The Average Investors Returns are Below Average…

Month: November 2012

November 30, 2012  |  

The Average Investors Returns are Below Average…

Consider this fact: According to Dalbar, the average stock investor underperformed the compound average return of the S&P 500 by 4.32% percent per year over the last 20 years. The return of the S&P 500 was 7.81% per year and the Average Investors Return was 3.49%. * The cost of the underperformance is enormous. A $1,000,000 portfolio invested in the S&P 500 over the last 20 years would have grown to $4,999,672.66. Using the returns […]

November 27, 2012  |  

Top Ten Money Excuses

Human beings have an astounding facility for self-deception when it comes to our own money. We tend to rationalize our own fears. So instead of just recognizing how we feel and reflecting on the thoughts that creates, we cut out the middle man and construct the façade of a logical-sounding argument over a vague feeling. These arguments are often elaborate, short-term excuses that we use to justify behavior that runs counter to our own long-term […]


November 20, 2012  |  

Shine Some Light on Your Costs!

There is a very clever series of advertisements that asks, “What’s your number?” Of course, the number the ad refers to is the amount of money you need to retire. The add contains humorous images of investors going about their day with their “number” displayed in print over their heads. It’s a clever ad but I would like to see one that asks the equally important question, “What are your costs?” You see, having a […]

November 15, 2012  |  

My Excellent Adventure…

I recently had the honor of being invited to speak at a The Raymond James Investment Conference in London and the Science of Investing Conference In Dusseldorf. At both conferences, I had the opportunity to share my experiences as an investment advisor over the last 28 years. The trip was one of the best experiences of my career. In both the UK and Germany, the financial advisory community is going through the same metamorphosis that […]

November 1, 2012  |  

Key Estate Planning Documents

Estate planning is a vital component of every financial plan, regardless of the size of the estate. Unfortunately, it’s also an area that is commonly overlooked. This often results in wasted dollars and emotional hardship that could otherwise be minimized with proper advance planning and action. Key Estate Planning Documents You Need There are four estate planning documents you may need, regardless of your age, health, or wealth: Durable power of attorney Advanced medical directives […]