fbpx

Tag: Money Psychology

Risks of Financial Advice from Family and Friends

Watch this video on YouTube Here’s a risk to your financial health that may surprise you: following poor financial advice or buying expensive investments from relatives and friends. There are two reasons for this. First, we tend to trust and rely on people we...

Risk of Comparing Portfolio Apples to US Stock Oranges

Watch this video on YouTube It may be entertaining to watch Donald Trump point his finger and curtly say, “You’re fired!” When a client says the same thing to me, it isn’t so funny. I’m especially not amused if a client fires me because...

Investment Success Based on Client Behavior as well as Portfolio

Watch this video on YouTube There’s an essential aspect of investing that, most likely, neither you nor your financial planner have been trained to see: Your long-term financial success is based less on the structure of your portfolio than it is on your ability...

Can Feeling Grateful Save You Money?

Watch this video on YouTube Do you want to more easily change your over-spending behavior? According to some new research, maybe all you need is a bit of gratitude. Before you brush this idea aside as just another “feel good” theory, you may want to...

Learn Your Partner’s Money Habits Early

Watch this video on YouTube One of the challenges at the beginning of a romantic relationship is having “the conversation” about one of most important issues for any couple: money. What is okay to ask a potential partner about money, and when? How do you...