If you’re altering your portfolio in anticipation of the upcoming US election, just remember that it's hard to know the outcome, and even then it's only half the battle. You also have to know how the markets will react. We all remember 2016

8th wonder of the world according to einstein. psyche important like you said. ultimate test will be not capitulating at times like these

Isaac Newton lost a fortune when the south sea company bubble bursted. Fast forward a few hundred years and nothings changed, brilliant people still lose their shirts all the time. EQ>IQ

What’s inside your head matters more than what’s inside your portfolio.

When an investors fear of missing out is greater than their fear of loss they quickly forget what pain feels like - and when the tide turns they quickly remember , only it’s too late. Self awareness is key

If you can’t think of something about a business aka stock, that everybody doesn’t already know, then you shouldn’t buy it. However, during this pandemic first level thinkers are crushing it ....for now at least

Volatility is the friend of an investor who understands the true value of a business and the enemy of the investor who doesn’t.

Picture this You own a business that earns $100,000 a year and someone comes to you offering you $100 Million for it - what would you do? Think about that before buying More #tesla

Growth and Value take turns outperforming each other. If you take a side you will go through uncomfortable stretches, similar to that of value stocks over the last few years. Owning both makes for a smoother ride and saves you from the market timing mugs game.

The vast majority of investors time markets and try to pick the winners but 👇👇👇👇

A simple #process to follow when helping someone achieve their goals: 1) where are you at now? 2) where do you want to be? 3) what’s holding you back? 4) what’s that costing you? Find the answers to these questions and you will find your solution.

“Perfect is the enemy of good” - Voltaire

Frame adversity as a challenge, and you become more flexible and able to deal with it, move on, and grow. Frame it as a threat, and a potentially traumatic event becomes an enduring problem; you become more inflexible, and more likely to be negatively affected.

This is a great diagram! I bet a lot of investors are surprised to see that security selection is only the tip of the iceberg when it comes to the value an advisor provides. A solid bottom-up approach to get clients from A to B!

advisor #value is greatest at the peaks and valleys, working with clients to keep emotions in check not calling a top, but common emotions right now are greed and #FOMO