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Generosity Wealth Management blog

 

Year to Date Update

We’re halfway through the year, and it’s been a volatile one.

Brexit was just 1.5 weeks ago, and don’t forget that horrible January.

And, this is an election year.

What are my thoughts about this year, the big picture, and the election year in particular?  Click on the video (6 minutes) for my thoughts.

Transcript:

Hi there.  Mike Brady with Generosity Wealth Management, a comprehensive, full-service financial firm here in Boulder, Colorado.  Although I have to admit it’s July 4th weekend I’m recording this on Sunday the 3rd and… Read More

My Brexit Thoughts

CaptureLast week I did a full newsletter on Brexit, with video, explaining my thoughts.

The market over-reacted (in my opinion) and then came back to almost where it was before the whole event.

Good newsletter if I do say so myself, and recommend you check it out if you haven’t already.

2016 06 29 – Brexit Thoughts

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 will come out sometime… Read More

Three Types of Financial Forecasters

Every investor is a forecaster to some degree, even if you don’t admit it.

But what kind are you?
1.  The Foolish Forecaster
2.  The Oblivious Forecaster
3.  The Probabilistic Forecaster

I know which kind I am (hint:  it’s not 1 or 2).

Click for the full article describing each type

Three Types of Financial Forecasters

Dubois, Wyoming Cabin

IMG_9306

In today’s technological world, as long as I have internet and a phone, I’m able to run my business from anywhere.

This summer I’m fortunate to spend much more time in our Wyoming cabin now that it’s fully outfitted as another office, just like my Boulder one.

In addition to all my business travel this summer, I’ll be traveling back and forth between Wyoming and BouldIMG_9307er, working strategy in the cabin and having in-person meetings… Read More

Investor Behavior in Up, Down, and Sideways Markets

The 1st Quarter 2016 is behind us, and boy was it a volatile one!

My video today is addressing the very common human behavior when things don’t seem to be moving in the direction we want.

When we look at the past 2 years or so, we’ve been in much of a “sideways” market, seemingly without a lot to show for it. The tendency for many investors is to “do something”, but I highlight in the video that proactively doing nothing is an active choice! Don’t be lulled into a false sense of achievement… Read More

How to Avoid the Problem of Short-Termism

tech1-400x240As a follow up to my video above, I like the article below because it talks about the tendency to judge financial markets in periods that are so short that it results in higher fees, higher taxes, and lower average performance.

With the 24 hour news cycle, news alerts, etc., we are constantly bombarded with information, and the true professional learns what to listen to and not.

Click here for the full article

Negative Interest Rates

Janet Yellen, of California, President Barack Obama's nominee to become Federal Reserve Board chair, testifies on Capitol Hill in Washington, Thursday Nov. 14, 2013, before the Senate Banking Committee hearing on her nomination to succeed Ben Bernanke. (AP Photo/Jacquelyn Martin)

One of the interesting things in the past year is the very clear awareness that low oil prices are not all good, and that there is a negative aspect as well.

Same deal with interest rates.

While it’s nice to have low cost of borrowing, a negative… Read More

U.S. Stocks were positive 73% of the time

pozWith an unmanaged stock market index going back to 1926, 73% of the time U.S. Stocks were positive. When you add in the “slightly negative” column of declines from 0 to 10%, that adds up to about 87% positive or slightly negative.

The future could absolutely be different, and you have to ensure it fits with your individual goals.… Read More

Muay Thai and Krav Maga

2015 was the year I lost over 40 lbs and started on a serious martial arts journey. MB

I couldn’t be happier. I’m totally fanatical about it now, and I owe a lot to the great gym I found at Tran’s Martial Arts in Boulder. The main instructor, Master Tran, is incredible in his knowledge, and supportive in his approach.

With very hard work I’m hoping to earn my black belt in Muay Thai Kickboxing within the next 2 to 3 years, and… Read More

Do You Have an Investor or Trader Mindset

The last month has been interesting to say the least.  This is a wonderful time to ask yourself

Are you an Investor or a Trader?

The mindsets are completely different, leading to different behaviors, and different outcomes.

I ask this question in my video this month, talk about the differences, and let you decide by the end which of the two you are.

So, what do you think?  Are you an Investor or a Trader?

Click on the video

Transcript:

Hi there.  Mike Brady with Generosity Wealth… Read More

Why the Stock Market is Obsessed with Oil

Oil

The S&P 500 is now almost perfectly correlated to the price of oil, which is interesting because over the past decade they’ve had virtually no correlation.

Energy only makes up 3% of the economy.

So why the focus?

  • Falling prices often signal softness in demand, which precedes an economic slowdown.  But, most believe this is a supply glut, not weakened demand
  • Cheap oil is causing US Oil production to cool off, hurting energy companies and

Social Security Isn’t a Nest Egg

SS isn't a Nest Egg

I was recently interviewed for a magazine with the question “what are the biggest misconceptions about Social Security”.

My conclusion, and the headline used, is that Social Security isn’t a nest egg.

  • Many people think it will pay out more to them than it actually will
  • Many believe you have an individualized account, sort of a government-held savings account.
  • A third misconception is that Social Security will be broke sometime in the

U.S. Stocks Were Positive 73% of the Time

poz

With an unmanaged stock market index going back to 1926, 73% of the time U.S. Stocks were positive. When you add in the “slightly negative” column of declines from 0 to 10%, that adds up to about 87% positive or slightly negative.

The future could absolutely be different, and you have to ensure it fits with your individual goals.… Read More

Happy Birthday to Me – 47

Photo Jan 28, 11 56 36 AM

I may be another year older this coming weekend, but due to my healthy diet and serious martial arts since this time last year, I look and feel about 10 years younger.

I plan on being around for decades, and am continually awestruck by how fortunate I am in my life.

All my love to my family, clients, and friends.… Read More

5 Questions at the end of 2015

“I want you to be everything that’s you, deep at the center of your being” — Confucius

This is my year end video, and it is one of the most important I’ve done in some time.  It is a reminder of some of the basics and foundations of investing!

I answer 5 questions that investors are probably asking themselves right about now

  1. What happened in 2015?
  2. Is this normal?
  3. Do I have the right investments?
  4. Will next year (2016) be different?
  5. What should I do?

The Year Nothing Worked: Stocks, Bonds, Cash go Nowhere

DJIAPlease watch my video on the next page as it provides the multi-year context for 2015.

Markets go 3 directions – up, down, sideways.  This year was a “pause” year of basically sideways, and in the multi-year look, something that happens periodically but frustrating nonetheless.

Click here for the full article

The Year Nothing Worked: Stocks, Bonds, Cash Go Nowhere

Why the Bull Market in Stocks Isn’t Dead Yet

151218183150-bull-staring-down-780x439There are endless things to worry about. As a matter of fact, in my 24 years of being in business, I can’t remember a year when I wasn’t worried about something.

However, you’ve got to keep that in check. As the graph below in the next article will show, if you are constantly running from the bad years, historically you’ve missed out on the vast majority that are positive.

I think 2016 will be another one of those positive years, but if I’m… Read More

U.S. Stocks were positive 73% of the Time

pozWith an unmanaged stock market index going back to 1926, 73% of the time U.S. Stocks were positive. When you add in the “slightly negative” column of declines from 0 to 10%, that adds up to about 87% positive or slightly negative.

The future could absolutely be different, and you have to ensure it fits with your individual goals.… Read More

95 Books in 2015

Interior_view_of_Stockholm_Public_LibraryTime for my annual book review, and in 2015 I ended up reading 95 books, less than the 118 in 2014 but I also had a pretty busy year (lost 40+ lbs, started martial arts, expert in over 40 different publications, etc.).

54% were fiction 46% non-fiction. 70 of the books I rated 4 or 5 stars, so I chose well. I read 11 personal development books, 15 business, and 18 general non-fiction.

My favorite fiction was probably Genesis Extinction Point #4, which… Read More

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