By failing to prepare, you are preparing to fail. Benjamin Franklin (1706-1790) American statesman, scientist and philosopher. What is the benefit for taking the time to envision and plan for the future you desire? That is what each prospect consciously or subconsciously thinks about before … [Read more...] about Securing Your Dignity in Retirement
Behavioral Factors in Investing
Over the course of a summer, it’s not unusual for the stock market to be a topic of conversation at barbecues or other social gatherings. Occasionally, a neighbor or relative might ask about which investments are good to buy now. The lure of getting in at the right time or avoiding the next … [Read more...] about Timing Isn’t Everything
Sometimes you just have to be patient Maureen and I were fortunate enough to be invited to a New Jersey Devils hockey game as they took on the New York Islanders. Our good friends Jeanne and John have excellent seats at the Prudential Center, and we were excited to see this fast-paced game in … [Read more...] about When will a Hockey Goal be scored?
Investment fads are nothing new. When selecting strategies for their portfolios, investors are often tempted to seek out the latest and greatest investment opportunities. Over the years, these approaches have sought to capitalize on developments such as the perceived relative strength of … [Read more...] about Déjà Vu All Over Again
Any handyman knows that you must have the correct tools in order to effectively complete the task at hand. As somebody who is less than handy, I have learned over the last few years how true that statement is. As most people with the same skill set, I only have the basic tools: one hammer, a … [Read more...] about Are you using the right tools?
We do not have, never have had, and never will have an opinion about where the stock market, interest rates or business activity will be a year from now. —Warren E. Buffett, the world's most admired, least imitated investor, in his annual letter to shareholders 30 years ago this month, dated … [Read more...] about The Moving Finger Writes: Thirty Years On