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 | Jun 8, 2017 | Finding Confidence, Investment Behavior, Investment Strategies, Personal Development, Retirement, Saving
Defining one’s goals isn’t easy for some people. Trying to envision what your life will look like at some point in the future can be difficult. There are so many emotional and financial variables and so many unknowns in life that it can leave you feeling...
by Michael Lecours | May 3, 2017 | Finding Confidence, Investment Strategies
Here is an interesting chart I came across that shows just how volatile the stock market can be during the year. In a year where we have seen relatively little downside volatility in the market, it’s important to remember that there can be some big and...
by Michael Lecours | Mar 5, 2017 | Finding Confidence
When markets reach heights like this, it’s a great time to evaluate your portfolio to see if you are invested correctly. Too often, investors wait for the market to decline before doing that analysis. That’s the worst time to reevaluate how you’re invested. Instead,...
by Michael Lecours | Jan 21, 2017 | Finding Confidence
For readers of this blog, you know how I feel about financial journalism these days. The talking heads and the supposed experts we see on TV and read about in the news are doing a great job making people nervous and afraid to invest. It’s clearly having a negative...
by Michael Lecours | Jan 18, 2017 | Finding Confidence, Investment Behavior, Personal Development, Retirement, Rule of Thumb, Saving
The following article examines five young people and their financial plan (more like their lack of planning). They are then offered some preliminary advice about how to improve their situation. Unfortunately, in every case I found the advice to be overly...