by Michael Lecours | Jun 19, 2013 | Economy, Finding Confidence, Investment Behavior, Uncategorized
We’ve fielded a few phone calls from clients in the past few weeks confused about why their statements are not reflecting the same rate of return of the S&P 500 which they’re hearing about in the news. We’re not surprised by the observation. The S&P 500 has...
by Michael Lecours | May 31, 2013 | Finding Confidence, Investment Behavior, Uncategorized
Investment risk comes in many forms and is talked about so frequently within the industry, that every type of risk has it’s own name. Just a few are longevity risk, inflation risk, interest rate risk, liquidity risk, political risk, and market risk. This post is not...
by Michael Lecours | May 3, 2013 | Finding Confidence, Investment Behavior, Investment Strategies, Retirement, Saving, Uncategorized
One of the most common investment strategies is called “Buy and Hold”, which usually consists of mutual funds or other securities held for the long term and rebalanced occasionally. These funds are held during the best and worst performing years. The theory is that...
by Michael Lecours | Apr 14, 2013 | Finding Confidence, Investment Behavior, Uncategorized
A recent article by the Guardian discusses 10 reasons why news can harm you. It’s an interesting read, one that reinforces a message that we regularly communicate to our clients: news is sensationalized to draw viewers but it should be taken with a grain of salt and...
by Michael Lecours | Mar 15, 2013 | Finding Confidence, Uncategorized
This is the third part of a series (Part 1, Part 2, Part 3, Part 4) For many investors, the bad news was cause for them to pull their money out, sit on the sidelines and wait for conditions to improve. They waited for the situation to turn around and to feel confident...
by Michael Lecours | Mar 7, 2013 | Finding Confidence, Uncategorized
This is the second part of a series (Part 1, Part 2, Part 3, Part 4) Numerous studies suggest people are more interested in bad news than good news. It’s easier to scare someone into reading or watching a news story than any other way. But some psychologists...