by Phil Lebkuecher | Mar 29, 2024 | Behavioral Finance
Nick Saban, recently retired football coach of the Alabama Crimson Tide said, “If you want to be good, you don’t really have a lot of choices.” He was referring to the choice to either be disciplined or not when it comes to a specific process that leads to success. ...
by Phil Lebkuecher | Feb 23, 2024 | Behavioral Finance
Self-control is an important characteristic that can help us in all aspects of our lives from biting our tongue, to passing on the sweet treat, to accomplishing our New Year’s resolutions. But self-control isn’t easy! In fact, it can be downright painful, especially...
by Phil Lebkuecher | Jan 26, 2024 | Behavioral Finance
In 2021, economic policymakers told us that inflation was transitory. In 2022, they changed their tune and said that inflation is persistent. They both could be correct, depending on the time frame being used. When it comes to long-term investing, many of the...
by Phil Lebkuecher | Dec 29, 2023 | Behavioral Finance
As the year comes to an end, it’s a good time to reflect upon the year behind us. The good things, the bad things, and the success we achieved along the way. Sometimes we rely upon favorable circumstances to achieve success, but circumstances are often beyond our...
by Phil Lebkuecher | Nov 24, 2023 | Behavioral Finance
When markets and headlines become concerning, as they do just about every few months, remaining calm can be difficult – but is essential to making wise financial decisions. Finding Your Calm While we cannot control what happens in the world, the good news is that...
by Phil Lebkuecher | Oct 27, 2023 | Behavioral Finance
It is human nature to focus more on the present than on the future, which is in line with our basic instinct of survival. We focus on the present because that is where “life happens” and where we experience feelings such as pleasure, pain, anxiety, and peace. Every...
