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Relating Money to Life

A common question that we get from people after telling them that we own our own financial planning firm is: What do you ask clients at the first meeting? When we first sit down with a new prospect, we try to determine how they visualize their own future. Importantly, we try to parse out in […]

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The Uncommon Average

I have found that the importance of having an investment philosophy—one that is robust and that you can stick with— cannot be overstated. —David Booth – Co-CEO and co-founder of Dimensional Fund Advisor (DFA) The U.S. stock market has delivered an average annual return of around 10% since 1926.[1] But short-term results may vary, and […]

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Exhibit 1 Lessons

Lessons for the Next Crisis

It will soon be the 10-year anniversary of when, in early October 2007, the S&P 500 Index hit what was its highest point before losing more than half its value over the next year and a half during the global financial crisis. Over the coming weeks and months, as other anniversaries of major crisis-related events […]

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There is Always a Reason to Sell…Unless You Want to Achieve Your Goals

This is a guest post written by our friend William G. Chettle who is a Vice President with our partner Loring Ward. The problem with good advice is that it tends to be boring, especially when it comes to your portfolio. This is a good thing. For investors, excitement can be your worst enemy. Excitement generates […]

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Using research to time markets – Belling the Cat

Sometimes even the best of ideas are only good in theory because they are impossible to implement in practice.  This holds true to the financial world as well. Academic financial research generates hundreds of research papers each year highlighting potential ways for investors to get a possible insight on the direction of the stock market.  Many […]

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Stock investors: Focus on history not headlines – UPDATE

We wrote a post in March 2016 discussing 2 sectors that were struggling at the time.  Now seems like a good time to review the post and the outcome.  At the time the experts were stating that everyone was concerned about the future prospects of the Chinese economy and the struggling agricultural equipment industry in […]

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5 Great Quotes on Investing and How They Apply to You

We thought the following quotes from some of the most successful money managers might be useful to get the extra confidence needed to stay with your long-term plan as the markets exhibit the usual up and down movements.   The key word in the first sentence being  the “usual” volatility as stock market movements up and down are customary […]

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Planning Your Financial Independence Day

7 Steps To Plan Your Financial Independence Day

Plan your Way to Financial Freedom Most people say they plan for retirement, but they are really planning for financial independence. The day you achieve financial independence is a great day – you have accumulated enough wealth to not have to work again, and will be able to retire whenever you choose. (We use the […]

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The Decisions We Make

Every day begins with the task of decision-making. Some are such small and insignificant decisions, such as getting up early to go to the gym or what to wear to work. These decisions have minor consequences, while other decisions are more difficult to make and have long-lasting results. As I reflect on my life, there […]

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Uncertainty and the Market

Doubt is not a pleasant condition, but certainty is an absurd one.—Voltaire “The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable condition of existence. As individuals, […]

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