exact purpose varies from person to person but one commonality we all share is our investing lifetime. As I explain in the…
Estimated Reading Time: 3 minutes Have you ever wondered why so many investors are glued to the financial news channels and websites in a desperate search for information that might help them put their financial house in order? In my…
Estimated Reading Time: 1 minute The basic math notations we learned in elementary school can be very helpful in framing the foundational building blocks for a sound financial life. Here are my Top 14: 1. Good behavior >…
Estimated Reading Time: 2 minutes Most of us presume events of the day, particularly those within the political or financial realms, are of vital importance and will remain so in the future. When something happens on the world stage today,…
Estimated Reading Time: 2 minutes In her excellent book Thinking in Bets, author Annie Duke describes how most of us downplay the role of chance or luck in our lives. We want to believe that the quality of our choices…
Estimated Reading Time: 2 minutes Everyday life is full of a myriad of risks. From the moment that we get out of bed in the morning until we go to sleep at night, risk is a close companion. To go…
