When you listen to financial news commentators, it can feel as though financial markets and investment decisions are capricious and arbitrary. Over the short term, that might be accurate. However, over the long term, there are universal investment principles that may ultimately help govern your success and which guide all of our wealth management and investment decisions.
Adhering to principles like balance, consistency, and courage will help you stay on course and provide a buffer from the constant drone of crisis and fear promoted by some news and media outlets.
While I’ll share info about all three of those principles of investing, we’re going to start with consistency.
Humans are not fans of consistency, yet it’s one of the most powerful principles of investing. I cannot tell you how many clients I’ve worked with over the years who have kicked themselves for taking their money out of the market at...
In honor of Financial Literacy Month, we have been sharing daily financial tips online. Each is very simple and easy to implement. Here's a recap of our 30 financial tips for Financial Literacy Month.
Stop wasting your hard-earned money on late fees. Set your bills on autopay and never pay another late fee again.
Making one small change a day can make a huge impact on your ability to save. Making coffee at home instead of buying it out is a simple example that many people refer to. Let's say it costs $0.50 per day to make coffee at home, and it costs $2.50 to buy coffee out. If you made the switch, you would be able to save an extra $2.00 per day. Over the course of the year, you could save an extra $730 just from that one simple change. If you invested that money at a 7% annual return, you would have saved over $10,000 over a 10-year period....