Money Monday!

One of my most important jobs?  Protecting you from you.

Following a huge run-up in stock prices, a surge in crypto, a run-up in real estate, ultra-low interest rates and equally low bond yields, I’ve been working hard to help my clients avoid the temptation to allow these trends to have a disproportionate effect on their view of the future. The tendency to put too much emphasis on the latest information and ignore other important data is called recency bias.

If you feel you may be affected by recency bias right now, ask yourself… am I behaving more like a long-term investor or a gambler?

You can avoid recency bias by putting your values and goals first and then choosing investments that seem appropriate as part of a thoughtful financial plan. In my opinion, putting the investments first is backwards and can lead to a gambler’s mentality.

It can also be important to have a person in your corner to challenge you when you are tempted to make emotional financial decisions.  Our approach considers what you value the most and uses data to help shape your future. 




Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification or asset allocation.