Emotional Trading

Diversification Defined

Diversification Defined

Last week was a reminder of the value of diversification. A bank that focused on a niche portion of the economy succumbed to “unexpected” events. The fallout took down the investors, but not the depositors. This is a serious issue for those directly impacted and a...

Recession?

Recession?

Two consecutive quarters of negative GDP (Gross Domestic Product) – this has been a reliable rule of thumb to accurately determine if a recession has occurred. The National Bureau of Economic Research (NBER) uses more complex formulas to officially declare a...

Fear – there’s a financial plan for that

Fear – there’s a financial plan for that

During his inauguration speech, Franklin D. Roosevelt left us with these famous words, "So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself – nameless, unreasoning, unjustified terror which paralyzes needed efforts to...

Financial Trends You Should Fear in 2022

Financial Trends You Should Fear in 2022

The financial world is evolving incredibly fast. A wild and emotional 2021 introduced meme-investing, new crypto assets, social media influencers, and a rabbit hole of many more innovations riddled with excitement, uncertainty, and fear. Unfortunately, the fear of...

Emotions and Your Financial Journey

Emotions and Your Financial Journey

Emotions play a role in many facets of life, and many of us experience several of them daily. You may experience pure joy and happiness when a child is born and anger when that child does something to upset you later in life. Everyday emotions play into our...

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