Five Key Concepts for Financial Success

Author: Charles Boinske, CFA

Charles P. Boinske, CFA, is a 30 year investment management veteran overseeing the strategic direction and portfolio management process for Independence Advisors, LLC. Have a question for Charles? CLICK HERE TO ASK CHARLES

February 6, 2012  |  

Five Key Concepts for Financial Success

While investing can at time seem overwhelming, the academic research can be broken down into what we call the Five Key Concepts to Financial Success. If you examine your own life, you’ll find that it is often the simpler things that consistently work. Successful investing is no different. However, it is easy to have your attention drawn to the wrong issues. Concept One: Leverage Diversification to Reduce Risk Most people understand the basic concept of […]

February 4, 2012  |  

Risk, Volatility and Opportunity

The current renewed volatility in financial markets is reviving unwelcome feelings among many investors – feelings of anxiety, fear, and a sense of powerlessness. These are completely natural responses. Action on those emotions, though, can end up doing us more harm than good. The increase in market volatility is an expression of uncertainty. The sovereign debt strains in the US and Europe, together with renewed worries over financial institutions and fears of another recession, are […]

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January 27, 2012  |  

Fear, Greed and Investment Decision Making

Fear and greed cause investors to make bad decisions. Meir Statman is a pioneer in behavioral finance, the branch of economics that considers the influence of emotions on investor decision making. We had the opportunity to interview Meir after seeing his presentation at a recent conference. Among other things, he discussed: How framing and hindsight can lead investors astray How advisors should help their clients – Professor Statman’s views are in tune with the philosophy […]

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