August 27, 2021

The Cycle of Market Emotions

I like to say there are eight different emotions we have when investing in the stock market: Optimistic Excited Elated Concerned Nervous Alarmed Frightened Relieved And they will cycle in that order and follow the up and down chart of the stock market. When people …

July 20, 2021

Fear and Greed

Fear and greed are the two most essential emotions when it comes to our financial well-being. When I first meet with people, I identify which camp they reside in because everything going forward will be dictated by their emotional fear or greed. The overwhelming driver …

June 20, 2021

Have an Investment Philosophy and Stick to It

With an investment philosophy, you always know how you will invest and why. For example, let’s say you decide to go on a long cross-country hike to a beautiful mountain lake. It will take a couple of days, and the path will be steep and …

April 23, 2021

Investment Principle #10: Plan for Inflation

“Inflation is taxation without legislation.” —Milton Friedman, Noble Laureate in Economics A typical 65-year-old baby boomer couple has a joint life expectancy of 30 years, meaning there is a high probability that at least one of them will live to age 95. And 30 years …

March 24, 2021

To Bit or Not to Bit?

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. I have been fielding many questions as well. Here is an article presented by Dimensional Fund Advisors, DFA. …

February 23, 2021

Think Investing Is a Game? Stop.

With the recent volatility and swirling news around GameStop and Robinhood, along with Congressional hearings regarding this latest episode of irrationality, I want to pause our regular series of Investment Principles blog posts and share a paper written from David Booth, Executive Chairman and Founder …