If you have been paying attention to financial markets for the past eight years you may have noticed that we are in a bull market. You may be wondering what you should do. If so, you are in the right place. There are three types of investors when it comes to a bull market: Overly confident … [Read more...]
How should I invest in a bull market?
Overcome Confirmation Bias to Avoid Financial Ruin
Author: Brent Lemieux CFA® CPA Your biases can have extremely large, negative impacts on your portfolio. One of the most pernicious biases is confirmation bias. The confirmation bias is the tendency to seek out and favor information that confirms what we already believe, while ignoring the … [Read more...]
The Election and Your Biases
Author: Brent Lemieux CFA® CPA No, I’m not talking about your political biases even though we all have those whether we care to admit it or not. I’m talking about your investment biases, in particular "recency bias", and how it negatively impacts our portfolios in good times and scary … [Read more...]
What You Should Know About Dialing 211
Author: Emily Tierney CFP® Americans know that at any time they can pick up the phone and dial 911 to immediately access an emergency dispatch office. What about dialing 211? A client recently mentioned this to me and I think it is something everyone should know about. When you dial 211 from … [Read more...]
Biased Investors
Author: Brent Lemieux CFA® CPA The human brain is truly remarkable. Unlike our fellow mammals, our brains can plan for and even invent the future, as well as draw patterns and meaning from the past. We can develop deep emotional connections with each other and devote ourselves to causes that … [Read more...]