
4 Easy Tricks to Avoid Getting Emotional About Your Investments
Whether you’re new to the stock market or a seasoned investor, it can be hard to keep your emotions in check.
Whether you’re new to the stock market or a seasoned investor, it can be hard to keep your emotions in check.
It may sound strange to hear a financial advisor say this but achieving the things you care about most requires more than just money. There are certain habits and behaviors that, while not directly related to finance, can spell the difference between reaching your goals or not.
When it comes to helping people reach their goals, most financial advisors tend to focus on areas like investing, tax planning, and other money-related topics. I am no exception. After all, these things are critically important if you want to save for retirement, start a business, travel the world, or simply leave a legacy for your family.
When it comes to proper diversification, it’s important to allocate your money according to valuation, not some overly-hyped Wall Street formula.
As we approach opening day of Little League baseball season it got me thinking about the parallels between the Rule Book of Little League Baseball and the Rules of the 401(k) game.
If I told you that people who perform their own auto repairs experience almost double the car problems compared to those who use an experienced mechanic, would you be surprised? What if I said that people who try to invest for retirement on their own have almost 50% less in their accounts than those who use an experienced financial advisor?
As 2019 approaches, and with US stocks outperforming non-US stocks in recent years, some investors have again turned their attention towards the role that global diversification plays in their portfolios.