Guessing right about the future doesn't make you smart, just lucky.
Why do so many of us believe we have special predictive powers when the future must be unknown.
Why are most money talk shows and podcasts giving bad advice?
Good financial advice is hard to find, particularly on the radio. Plus, more on retirement planning.
Even a wise old sage like Jack Bogle can get emotionally swayed
While Barron's made it sound like Bogle was panicking out of stocks (he hasn't) it seems he did let his emotions get to him.
When do you want to retire and what will you do?
As we are living longer, you should consider when you really should retire and what you'll do with your life.
Don't use the only type of fund that made money last year.
Every asset class lost investors money in 2018. However, funds that sold short(s) did pretty well.
FRI: Wow, how quickly stocks go from worst ever to best ever.
2018 was the worst year for stocks since 2008, so far 2019 is a whole other story.
THU: Listen to this before you yell at your financial advice provider.
Okay, so you just opened your investment statement, and your portfolio performed horribly last year, what would you have done differently?
WED: You're a bad investor when you want what you can't have?
Sure, we all want to make lots of money and hate taking risks. Do you want to make money or not?
Warren Buffet's indexing bet continues to look brilliant
While Warren Buffet may have lost a fortune on Apple his bet against hedge funds continues to shine.
TUE: Even in business, death is required for future growth
We tend to hate change, but it's inevitable and often good. The old must inevitably make way for the new.
If the volatile market is scaring you, you're doing something wrong.
Avoid feeling sick. Make sure you're properly invested for dizzying markets and are using the right advisor.
MON: Of course, my investment advice is in your best interests. (wink)
Doctors are always fiduciaries. Lawyers are always fiduciaries. Financial advisors are occasionally fiduciaries (but not often). What's yours?
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Opinions and views expressed on this podcast were current on the date recorded. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions. Although information and opinions given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness, or accuracy. Information presented on the podcast is not personalized investment advice from Apella Wealth. The views and strategies described may not be suitable for everyone. This podcast does not identify all the risks (direct or indirect) or other considerations which might be material to you when entering any financial transaction. Past performance does not guarantee future results and profitable results cannot be guaranteed.
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