It’s no secret: getting an early start on saving and investing is one of the most important things you can do for your future! Putting money into the market when you’re young – even small amounts – gives your investments time to grow and compound over time. Unfortunately, too many millennials haven’t gotten started yet….
We’ve all been tempted. Whether there’s a hot new sector that seems to be on fire, or a classic U.S. company that seems poised for a new burst of life, or, worse, a pundit who keeps warning us not to get caught flat-footed. It’s human nature to be attracted to the next shiny new thing….
What do you think of when you think of Millennials? The media loves to paint Millennials as “adventurous”, “risk takers,” and “thrill seekers.” But, surprisingly, when it comes to financial planning for Millennials, their behavior is anything but risky. In fact, there is evidence that, while emotions and biases play a large part in Millennials’ investment…
Millennials have a tremendous advantage over their Baby Boomer parents because they are comfortable talking about money. Having grown up with social media and the internet, this generation is not as private as their parents and grandparents are, especially about subjects like money and finance. The advantage is that open conversations can reduce fears and…
Humans have a tendency to behave irrationally when it comes to money. Here are the five things investors get wrong that can harm their returns. Believing They Will Beat the Market Study after study shows that investors, including professionals, continually under perform the S&P. In their most recent SPIVA (S&P Indices vs. Active) report, released…