Dear Friends, Clients and Colleagues,
In Soccer often inaction on the part of a goalie is often better than action. The same can be said of being a successful investor. This first article is an oldie but a goodie—it explores how in times of pressure we often feel the need to “do something”, and how this doesn’t always end with the best result.
Other articles include how you or a loved one can write your chapter of family history through an Ethical Will and learn about important tax breaks for the newly retired that may help you (or friends who are newly retired) get the most out of reaching this milestone.
Finally, would you like to be an even smarter investor? One surprising way is to get in touch with your feelings. This article by Dr. Meir Statman, an expert in behavioral finance (who we have the pleasure of working with), can give insight into different investing personalities, helping you understand why you make certain decisions and how you can curb unproductive investing habits.
Articles of Interest
What do Soccer and Investing Have in Common
This article discusses the art of the save for both soccer goalies and investors.
Leaving Your Valuables Without Your Values
Learn more about an Ethical Will and provide your family with a gift that will last for generations.
The Most Overlooked Tax Breaks for the Newly Retired
Discover important potential tax breaks. And if you aren’t close to retirement, share this with someone who is.
Investor, Know Thyself
Fear, regret and over exuberance are just a few of even the smartest investor’s enemies.
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- Summer Reading List:
Unbowed In Unbowed, Nobel Prize winner Wangari Maathai recounts her extraordinary journey from her childhood in rural Kenya to the world stage. When Maathai founded the Green Belt Movement in 1977, she began a vital poor people’s environmental movement, focused on the empowerment of women that soon spread across Africa.
Drive Most people believe that the best way to motivate is with rewards like money—the carrot-and-stick approach. That’s a mistake, says Daniel H. Pink (author of To Sell Is Human: The Surprising Truth About Motivating Others). In this provocative and persuasive new book, he asserts that the secret to high performance and satisfaction-at work, at school, and at home—is the deeply human need to direct our own lives, to learn and create new things, and to do better by ourselves and our world.