Lemming Herd Mentality
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November 29, 2023
By David R. Guttery, RFC, RFS, CAM President, Keystone Financial Group-Trussville Al Don’t be a lemming! Thirty three years ago, my finance 412 professor put
By David R. Guttery, RFC, RFS, CAM President, Keystone Financial Group-Trussville Al Don’t be a lemming! Thirty three years ago, my finance 412 professor put
Non-Investment Risk Management: Weighing the Costs Versus Benefits
We have focused quite a bit on the market as of late so let’s move on the something a bit different; non-investment risk management.
Frankly, needs of long-term care can fall upon anyone, not just those nearing or transitioning into retirement. Some of these statistics may be surprising. In the State of Alabama, the average cost of a nursing home private room was $74,825 per year. The median yearly cost for all nursing homes in the United States was just over $100,000 per year in 2018.
This is the last section of a four-part series within which I’ve drawn parallels between the life lessons of sports, and successful objective driven investment plans.
There are only a few inarguable axioms in life. One that is particularly applicable to basketball and objective driven investing is that pearls of great price aren’t to be had for the asking.
Today, we’re going to examine the ten most important two letter words in the English language. If it is to be it is up to me. When I’m coaching a team, I remind my players that 90% of basketball is played between your ears. Only you have control over your own grey matter. Therefore, if it is to be (that I control my emotions) it is up to me.
We talk about striving for perfection, but never being perfect. We’re all going to make mistakes.
Keystone Financial Group’s ultimate goal is to help exceed your expectations in the area of financial planning and investing.