The market has risen or been relatively flat every year since 2009. When will this end? When will the next bear market begin? Unfortunately these questions are nearly impossible to answer. Even more unfortunate, billions of dollars are lost each year by individual investors trying to guess the … [Read more...]
Why is it impossible to predict when a bear market will begin?
How should I invest in a bull market?
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...]
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’s Wrong With My “Savings”?
Author: Emily Tierney CFP® Is your savings for a new car you’ve been stashing away for? Is it for a cash reserve for emergencies? Will you use these savings for retirement income? Don’t get me wrong, having savings is fantastic but can you answer this question: What’s the purpose of your … [Read more...]