Our latest blog post was published this morning (linked below). Be sure to check it out! We discuss the dreaded “behavior gap” for investors. Heading into an election like this, it’s important to understand the ramifications of emotional decision making.
Here’s what I’ve been reading this morning:
‘Becoming a Great Investor’ – Living With Money‘
- For advisors, it’s not so much about choosing great investments as it is creating great investors. This post talks about Carl Richards’ behavior gap and how we can help investors avoid making emotional decisions in the heat of the moment.
- Far too often people judge an experience solely on the outcome. In his latest post, Ben writes about two different trains of thought – one focusing on the process involved and the other on outcomes.
‘Rebalancing: A Trick or Treat?’ – Savant Wealth Management
- As this article outlines, rebalancing a portfolio can be a spooky proposition. Trimming exposure to what’s done well, and adding exposure to what’s underperformed may seem counterintuitive. This post dives into the thought process behind rebalancing.
‘How to Keep Financial Conversations Simple’ – Eric M. Hutter – Think Advisor
- If clients seem to be tuning out, this post outlines ways to keep the conversation simple. There are a few main driving concerns for MOST clients, and this post talks about three of them and how to address it.
ENJOY!
