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Welcome to Roots of Wealth. A financial blog focusing on life, planning, and interesting information worthy of sharing with you.
Roots of Wealth is proudly managed by Crimmins Wealth Management Located in Ramsey, NJ.
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Knowledge: A look at Collective Knowledge & How it Makes Us Better

September 4, 2019 by Maureen Crimmins Leave a Comment

They say that knowledge is power.  Without knowledge, we cannot be successful in life or truly know what we like or what we’re capable of.

The world is full of information, however we need to take the information that we receive, process it, and determine if it is useful for our lives.  We can also use our knowledge to determine when the information contains too much noise and filter what we really need to know and help us keep the proper perspective.

This article written by a financial journalist, coyly points out that financial market reporting is just noise that doesn’t really matter to most investors. The damage of constant loud noise is that it can scare inexperienced investors to act on “useless” information.  Knowing how to exercise patience is key to successful investing.  Journalistic Noise:

stock market photo

The Power of Markets:  This video displays how collective knowledge of millions of buyers and sellers, results in better market returns.  Together, we know more than we know alone.

Power of the Markets:

Have A Wealth Management Question? Click Here To Ask Dan

Knowledge is right at our fingertips. Your phone apps can be great tools to living your best life. Finding the right app for you can be daunting, so thanks to the collective knowledge of others, here is a list complied of the best self wellness & fitness apps.

Apps to Explore:

phone apps photo

 

 

 

 

 

Hope you have a great week!

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN

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