Why investor should never listen to a pundit

Why investor should never listen to a pundit

As market volatility increases, you hear more and more experts weighing in on what you should do, when you should do it, and where the market is heading. A pundit is defined as an expert in a field who gives his opinions to the public. In contemporary form, let’s look...
Reinventing Your Monetary Mindset One Dollar at a Time

Reinventing Your Monetary Mindset One Dollar at a Time

Despite how it is spent, a dollar is simply a dollar. Except it’s not. For most people, knowing where a dollar comes from or where it is kept can make the difference in how that particular dollar is spent. In the 1960s, Michael Landsberger, an economist with the Bank...

SALE!!!!!!

I have had more than one alarmed call recently-What should we do? Should we sell everything and buy gold? Is the market going to crash this fall? What are we going to do? I have a few clients who, impervious to the fear and greed that sidetracks most investors, call...

Goldilocks Redux

In my world (i.e. financial services), everyone is sure they are smarter than the Fed (especially Ben Bernanke and Janet Yellen). If I had a dollar for every utterance (in print, at conferences, by TV pundits, etc.) about how stupid these two people are, I would be a...

I hold these truths to be self evident

Well, I now have over twenty years of learning as an investment advisor, so…it is time to pause and take stock. Learning is often a bit painful in this business as you can’t take decisions back and ask for a do over. As things change and I learn more, there are some...