Behavioral Finance

Why Most Investors Quit

There are two reasons that most investors quit. The number one reason people get out of the game is because they have suffered a portfolio loss that exceeds what they can live with. The number 2 reason people get out of the game is because they can’t stand the volatility…

3 Key Mistakes Investors Make and How to Avoid Them

By Jeff Voudrie One of the most difficult aspects of investing for retirees is to go against the investing tide. We have all heard that we need to buy low and sell high, but few investors are able to consistently do it. Invariably, we give in to our emotions and…

The Anatomy of a Trader, Part 5 of 5: Fancy Footwork

By Andrew Nyquist Throughout life, we often hear loved ones or motivational speakers tell us to “stay grounded,” and to “keep both feet on the ground.”  And although it’s a bit cliché, it’s true with a lot of things in life.  With investing, it rings especially true, for if you lean…

The Anatomy of a Trader, Part 4 of 5: All Heart

By Andrew Nyquist Well here we are, part 4 of the series, and I’m not gonna lie to you, this one is going to be short and to the point.  To be the best at anything, you have to work at it.  There aren’t a lot of things in life that…

The Anatomy of a Trader, Part 3 of 5: Vision Quest

The good news is that the timing for this piece couldn’t be better, for when markets start to creep with volatility, emotion, and uncertainty, it is truly an investor’s vision that matters.  Some may whine, some may cry, and some may even give up, but none of those feelings will…

The Anatomy of a Trader, Part 2 of 5: Gut Check

By Andrew Nyquist When financial markets become frantic and heavily emotional, what is your stomach like?  Do you connect with that pit in your stomach and sell because “you can’t take it anymore?”  Or on the other end of the spectrum, do you get so caught up in celebrating your gains…

The Anatomy of a Trader, Part 1 of 5: Brain Basics

By Andrew Nyquist Okay, investor nation, this is part one of a five part series focusing on how to elevate your investment game to the next level.  The idea is to illuminate traits and skills that will assist you in becoming a more confident, successful investor.  But before we sweat the…