Buoyed by an effective choice of available vaccines and an accommodative Federal Reserve, the economy appears headed toward the fastest pace of economic growth since the 1950s. This has also pushed stocks, interest rates and inflation higher.
Originally, we set out to address the most common investor fallacies that we work to protect you from as your fiduciary financial advisor. We quickly found ourselves pulling and pushing at the yin and yang of traditional (rational) economics and behavioral economics.
Many investors associate risk with a loss of principal. And, indeed, that is one definition of risk.
The body that determines Monetary Policy, the Federal Open Market Committee (FOMC), concluded a regularly scheduled two-day meeting two weeks ago and to no one’s surprise, decided to leave interest rates unchanged.
A client recently called and asked if one of his children might be able to meet with us concerning their financial future.
Just as it pays to establish an escape route from your home in case of a fire, it pays to establish a disciplined plan of action pertaining to your investments, all the while keeping in mind that panic is not a strategy. Here’s our 10-step program to help you navigate the current turbulent investment waters.