Previous generations saved money to their portfolios with no intention of selling in the short-term, because they needed that money for the long-term. Our ancestors had the advantage of not being distracted by the 24-hour news media. When you are constantly reminded of investments, the best thing to … [Read more...] about VIDEO: What Can We Learn From Previous Generations About Investing
Behavioral Factors in Investing
We Are Investors! Re-visited
We Are Investors! Spring has officially arrived for the season and for stock investors, with most U.S. stock indexes nearing record highs. But one year ago this past Tuesday, U.S. stocks hit bottom in the pandemic panic. As of March 23, 2020, the S&P 500 had fallen 34% in five weeks, one of … [Read more...] about We Are Investors! Re-visited
VIDEO: Focus on Avoiding Mistakes
Most of us can improve our investment performance just by avoiding mistakes that cost us a lot of money. One mistake is having short-term focus. Don’t look at the day-to-day performance or focus on the short-term noise. And the best way to avoid mistakes is to use a financial adviser — not just to … [Read more...] about VIDEO: Focus on Avoiding Mistakes
Working with Clients Focused on the Long Term
At Crimmins Wealth Management, we work with individuals by helping them clarify what they are trying to achieve in their life. This discussion usually results in uncovering long-term goals such as maintaining a lifestyle in retirement and possible legacy issues. To drive home this message of the … [Read more...] about Working with Clients Focused on the Long Term
How the Washing Machine Changed the World
This video post deals with the ever-improving world as told in a TED talk by Hans Rosling. Hans who died in 2017, was a Swedish physician and statistician who collected statistics, and his own showmanship to illuminate facts and trends that were revealed by the data. In a series of presentations … [Read more...] about How the Washing Machine Changed the World
Waze Your Investment Portfolio
By now, most of us have used driving directions apps such as Waze or Google Maps to get directions, a live traffic map and road alerts. What a great technology for traveling in congested areas. One of the great features of these new apps is their ability to help guide you through traffic to get … [Read more...] about Waze Your Investment Portfolio