Situation: Investors believe that portfolio strategy is a modern creation. My Take: Historical accounts of yesteryear paint different viewpoints. Solution: Wonder back a few centuries to appreciate theories of today. “In giving advice seek to help, not to [...]
Situation: Practically everyone has heard of investing clichés. My View: Learn to recognize those clichés applicable to you. Solution: Mastering true meanings of clichés improves your lot. “You sell when people are greedy and buy [...]
Situation: Practically everyone becomes emotionally attached to stocks. My View: Find ways to recognize investing emotions that lead you astray. Solution: Turn costly bloopers into practical wisdom for the long haul. “Attitude is a [...]
Situation: Recent market mayhem has spooked many investors. My View: Stock and bond markets cannot be managed by investors. Solution: Taking charge of market interactions regains portfolio control. “To conquer fear is the beginning [...]
Situation: Too many nest eggs suffer from a lack of diversification. My View: Adopt diversification strategies that help long-term objectives. Solution: Suitable action is priority for well-designed portfolios. “I know not what the future holds, but [...]
Situation: Much is learned from a detailed review of investment personalities. My View: Investment personalities teach us a great deal about investing comfort. Solution: Adopt the most suitable investment personality to reach your goals. “If you [...]
Situation:Many investors can’t wrap their mind around long investing time horizons. My View:A sensible time horizon is a must to accumulate and spend the nest egg. Solution:Learn to live with investment time horizons lasting 20 years, or more. “Pick battles [...]
Situation: Most investors are not prepared for market corrections and advances. My View: Finding personal motivation to plan your wealth is the starting point. Solution: Mull over your action plan for implementation as markets rise or fall. [...]
Situation: You worry about the lasting effects of a severe market crash. My View: Worrying constantly does not contribute to smoother investing. Solution: Design and follow your long-term asset mix that manages risks. “October. This is [...]
Situation: Your investments lack fit and purpose with personal goals. My View: Investments with clear fit and purpose deliver best. Solution: Seven simple steps help untangle your investing muddle. Great minds have purposes, others have wishes. [...]