Investor Behavior

Does Behavioral Finance Matter?

Investing success relies more on patience and discipline than return on investment. It can also require pain and sacrifice. Yet, many focus so intently on potential returns and trying to predict the future. Instead, focus on what you can control. The biggest risk to investing success is our own behavior. Behavioral Finance Defined Behavioral finance is the […]

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What is diversification?

What is Diversification?

Diversification is an important principle that prudent investors and advisors adhere to. It is best explained by the expression “don’t keep all of your eggs in one basket.” If XYZ stock is the basket you put all your eggs into and it goes haywire, all your eggs are gone. And that isn’t good. Diversifying requires an investment […]

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College Savings Plan - Don’t Let the Numbers Scare You Off

529 College Savings Plan

Putting together a college savings plan can be daunting. The rapidly rising cost of higher education can be intimidating, but don’t let the numbers scare you off. According to the College Board, the average per year cost of a private four-year college is $39,400 compared to $10,950 for a state school. If college expenses continue […]

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Tax Diversification

How To Reduce Taxes In Retirement

We hear a lot about the need for diversification when talking about our investments. You know the expression “don’t put all your eggs in one basket.” In the investment world this most often refers to the idea that you shouldn’t put all of your investment in one stock. But what about taxes when planning for […]

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Follow these tax planning tips for 2017 and bring your A game at tax time.

Required Minimum Distributions – The IRS Loves It When You Turn 73

The IRS loves it when you turn 73, but you won’t get a gift or even a card. The Internal Revenue Service can’t wait to get their hands on your hard-earned dollars. This might be why the IRS is sometimes referred to as the Infernal Revenue Service. Happy birthday and get ready to pay more taxes thanks to […]

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Infation: 12-month percentage change - Consumer Price Index

Is inflation bad for investments?

Inflation is the increase in prices for goods and services during a period. It is measured by the Bureau of Labor Statistics (BLS) and reflected in the Consumer Price Index or CPI. In the U.S., average inflation rates were 3.27% between 1897 and 2022. Moderate inflation has existed throughout the natural economy of over 100 […]

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