In the face of so much uncertainty, it can be hard to think rationally when it comes to big decisions, especially around your investments. In this episode of Wise Money, Michael Andersen discusses why it’s so important to keep calm and protect yourself from acting out of fear or stress. Recognizing behavioral biases before they negatively impact your investment decisions will serve you, your portfolio, and your future self well.Read More
One of our responsibilities as an investment advisor is to help people put market news in its proper perspective, especially when the media is reporting global market corrections in the wake of political events.
If you’re reading the popular press, you’re seeing a lot of storm and fury having to do with government shutdowns, market corrections and the possibility that the Fed may raise interest rates. As the popular media scrambles to explain the unexplainable – what is going on in the markets at the moment and how long it’s going to last – we thought we’d share a headline of our own:
“The stock market is a giant distraction to the business of investing.”Read More
The good times have been rolling for so long that it’s easy to forget the sting a downturn can deliver. Those close to retirement can least afford to be lulled into a false sense of security. Here’s what they should be doing right now.Read More