Investing — Blogs and Case Studies — Concert Financial Planning

Investing

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Of Fees and Friends

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Of Fees and Friends

Today, I had lunch with an old friend. Our conversation quickly centered around some of the things we are dealing with within our respective families, conversations that many of our contemporaries can probably identify with when it comes to aging parents.

We both acknowledged that we have arrived in that time of our life, and I mentioned that I see it within my client base as well. Things are changing, and people our age are finding themselves becoming more involved in the care of their parents, or even siblings, and it’s happening as Hemmingway put it, “Gradually and then suddenly.” ***

Investment Philosophy and Academics (Without the Academics)

Investment Philosophy and Academics (Without the Academics)

Academic theory about investing in stocks is a lot like a map of the London Tube. The map can get you from Point A to Point B, but it is not actually an accurate map of the rail line underground. It is only an easy-to-read, simplistic version of what is really going on.

However, just because the map shows a 90° turn doesn’t mean that the rail line actually makes a 90° turn at that specific point in the line. The academic theories behind investing are a lot like this, in the sense that they can often get you to where you’re going over the full route, but if brace yourself for stocks to make a specific turn at a specific time based on the theories, you’re likely to lose your balance, look like a fool, or both. Read on.