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Investors and the Marshmallow Test

Have you heard of the marshmallow test given to small children? The test is used to determine children’s patience and the overall impact that patience may have on their lives.  How does that relate to us as investors?  Quite a bit – it turns out. The marshmallow test, as it was later referred, was conducted by a […]

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Has anybody here seen my old friend Harry?

Has anybody here seen my old friend Harry? He’s right here. As I am writing this, I am sad. Not a little sad, as in I am having a bad day, but overwhelmingly sad to say goodbye to my father. I have written in the past about the journey of saying goodbye to a parent, […]

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Between You and the Big Mistake

I remember when I was young and I loved school.  So much so that I would play school at home, pretending to have homework assignments, story time and of course recess.  I was quite fanatical about keeping all of my notebooks neat and organized.  I preferred writing with pencils because it you made a mistake, […]

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Living with Volatility, Again

Volatility is back. Just as many people were starting to think markets only ever move in one direction, the pendulum has swung the other way. Anxiety is a completely natural response to these events. Acting on those emotions, though, can end up doing us more harm than good. There are a number of tidy-sounding theories […]

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Protect Yourself from Your Aging Brain

Old age should come with a  caution label. As we have often discussed on this blog, most of us should be expecting to live longer than our parents or grandparents. And while this longevity can be beneficial, it also comes with some difficulties. We’ve addressed the major difficulty of making sure that your income can keep pace with […]

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Save More Tomorrow: 401 (k) Strategies

Even when employees are lucky enough to have a 401 (k) plan offered by their employer, they are not saving enough to have sufficient funds in their savings account to maintain their lifestyles after they retire.  This sobering fact is from the Center of Retirement Research for the Wall Street Journal using data compiled by […]

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Working with Clients Focused on the Long Term

At Crimmins Wealth Management, we work with individuals to focus on their long-term goals by helping clarify what they are trying to achieve in their life.  This discussion covers the long term goals such as maintaining a lifestyle in retirement and possible legacy issues.  To drive home this message we thought what better way than with some humor. […]

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Two Investing Lessons from the U.K.

The following video is by Sensible Investing.TV based in the United Kingdom.  The video addresses two key lessons learned from academic investing research according to Professor Jens Hagendorff  from the University of Edinburgh.  The first lesson is that it pays to have a diversified portfolio, not only in asset classes but in geography (meaning investing in […]

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Last Year’s Stock Market Winner

The large publicly owned U.S. companies earned 1st place among the asset classes with excellent returns for 2014, as indicated by the S&P 500 index.  The S&P index tracks the largest U.S. companies traded on the New York Stock Exchange. The index rose 11.39% for the year, and the total return with reinvested dividends was […]

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Using the Treadmill to Financial Success

Our central philosophy on investing is that the most important determinant of one’s lifetime investment returns is one’s own behavior.  However, when most people hear that I am a retirement income planner or financial planner, they begin to discuss how the current markets are doing or ask my opinion on a particular stock or mutual […]

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