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Warren Buffett, one of the world’s most successful investors, famously claimed that the most important quality for an investor is temperament, not intellect. To be successful, you need to stay calm and rational during the market’s boom and bust cycles and avoid falling victim to the market’s herd instincts. Even during dull market days, it takes Continue reading Have the Right Temperament for Investing When you buy an annuity you enter into a long-term relationship with the insurance company that offers the product. For this reason, your primary consideration when comparing annuity products is the financial strength of the insurance company behind the product. An annuity contract can last for decades, and you need a financial partner that will be around Continue reading When You Buy an Annuity What to Look For In the Insurance Company When you shop for an annuity look for one that is right for your goal and objective. High Level of Guaranteed Income Now If your objective is to generate the highest possible amount of guaranteed monthly income starting now, you will want to look at a single-premium immediate fixed annuity. Single premium means that you are paying for Continue reading Get an Annuity to Meet Your Goal and Financial Objective There are many claims about the benefits of asset allocation. Not all of these claims can be supported by evidence. Here are some common myths about asset allocaton. Asset allocation protects you from bear markets Asset allocation is all about identifying fundamentally different asset classes (stocks, bonds, real estate investment trusts), deciding how much of each you want Continue reading Asset Allocation Myths Investors’ attitudes today are characterized by ambiguity. Investors don’t know even what the possible outcomes may be, let alone the probability that they might occur. Without a familiar context for financial decision making, it’s easy to become emotionally paralyzed. The difference between uncertainty and ambiguity may sound like little more than semantics. But neuroimaging studies have found that Continue reading Investing Inertia – Overcoming Fear to Reach Your Financial Goals Having an allocation of stocks, bonds, and short-term investments appropriate for your goals and tolerance for risk is important, especially when the market is volatile and you may be tempted to make short-term moves. Although unnerving at the time, history has shown that some of the worst short-term losses in the stock market were often followed Continue reading Rebalance to Reduce Your Portfolio Risk There are ways to increase your yield on cash and short-term investments – without taking on excessive risk. It can be done without committing either to long-term bonds or to the volatility that can come from dropping down too far in credit quality. First determine how much of your short-term investments are for immediate needs and has to be easily Continue reading How You Can Increase Your Yield on Cash and Short-Term Investments |
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