Economists Reflect on Lessons From a Chaotic Year – Presented by Mark K. Lund, Financial Advisor in Utah
When there’s a major earthquake in a coastal region, geologists can predict several things. First, there will very likely be aftershocks in the same location. And second, there’s a good chance of a resulting tsunami. In both cases they can’t predict how severe these after effects will be nor how widespread their consequences. But they
Why We So Often Fail to Keep Our New Year’s Resolutions, and Why We Should Cut Ourselves Some Slack – Presented by Mark K. Lund, Financial Advisor in Utah
Amanda Mull’s father was a smoker for 20 years. When he became convinced that cigarettes were harmful, he simply quit smoking them. Later, when he decided he should take up running, he got up at 4:30 AM to get in five miles before work. And has continued this practice every day for more than 30
No Bad Days? Taking a Wider Look at 2022 Market Performance – Presented by Mark K. Lund, Financial Advisor in Utah
You’ve probably seen the window sticker on the back of someone’s SUV. It features the silhouette of two palm trees and beside it the words NO BAD DAYS. With no prior knowledge, you might guess that the saying means: There’s a tropical paradise somewhere where only good things happen. The sticker and the saying originated
How to Pass Along Something More Valuable Than Money – Presented by Mark K. Lund, Financial Advisor in Utah
Warren Buffett is credited with saying, “It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes.” When we’re young, it seems like we have an easier time with the first part of the quote. We begin cataloging situations where we say, “I’m never doing THAT again.” But we still think
Should You Convert Your Traditional IRA Into a Roth? – Presented by Mark K. Lund, Financial Advisor in Utah
When the Studebaker car company ceased production in 1966, it wasn’t just their business that failed. Auditors found that the company’s pension fund also had serious problems, leaving thousands of workers with reduced benefits or none at all.1 The Studebaker employees’ retirement was completely reliant on the success of a single company. Sadly, all their
What’s in Store for 2023? – Presented by Mark K. Lund, Financial Advisor in Utah
A long time ago, when Woody Allen was known for writing funny books, he described a character named Weinstein who lay in bed feeling depressed about his age. “Next year I will be fifty-one. Then fifty-two.” Allen adds, “Using this reasoning, he could figure out his age as much as five years in the future.”1