by Phil Lebkuecher | Aug 25, 2023 | Behavioral Finance
Time is an interesting dimension. While time is a fixed measurement, our perception of time can vary greatly depending on what we are doing and/or feeling. It has been said that the longest eight seconds in life is riding a bull. I believe that’s a true statement...
by Phil Lebkuecher | Jul 28, 2023 | Behavioral Finance
We all want desirable outcomes – those outcomes that bring us happiness, peace, and prosperity. Because we desire such outcomes, we may go into situations having high expectations. But it may be more beneficial to temper our expectations if we want to experience...
by Phil Lebkuecher | Jun 30, 2023 | Behavioral Finance
Investing may be simple in principle, but it isn’t easy in practice. Markets and economies are fraught with uncertainty, constantly changing news and markets, and news about how great some other investment is performing. Warren Buffett is one of the most successful...
by Phil Lebkuecher | May 26, 2023 | Behavioral Finance
I’ve been told that I have an amazing ability to state the obvious, but obviously some things need to be stated over and over again. I’m also excellent at redundancy if you didn’t notice. What I’m really trying to say is that rising interest rates are a significant...
by Phil Lebkuecher | Apr 28, 2023 | Behavioral Finance
Over the past 12 months, by far the most common question I’ve been asked is about inflation and its potential long-term effects on retirement plans. Ever since food prices started rising about 18 months ago, inflation has increased the cost of goods and services...
by Phil Lebkuecher | Mar 31, 2023 | Behavioral Finance
Record Keeping. Successful people tend to be organized. It’s an even easier task now than it used to be, due to electronic files, online accounts and computer storage rather than the old school manilla folders. But whatever method you use to keep track of your...