Bear Markets: 2008

It is considered the worst economic recession since the Great Depression; the financial calamity that was 2008 serves as a reminder of just how bleak things can appear in the US economy and financial markets. 

The Hunt for High Yield

Interest rates in America are still historically low. While that may be helpful in stimulating an economy, it is not so helpful if you are trying to generate income in retirement.

Consistency is the Key

As in most areas of life, the key to a successful long term investment strategy is consistency. While this statement may seem obvious, too many investors find themselves breaking this fundemental rule by reacting to market volatility, or reducing their contributions when times are hard.

What is Retirement?

Every potential retiree's needs and wants can be so different, therefore it is important not to make too many assumptions about what retirement actually is or should look like. For most people, retirement is just doing more of what you like, and less of what you don't.

The Investor's Fatal Flaw

It can be difficult to jettison emotion when it comes to investing. History is littered with poor financial decision making as a result of forgetting that emotion is the foe of the long term investor.

What Makes a "Professional"?

When it comes to the management of your money, many would agree that this responsibility should be placed in the hands of a professional. However, the prerequisite to become a financial advisor is passing a licensing test, with no formal higher education required. Can all financial advisors, therefore, be considered "professionals"?

How Pragmatism Guides Financial Planning

Pragmatism is a school of philosophy that examines truth through utility. For example, how useful a belief is to you may be more important than whether or not the belief is in fact true. Financial models can be viewed in a similar way: how useful is your financial plan?

Must-Read Finance Books

It is easy to become nearsighted in the world of finance and economics, especially with so much information flowing through the 24 hour news cycle. I look to books to maintain perspective on our industry, and in this latest blog post I wanted to share some titles that I believe we could all benefit from taking in.

The Argument for Gold

Over the years there have been calls for the US to return to a gold standard. But how realistic is this, and what were ther easons we abandoned it in the first place?

Presidential Economics

How much credit should a president get for a good economy? How much blame for a bad one? Contemporaries remain divided on this issue. We explore some key moments in our economic history, and the men that brought us through them.