There are a lot of adages thrown around the investing world. One of the most common is "buy low, sell high." It makes sense. If you want to get the best return on anything, you want to buy it at the lowest price possible. As humans, it is not so
Tag: Musings
Friday morning I had CNBC on while I made our twins' breakfast. It was the morning of the jobs report and I wanted to get a feel for the market's reaction. As is often the case one 'expert' would argue how good things are and another 'expert' would state his
Humans typically struggle to think long-term. Our brains place a higher value on short-term stimulants which changes our behavior. As financial advisors we see the dangers of this thinking and try to provide data and roadmaps to incentivize our clients to think longer-term. It's a constant battle.
Politicians understand our
The Federal Reserve made a major pivot last week in their policy. After declaring 'mission accomplished' in their inflation fight, the Fed almost immediately shifted to stimulation mode over growth concerns and a slowdown in the labor market. As we stated in our most recent economic update, yes growth is
This week the Federal Reserve is expected to do what they first hinted at 11 months ago – to cut interest rates. They have already declared "mission accomplished" in their inflation fight. The market is programmed to initially celebrate any sign of Fed policy easing. On paper it makes sense. If