March 28, 2012
The Behavior Gap – Simple Ways to Stop Doing Dumb Things with Money, by Carl Richards
About 5 years ago, I was researching an investment topic and ran across a great article written by a fellow financial planner named Carl Richards. His article explained why there is a difference between investment returns and investor returns. This
… Read More: Book Review – The Behavior Gap
March 22, 2012
Living the single is life no longer an anomaly. According to the U.S. Census Bureau, 45 percent of households nationwide are maintained by a single person. Being single (and thus, living on a single income) affects many areas of your life when it comes to financial planning, including parenthood, insurance and retirement.
Review your
… Read More: Flying Solo
March 13, 2012
By Perspective Financial Services
Whether you’re a safe, conservative investor or a fast-trading stock-swapper, genes may actually play a role in some of your decisions, according to new research from business professors Stephan Siegel and Henrik Cronqvist .
Individuals frequently exhibit investment biases, such as not diversifying enough, being reluctant to sell stocks that have lost money or simply
… Read More: Is Investing in Your Genes?
March 6, 2012
By Perspective Financial Services
In March, resolve to talk to your children or grandchildren about the importance of saving and investing.
Some experts recommend teaching children about the differences in coins as early as age 3 or 4, giving them a piggy bank by the time they’re 5, opening a savings account by age 9, and
… Read More: 12 Financial Planning Steps for 12 months in 2012: March
February 28, 2012
By Perspective Financial Services
For cash-strapped consumers, debt consolidation loans might seem like a quick fix to solve their money woes. Yet, new research supported by the National Endowment for Financial Education (NEFE) reveals ads for these loans do not give consumers a full picture of the total costs. Furthermore, these loans may cause consumers to make their
… Read More: The Trouble with Debt Consolidation Loans