Will knowing what they are help you make better decisions? Humans are thinking and feeling beings. We make decisions both cognitively and emotionally. As investors, we incorporate objective information, past experiences, assumptions, beliefs, and feelings—among a host of other factors—to make economic decisions. Unfortunately, we also fall prey to a variety of biases that can …
Tag: investment advice
One Less Pork Chop
From time to time I get emails that list the most popular articles that appear in certain financial magazines. As you can imagine, someone is trying to get me to subscribe and spend money on their publication, which is OK. This is an article that continues to show up even though its not very long. …
J.P. Morgan Weekly Market Recap – December 19, 2011
Check here for your weekly market recap from J.P. Morgan.
What to Look for From the Fed in 2012
There are politicians out there who believe the Federal Reserve should be abolished and assert it has no place in contemporary American life and economics. I think they are full of ___ and simply have an ulterior motive. Do I agree with all the moves made by the Fed to control the flow of money? …
Can Wall Street Thrive Again?
Most readers of this blog understand that when asked what I do for a living, my usual response is that “I’m in the money business. I help people grow their money.” This article by Geoff Colvin sets the stage for what you can expect from the markets in 2012. It’s a helpful summary that puts …
Weekly Market Recap – 13 DEC 11
Check here for your weekly market recap from J.P. Morgan.
Star Stock Pickers Struggle to Beat Index
Until April of 2011, I was in the camp of those advisors scratching our heads, trying to figure out where the markets were heading. The idea is always to help our clients make money with their investments, since that’s the best way for us to make money. However, last April I started moving my clients …
Unemployment Rate Falls to Lowest Since March 2009
By Christopher S. Rugaber WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down …
Continue reading Unemployment Rate Falls to Lowest Since March 2009
U.S. Clutching for Straws With Energy Independence
Two key paragraphs from the latest comments from Tom Barnett as they appeared last Monday in the World Politics Review. The United States is on the verge of an industrial renaissance, according to energy experts enthusiastic about technological advances surrounding the “fracking” of shale gas and the processing of “tight oil.” America is sitting on …
Continue reading U.S. Clutching for Straws With Energy Independence
Fidelity: 401(k) Balances Drop 12% in 3Q
(I don’t know about you but I’m getting really tired of all the woe and gloom that pervades our lives. At first glance, this post is much the same. But if you get to the end and have time, watch the presentation I created by clicking on the last line. For me its a ray …
Helping Define Your Financial Future 