5 Reasons Not to Fall Into the Investment Performance Trap

Submitted by wegmigrate on
It’s natural to assume that superior investment performance results from superior manager skill, and below average investment performance reflects subpar manager skill. Using only investment performance to measure a money manager’s ability has some advantages: it’s easy, it’s widely accepted, and it feels good.

Don't Waste a Crisis: 4 Wealth Management Opportunities

Submitted by wegmigrate on
Over the past few months, the stock market has swooned and soared, with the S&;P currently about 5% below its February highs. When we look ahead, we wonder if the worst is behind us or yet to come.It has been said, “Never let a crisis go to waste.” With that in mind, here are four wealth management opportunities during COVID-19.

How to Exorcise Your Financial Demons

Submitted by wegmigrate on
Halloween is just around the corner. People of all ages will be dressed up as ghosts, ghouls and gremlins, but what about the spookier aspects of your finances? It’s important to take a look at what sinister behaviors are playing a role in your financial life. We’ve laid out our four step process to exorcise your financial demons for good.

The Downsides of Being a Financial Hoarder

Submitted by wegmigrate on
Are you a financial hoarder? That may sound like a strange question to ask. After all, it’s a good thing to be a diligent saver, right? While it’s good to be a saver, it’s also true that a healthy saving mentality can transform into more of a hoarding mentality if taken too far. Having this sort of mindset can weigh on you, both financially as well as emotionally. Here are three characteristics that financial hoarders tend to possess.
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