2016 Year End Recap

2016 Year End Recap

“Happy Families are all alike; every unhappy family is unhappy in

its own way” – Leo Tolstoy in Anna Karenina

I’ve been meeting with clients for over 25 years, and every year is there seems to be some major event that causes concern for everyone.

This year, it was the presidential election. One thing about the election that everyone seems to agree on is that we’re glad it’s over, even if we disagree whether the outcome was good or bad.

At the bottom is my end of the year video, where I outline my thoughts on 2016, and also what current conditions might mean for 2017.

I highly recommend you watch it, and if you have any questions, please don’t hesitate to give me a call. I’m here to help and serve.

Don’t Get Trumped in 2017

Don’t Get Trumped in 2017

In my video this quarter (you have watched it, right?), I mention the long term nature of investing in stocks and bonds, with the presidency a relatively short term event.r_v_d-480x305

Don’t fall into the trap of thinking all positives or all negatives because your party (or the other party) is in power.

We give too much blame and credit to the President, and when prudent investors have a long time horizon, it is better to stick to the strategy appropriate for you and your risk level, and don’t get emotional.


Investors Often Mistake Emotion for Gut Instinct

Investors Often Mistake Emotion for Gut Instinct

In May I was in New York City, and the highlight by far was the interview I did with Financial Advisor IQ (division of Financial Times) on biases.FT Still

It was really fun, and focused on the types of emotions and biases that investors have to be aware of and overcome.

The producer liked the interview so much that he decided to make it a 3 part series, so the link below is only for the 1st of 3. The rest came out in July and August, so I’ll link to that in a subsequent newsletter.

Anyway, pretty good interview, so I hope you watch it.


On a personal note….

On a personal note….

I think most of you know that I am a voracious reader, and have been my whole life.Books

So, now it’s time for my annual book review.

67 Books read (35 fiction, 32 general non-fiction and personal development)

Most Useful= Get Your Inbox Down to Zero: How to be a Productivity Ninja

Best Personal Development= Grit: Passion, Perseverance, and the Science of Success

Funniest= Redshirts

Most Moving= On Fire: The 7 Choices to Ignite a Radically Inspired Life

Best Biography = Born with Teeth by Kate Mulgrew

Totally Interesting Book = Marching Powder: A True Story of Friendship, Cocaine, and South America’s Strangest Jail

My full analysis with STAR ratings (from 1 to 5) is HERE