Tag: Investing

Managing the Disconnect Between High Markets and Consumer Worry

In mid-May, the S&P 500 hit its eighth consecutive weekly gain and the Dow Jones Industrial Average hit a record close two days in a row. In that same week, the University of Michigan reported that its index of consumer sentiment fell to the lowest level ever...

Why Technology Makes Modern Financial Planning More Human Than Ever

Over the years of writing these columns, I’ve tried to maintain a mix of topics that address both the technical aspects of investing or financial planning and the emotional component of our money behavior. I realized recently that, despite my love of numbers and...

Why Your Future Self Will Thank You For Making Coffee At Home

Last week’s column showed how buying an expensive machine to make coffee at home instead of frequenting a coffee shop could save around $1,000 a year. Coffee, of course, is just one example. The same home-vs-store financial benefit could apply to a host of other...

The Joy Of Missing Out On Short-term Investing Anxiety

Recently, navigating London Heathrow Airport with a solid case of jet lag, I noticed a billboard from IG, an investment firm, that read: “From FOMO to JOMO.” As someone familiar with the concept of FOMO (Fear of Missing Out), I was intrigued and initially...

Keep Your Politics Out of Your Portfolio

Financial Planning magazine posed the following question to 320 financial advisors: ”How will the U.S. election outcome influence retirement planning, and what steps are you currently taking?” The responses revealed that a stunning nine out of 10 advisors anticipated...