Overconfidence Bias in Investing Overconfidence bias looms large when investing. Among the most common way to shoot yourself in the foot, overconfidence is prevalent and pervasive. What is overconfidence bias, and what are some examples of overconfidence bias while […]
Behavioral Finance and Behavioral Investing Behavioral finance studies how to systematically take advantage of errors caused by human thinking and emotion. Behavioral investing, on the other hand, aims to cash in on the irrational investor. How is behavioral finance different […]
What Happens When a Narcissist Hits an Effective Boundary Once you understand you are dealing with a covert narcissist, you must set clear boundaries to protect yourself. A narcissist finds boundaries intolerable because they lose control. So when setting […]
Reinvention in Retirement If you are getting ready to retire, you need to understand that retirement necessitates reinvention of yourself. When does your re-invention start? When you start to think about retirement. Retirement is reinvention. Let’s talk about […]
Why You Should Consider MYGAs instead of CDs in a CD Ladder MYGAs are good annuities. Annuities have a bad rap. There are, however, good annuities that the advanced investor should consider. A MYGA (Multi-Year Guaranteed Annuity) may have a […]
Brokerage, Roth, Pre-tax, and the 3-Fund Portfolio Folks like the simplicity of a 3-fund portfolio. Both US and International equity funds and a bond fund are all baked together in a set asset allocation. However, when you have different […]
Direct Indexing or VTSAX? Direct indexing if you are the average DIY investor. The standard of care is VTSAX (or VTI), a 3-fund portfolio, or even 6-10 ETFs in your brokerage account with a smart tax-deferred pairing. When will […]
Selling Your Winners: Tax Strategies What are some strategies for selling your winning equities? If you have highly appreciated equities, what should you do with them, keeping tax strategies in mind? It is a pretty common problem, as people tend […]
Investment Risk and the Risk/Reward Trade-off As you construct your portfolio, where do you take investment risk? Should you take risk in your Equities or your Bonds? Risk means different things to different people, but without some risk, there […]
