by Michael Lecours | Sep 21, 2016 | Finding Confidence, Investment Behavior, Politics & the Economy, Uncategorized
The average chess player can see 1-3 moves ahead in a game of chess. But a grandmaster chess player can see 10 moves ahead and sometimes up to 20. More interestingly, when they look at the board they see shapes and patterns not number of moves. Playing chess is like...
by Michael Lecours | Sep 12, 2016 | Investment Behavior, Uncategorized
Imagine you’re reading this post in a busy coffee shop. All of a sudden you look up and see people running out of the shop. What do you do first? Chances are, you get up and follow everyone else. You might not even know what’s going on at first. Are you getting...
by Michael Lecours | Aug 20, 2016 | Finding Confidence, Investment Behavior, Investment Strategies, Retirement, Uncategorized
Stay the course. That’s the secret. The pain we experience when we see the account balance drop is much greater than the joy we feel when we see the account balance increase by the same amount. Imagine you have a retirement account with $500,000 in it and it declines...
by Michael Lecours | Aug 17, 2016 | Asset Allocation, Finding Confidence, Investment Behavior, Uncategorized
Recently we introduced The Money Management Tool to help clients better organize their financial lives. The tool has lots of features and we will occasional explain how some of the features are being used by our clients (or should be used) to help them reach their...
by Michael Lecours | Jun 25, 2016 | Cash, Finding Confidence, Investment Behavior, Personal Development, Saving, Saving for College, Uncategorized
Recently we introduced The Money Management Tool to help clients better organize their financial lives. The tool has lots of features and we will occasional explain how some of the features are being used by our clients (or should be used) to help them reach their...
by Michael Lecours | Jun 24, 2016 | Investment Behavior, Investment Strategies, Personal Development, Rule of Thumb, Uncategorized
Recently we introduced The Money Management Tool to help clients better organize their financial lives. The tool has lots of features and we will occasional explain how some of the features are being used by our clients (or should be used) to help them reach their...