by Michael Lecours | Jul 24, 2017 | Investment Behavior
Daniel Kahneman, a 2002 Nobel memorial prize recipient in economics had stated that people might drive all the way across town to save $5 on a $15 calculator but wont drive across town to save $5 on a $125 coat. Even though the end result is the same, more people...
by Michael Lecours | Jul 5, 2017 | Finding Confidence
The following post comes from Edward, our summer intern. He has been helping me prepare for a presentation later this summer on behavioral finance. What follows are some really interesting comments about how our own behavior can affect our financial decisions…...
by Michael Lecours | Jul 3, 2017 | Retirement, Rule of Thumb, Saving, Uncategorized
Recently, an article has been floating around the internet that presented a simple strategy to retire early. It seemed too good to be true. The gist of it is “Even by simply upping your savings rate from 10% to 20%, you could shave off over 14 years from your...
by Michael Lecours | Jun 27, 2017 | Retirement
Good overview of Retirement Planning. How to Turn a Glass of Wine Into A $173,000 Bump in Your IRA 7 Often-Overlooked Great Reasons To Use A 401(k) Account
by Michael Lecours | Jun 21, 2017 | Investment Behavior
We’re having our first intern join us for the summer – Ed Butterly a senior from University of Hartford. While he is assisting me in a lot of research, I have asked him to write for the blog every time he comes across something fascinating. It was no surprise that he...