Work on building general resilience so that you can have resilience in times of financial, health and emotional crises. It isn’t always easy to stay calm when other investors are panicking. The best strategy in any time, up or down, is to follow your plan. It’s during a crisis that having a … [Read more...] about Video: Why Resilience is So Important
Behavioral Factors in Investing
With activity in many industries sharply curtailed in an effort to reduce the chances of spreading the coronavirus, some economists say a recession is inevitable, if one hasn’t already begun.(1) From a markets perspective, we have already experienced a drop in stocks, as prices have likely … [Read more...] about Market Downturns, Then Upturns
I will chalk this one up to just plain luck. A couple weeks before the coronavirus 19 took over our lives, I finished reading a powerful book entitled, “The Power of Bad - How the Negativity Effect Rules Us and How We Can Rule It.” Timely indeed. The book describes why all humans tend to think … [Read more...] about Optimism is the Only Reality
Maureen and I were lucky enough to recently visit the Caribbean island nation of Jamaica. It was our second visit to the tropical island and we enjoyed the beautiful landscape and friendly Jamaicans. One of the excursions that we enjoyed was visiting the Mayfield Falls which requires a treacherous … [Read more...] about Forced to have Patience – Maybe a Cure for Investors!
For investors, it can be easy to feel overwhelmed by the relentless stream of news about markets as a result of coronavirus 19. Being bombarded with data and headlines presented as affecting your financial well-being can evoke strong emotional responses from even the most experienced … [Read more...] about Tuning Out the Noise
Only Focus on Things that Matter - Robin Powell and Financial Journalist Carl Richards We have added a new category to our blog posts - Videos. Our first video is a reminder to focus on the intersection of both the things that matter AND the things that you can control. Carl Richards helps … [Read more...] about Video: Only Focus on Things that Matter