Investors have been on a wild ride the last 14 months. But now, as we approach the halfway point of 2021, we find ourselves in the midst of the largest monetary experiment in history. Regardless of economic, market, and fiscal conditions, there are generally only four financial elements that the average person can control. And, these are the keys to building a “rich” life.
Spurred on by Reddit traders, crypto zealots, and even celebrities, the lure of easy riches are bringing excitement and a flood of dollars to highly speculative assets. Today, we’ll talk about a few of the tiny bubbles you’ve probably heard so much about lately.
Experiencing extreme downside volatility can feel like life’s handing you a whole lot of lemons, even if it is a normal occurrence. However, these periods can also afford us the opportunity to make lemonade!
Wishing you a Happy New Year feels like a remarkable understatement. Don’t worry - I won’t subject you to a rehash of 2020 and the incredible challenges the year brought. I will, however, point you to a few interesting tidbits that hopefully frame a better 2021 and beyond.
The end of the year is fast approaching (although some would say 2020 can’t finish fast enough!) But, there’s still time to make moves to improve your financial plan and tax situation before the calendar turns. We’ve got you covered with our 2020 year-end planning guide.
Never interrupt compounding unnecessarily. Psychological and behavioral biases may cause investors to make decisions with their portfolio that have a negative impact on their long-term investment success. Here's what to do about it.