Why We Tend to Trick Ourselves into Making Bad Trades – Presented by Mark K. Lund, Utah Financial Advisor
Hans Christian Andersen recorded a folktale about a poor farmer who takes his horse to market to sell or exchange for something that will be more practical for his farm. But on the way to his destination, the Old Man (as he’s known in the story) makes a series of ill-advised trades. In each case
Using Economic Data to Predict the Market? It’s a Waste of Time – Presented by Mark K. Lund, Financial Advisor in Utah
More than 40 years ago, if you had made a list of the most influential investors in America, Peter Lynch would have been near the top. From 1977 to 1990 he ran Fidelity’s Magellan Fund, and during this span compounded capital at a rate of more than 29%.1 He achieved this feat by managing to
Forecasts: Reasonable, Methodical, and Wrong – Presented by Mark K. Lund
Late in 2022 the strategy team at Goldman Sachs Research released their forecast for the U.S. stock market in 2023.1 Based on what had happened the year before and on where the economy appeared to be headed, it seemed to be perfectly reasonable. “Zero earnings growth will drive zero appreciation in the stock market,” wrote
Why You Shouldn’t Count on a Big Inheritance to Bail out Your Retirement Savings – Presented by Mark K. Lund, Financial Advisor in Utah
One of the staples of classic novels is the unexpected inheritance. If Charles Dickens or Jane Austen or Louisa May Alcott needed a happy ending, they would have their protagonist come into an unanticipated fortune.1 Not surprisingly, it’s a popular idea outside of fiction. And for several decades the media has been telling us that
New Bitcoin ETFs Recently Hit the Market — Are They Worth Buying? – Presented by Mark K. Lund, Financial Advisor in Utah
The new Bitcoin ETFs (Exchange Traded Funds) now make it possible to get exposure to the cryptocurrency by proxy through funds that are traded like stocks on various US Stock Exchanges. Previously, if you wanted to buy and sell Bitcoin, you had to do it through one of the cryptocurrency exchanges. But just because Bitcoin
How Your Personality Can Affect Your Investment Performance – Presented by Mark K. Lund, Financial Advisor in Utah
There are some people who would love it if you threw a surprise birthday party for them. They’d enjoy every aspect of it, from the sudden yell of “Surprise!” to being the center of attention to eating cake with a large group of friends. On the other hand, there are people who think that a