Building Resilience: What It Means for Retirement Savings
As the economic fallout from COVID-19 threatens peoples’ livelihoods and erodes their short-term savings, it follows that their long-term financial security is also at-risk. What does it all mean for retirement savings and what steps can we take to build a more resilient system?
The Compassion Paradox
As the COVID-19 crisis and the challenge of the economic recovery process continue, it’s critical to understand how to care about our clients without caring too much. Don’t risk your own well-being and become unable to help those who need you.
Decisions, Fast and Slow
Many human decisions are driven by impulses known as heuristics, such as the simple-and-familiar bias. When mental energy is depleted, as during a crisis, advisors may employ this bias to select investment solutions that are easy to explain (simple) and that they’ve used before (familiar).
How to Think about Truing up Asset Allocations in Times of Market Stress
Some investors use a set-it-and-forget-it approach to their portfolios, but there are times when the asset mix may need to be recalibrated to achieve one’s goals.
Keeping Clients Invested Using Behavioral Finance - 3 Simple Steps
In this CE webinar, Jan Holman, Thornburg Investment Management’s Director of Advisor Education, will:
- Review two market theories that you likely follow that don’t factor in investor behavior
- Reveal biases common to all investors that lead many of them to sell at the worst times
- Offer three simple steps you can take in your practice to control the destructive biases of your clients
How Negative Interest Rates Pervert Investment Decisions
Of all the disruption inflicted on the capital markets, negative interest rates cause the most head scratching. Why would anyone invest with the certainty of a loss? New research explains the perverse behavior induced by negative rates – and offers a stern warning for investors.
When It Comes Time to Buy, Will You Do It?
Sierra Mutual Funds Chief Investment Officer Terri Spath's latest market commentary discusses when might be a good time to buy, and the importance of using a time-tested process, like the one used at Sierra and Ocean Park.
Remembering Walter Cronkite
Television remains one of the most influential distributors of information and ideas, yet the majority of Americans distrust the reports they get from TV. This distrust may stem from the fact that there is a lot of fear in the news today. How can advisors help clients make sense of the news and help them get back on rational footing?