We strive to provide the necessary resources for anyone to prepare their own investment plan and meet their financial objectives. We actively encourage the do-it-yourself people of financial planning to subscribe to our newsletter and provide themselves with comprehensive wealth management. For people who don’t want to do it alone, we encourage you to see if we are a good fit for you and get started as a client.
Part 1: Social Security Is Still Broken
All this toil to maintain an average benefit of about $12,000 a year!
Radio: The Impending Social Security Disaster
David Marotta discusses how Social Security could offer more benefit for less cost.
The Seven Steps of Financial Preparedness
When a hurricane threatens, making a plan and gearing up for emergencies is imperative. Economic emergencies happen too, but it may be less obvious how to prepare. Here are seven steps you should take to weather any financial storm.
Our Financial Crisis: The Result of Centralized Planning
Regulation and centralized planning have caused financial instability and failing institutions. If this is the root cause, then many of the proposed solutions will only make matters worse.
Eastern Europe and Turkey: BRIC Wannabes
Eastern European countries have been struggling out of the darkness of communist rule into the light of free markets.
BRIC Countries: China
Free markets thrive when a country guarantees property rights and the rule of law. China possesses neither of these.
Radio: The Most Important Economic Political Issues
David Marotta discusses how politics affect us.
BRIC Countries: A Passage to Indian Freedom
“The fence itself grazed through the field.”
BRIC Countries: Russia
Russia never really tried free markets. Rated at just below 50% free, Russia is considered repressed.
BRIC Countries: Brazil
One area where Brazil has excelled is making headway toward energy independence.
Radio: Planning for College
David Marotta discusses financial planning for a college education.
Behavioral Finance: Patience Is Its Own Reward
To process financial information, our minds often attempt unwise shortcuts. By understanding behavioral finance, we can limit the information we use and keep our decisions balanced and on track.
Radio: Countries with Economic Freedom
The benefits of investing in the countries with the most economic freedom.
Behavioral Finance: Herd Mentality
One of the early studies on herd mentality was the Solomon Asch experiments in the 1950s. The setup was a mock vision test. In reality, all but one of the participants were actors, who after a few correct answers started agreeing unanimously on a wrong choice.
Behavioral Finance: Overconfidence
Think of confidence as a continuum: Lack of confidence is paralyzing, self-confidence is good, but overconfidence is deadly. Successful investors seek to find a balance between rashness and timidity. Understanding the psychology that causes us to act overconfidently will help you avoid it.