Behavioral Finance

Information Overload

This is a repost of an article I wrote back in 2018. With the market being a bit volatile the past few days, I figured I would pull forward some content from back in the day. This was helpful back then to understand how crazy the world was getting with market volatility. At the same…

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Choosing a Financial Advisor (EP.2)

So let’s say you inherit some money, sell your business, or maybe just need help with your investments. Where do you go? For most, when financial decisions get tough, it’s time to find an advisor. The hard part is figuring out which advisor is right for you.Some topics we cover in today’s episode include: What…

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Craft Advice Intro (EP.1)

Personal finance often gets stuck in the minutia. How much you spend on coffee or dinner is a small detail in the grand scheme of things. Craft Advice is focusing on large financial decisions. From investing in real estate to choosing a financial advisor, we want to highlight the large financial decisions investors make and…

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Hype Investing

This wasn’t a bunch of people with a solid investing thesis on businesses like Gamestop, AMC Theaters, and Blackberry but rather some brilliant research into how markets work followed by a lot of hype. If you need to get caught up on what happened, Gamestop has had numerous hedge funds betting on its demise for…

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Boring Wealth

Nobody likes boring. Boring people, boring conferences, boring sporting events, boring shows. Boring sucks… But… is boring what we need? As a society, we have lost patience. Any kind of patience…. When the gas pump takes longer to put gas in the car When our internet connect slows down When a text message won’t send…

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Small Steps

Starting a new goal or routine can sometimes seem unimaginable. Understanding that your body can run a marathon seems impossible when you are only in the early innings of training. The same is true for those looking ahead at retirement. The task seems almost like climbing a mountain, and to some, an unattainable goal. Over…

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72 Hours

What is it that makes us upset, angry, or even mad when we see losses in our portfolios? Why do investors seem to always fall short of long-term average returns? Why do we constantly feel the need to change our investments? The short answer…we are wired that way! Most individuals are planning YEARS in advance, whether for…

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Managing Our Emotions

2018 has become an unbelievably stressful year for investors. From tariffs and trade wars to politics and corporate fraud, 2018 will be remembered as quite the year of drama. It seems like you cannot go a day without seeing something concerning in the market, making you want to just give up. With volatile periods, I figured it…

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Stop Chasing Returns

What is it about human behavior that has us all chasing the newest, shiniest investment that comes our way? Each and every year some new topic has the markets all excited and people rush out the door to figure out how they can take advantage of it. But the thing we have to try to…

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Overexcitement

May 21st, 1980 Star Wars – The Empire Strikes Back releases Overnight, Boba Fett becomes an instant fan favorite So how does a character with virtually no screen time create such hype, excitement, and allure among the Star Wars Fans? First, some interesting stats about the movie from the Boba Fett Fan Club: Boba Fett’s 4 lines…

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