
Markets are random and unpredictable. But why? This week Paul and Luke dive into this topic and explain why you can’t predict the market.
Financial advisors specializing in investments, life insurance, and retirement planning with investor coaching in Altoona, Lewisburg, State College, PA and the surrounding areas.
Financial Advisor is the term used to refers to individuals in finance that directly work with public as opposed to those behind the scenes. Below you will find coaching related to the structure of the industry, as well strategies along with some interpretations that may be valuable to understand when working on your own plan.
Markets are random and unpredictable. But why? This week Paul and Luke dive into this topic and explain why you can’t predict the market.
It is difficult to get the right solution when you start out with the wrong premise. If we center ourselves in a false belief system, we become what we believe. An example of that false belief system existed until 1954. It was common belief that no human could run a mile in less than four minutes and live to tell about it. Medically, it was believed at that time that to attempt to run a mile in less than four minutes would bring about certain disaster to the human body. No one in the history of mankind was ever timed running a sub-four minute mile… no one, that is, until Roger Banister. On a sunny Saturday morning, the young Englishman defeated a belief system and certain death by running one mile in 3:59:40.
A common misconception is that tax cuts are for the rich. This is nothing more than political “get-me-re-elected” talk. It is obvious that the rich make up such a small portion of the tax paying population, the politicians view this as a small group of voters. There are more poor, middle class, and upper middle class voters than there are rich voters. So don’t be surprised when a politician favors the area where there are more voters. The tactic is as old as dirt. Divide and conquer, blame someone else for your problems, so you will vote for them. These are not poor or middle class people running for office. Remember, these people will spend millions to get elected to a position that pays a couple of hundred thousand dollars a year. Makes sense, right?
Paul and Luke discuss the book that Paul co-wrote. They go over the 5 Deadly Investor Mistakes and some of the 101 truths.
From the desk of Paul Nichols: President of Financial Abundance Inc.
I recently read an article in the WSJ discussing economic icons not practicing their own investment advice. I understood the article to make the point that we are not all perfect, that even the notable academics mentioned sometimes sway from their disciplines.
Harry Markowitz, who shared the Nobel Prize in economics in 1990 for his mathematical explorations of the relationship between risk and return, was asked how he diversified his portfolio.
From the desk of Paul Nichols: President of Financial Abundance Inc.
I originally heard the question why not you, why not now in 1992 at a business function. The billionaire Richard DeVos was speaking, where afterwards I had an opportunity to sit down and spend some time with him.
Does the information from the Financial Services industry leave you confused and bewildered? If someone really could accurately predict market movement on a consistent basis, what would be their motivation for telling you? If what you thought was the best way to invest in the market turned out not to be…when would you want to know?
Our goal at Financial Abundance is to save the world one investor at a time. We want to play our part in the solution to create peace of mind for individuals, families and businesses about their investments. This can be accomplished, through education and understanding with research and studies from Nobel laureates and professors at leading universities around the country. We want to show people that they can, for the first time in their lives, have peace of mind about how they invest; that sleepless nights of doubt can be converted into confidence about their direction regardless of the current economic conditions. Regardless if you’re from Penn State or the state pen you can learn how to be a prudent and educated investor.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities. Financial Abundance's website and its associated links offer news, commentary, and generalized research, not personalized investment advice. Nothing on this website should be interpreted to state or imply that past performance is an indication of future performance. All investments involve risk and unless otherwise stated, are not guaranteed. Be sure to consult with a tax professional before implementing any investment strategy. Investment Advisory Services offered through Financial Abundance , a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Registration does not imply a certain level of skill or training.