As professional football (NFL) continues towards the Super Bowl in early February, I wanted to highlight what one of the great NFL coaches discussed in a press conference as they were approaching this year’s season. During a press conference in August, Pittsburgh Steelers head coach Mike Tomlin … [Read more...] about Getting Comfortable With Being Uncomfortable
Behavioral Factors in Investing
Maureen and I were able to attend the on-going concert series with Billy Joel at Madison Square Garden in NYC with our friends. Billy has been playing once a month at MSG for over a year and will continue to perform as long as the shows continue to sell-out. It will probably be awhile if his … [Read more...] about We Didn’t Start the Fire
The year 2019 served up many examples of the unpredictability of markets. Interest rates that US policy makers expected to rise fell instead. American consumers’ confidence weakened as the year began,1 and news headlines broadcast fears of an economic slowdown. But investors who moved onto the … [Read more...] about Hindsight Is 20/20. Foresight Isn’t.
The first decade of the 21st century, and the second one that’s drawing to a close, have reinforced for investors some timeless market lessons: Returns can vary sharply from one period to another. Holding a broadly diversified portfolio can help smooth out the swings. And focusing on known drivers … [Read more...] about A Tale of Two Decades: Lessons for Long‑Term Investors
I came to America as an 8-year old refugee from the Vietnam War, along with my five brothers, my parents, and my grandmother. My parents were broken in spirit, but still retained enough pride to refuse food stamps and welfare assistance from our new homeland. They reminded us often that we have the … [Read more...] about Asian Philosophy and Retirement Planning
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