50 Washington Street
7th Floor
Norwalk, CT 06854
-
Before Your Clients Write that Tuition Check……
- by: Hank Berkowitz
- October 29, 2018
No CommentsNow is the time of year that many clients are turning to you for advice about financing the jaw-dropping price of college tuition. Study after study confirms that a college education—one of the biggest legal rackets in America today–is still worth the price of admission and stress. But, several of our clients have been telling
-
Short Sellers Stirring?
- by: Hank Berkowitz
- October 12, 2018
The stock market’s recent nosedive has many wondering if the near-record bull market is finally running out of steam. Some analysts say the reversal is a healthy correction bringing valuations in line with historical norms. But, plenty of media pundits are playing the doom-and-gloom card and counting the days until the yield curve officially inverts.
-
Don’t Get Anchored to Your Emotions
- by: Hank Berkowitz
- June 25, 2018
As the old saying goes: “Markets don’t create losses, people do.” To that end, our client Brian Thomas, chief investment officer of LA-based AG Asset Advisory, told CNBC last week that many retirees confuse price with value. According to Thomas, a fallen stock price looks like a bargain and makes it easier to amass a
-
Can You and Your Clients Count on Social Security?
- by: Hank Berkowitz
- June 9, 2018
“Today more people believe in UFOs than believe that Social Security will take care of their retirement.” — Scott Cook, billionaire cofounder of Intuit. “Before Social Security existed, about half of America’s senior citizens lived in poverty.” – Senator, Bernie Sanders Depending on your point of view, Social Security is either one of the Big
-
Common Investor Mistakes Plague Your March Madness Picks, Part 2
- by: Hank Berkowitz
- March 31, 2018
In Part 1 of this post, Evan Powers CFP® author of myFinancialAnswers, observed that filling out your brackets is a lot like constructing an investment portfolio. “You’re trying to find the balance between the ‘safe’ picks (top seeds, blue-chip stocks) and the ‘upset’ picks (lower seeds, growth stocks); crafting a ‘unique’ bracket that you think can outperform
-
Behavioral Finance Explains Why Your Brackets Are Busted
- by: Hank Berkowitz
- March 29, 2018
Ask 100 of your (distracted) co-workers how their NCAA basketball tournament picks are holding up and 98 will tell you they got “blown up” this year thanks to all the “F’n upsets!” The other two are probably lying. How can that be? Two of the Final Four teams are #1 seeds (Villanova and Kansas) and