by Michael Lecours | Jun 21, 2016 | Finding Confidence, Investment Behavior, Saving for College, Student Loans, Uncategorized
A recent study conducted by HelloWallet suggests that a dollar of student loan debt is associated with a 35-cent decrease in retirement account balances! That means, investors with lots of student loans are unable to save as much for retirement. This is a big problem...
by Michael Lecours | Jun 10, 2016 | Investment Behavior, Rule of Thumb, Uncategorized
The last time I changed the oil on my car, I inadvertently drained the power steering fluid thinking it was engine oil. Then I added engine oil and thought I was all set. I proceeded to drive a car around town with no steering fluid and twice as much engine oil as I...
by Michael Lecours | May 10, 2016 | Investment Behavior, Retirement, Rule of Thumb, Uncategorized
Mistakes in retirement can be costly and unfortunately very common. Money magazine’s recent article captures 15 examples. While I have seen every one of these 15 mistakes actually happen, the most common issue I’ve seen this year is Number 7 on the list: Not knowing...
by Michael Lecours | Feb 9, 2016 | Economy, Finding Confidence, Investment Behavior, Uncategorized
It’s become comical to see and watch the supposed experts lay out such convincing rationales explaining what the future holds. In the reading of the tea leaves, some are seeing some pretty dark days ahead, while others think all of the market volatility is a normal...
by Michael Lecours | Jan 13, 2016 | Investment Behavior, Investment Strategies, Retirement, Uncategorized
Important Changes to Social Security How to Avoid the Biggest Mistake When Starting Social Security How To Reduce the Pain of a Required Minimum Distribution The Myth of Putting All Your Eggs in One Basket A 2016 Economic Outlook...
by Michael Lecours | Oct 26, 2015 | Finding Confidence, Investment Behavior, Uncategorized
With the recent roller-coaster-like activity we’ve seen in the market, I thought this article would be well worth sharing: 7 Ways Your Brain Makes You A Terrible Investor During these last few weeks and months, we’ve advised most clients to stick with their current...
