Archive for the ‘Incentives’ Category

Radio Interview with Dr. Jason Carthen

I was recently asked to be on an hour long radio show / podcost talking about ethics in the workplace. It was titled “Navigating the Demands of Business and Remaining True to Yourself”. It was lot of fun, and the host was really engaged and enthusiastic.  While he and I talk about the demands of business and how being ethical is so important, I share my life story with him, which many of you know.  I am pretty open with him (as I am with everyone who is interested), sharing the ups and downs of my personal and business life. ... Read More

2013 Tax Planning Guide

One month left in 2012.  Now is the time to ensure you’ve done your last minute tax planning for 2012, and looking towards 2013. Read More

Stay the Course?

Are you a “lane changer”? In traffic, he’s the guy who’s constantly changing lanes, expending a lot of energy but doesn’t really get ahead. We all know we’re supposed to “buy low and sell high”, but unfortunately your average investor doesn’t do that. When we look at the flows into and out of equity funds we find that people are pouring tons of money in when the markets are high and withdrawing at market bottoms. Why? By the time people feel comfortable with the direction of the market (investor confidence is increasing), they’re looking at recent past data and many ... Read More

Find Your One Thing

In the movie “City Slickers”, Curly is asked what the meaning of life is. He replies “One Thing”. It’s my belief that your financial success is so much more than just investments. That’s why I named my company “Generosity Wealth Management” instead of “Generosity Investment Management”. I feel 80% of acquiring and preserving wealth is behavior, not chasing after the home run investment. A colleague here at the office said “funny, the harder you work the luckier you seem to get”. I couldn’t agree more. My video this week is about the importance of finding the “one thing” that you’re ... Read More

Intra-Year Declines

It is common for there to be declines in the markets throughout the year, sometimes even double digits declines. This is to be expected. As an investor, one of the reasons we diversify and modify our allocations throughout the year is to try to minimize these fluctuations. What should you do when there is one of these expected declines? It depends on the situation at that time. Please click on the video below for a 4 minute discussion I give on this topic……   TRANSCRIPT: Hi there, Mike Brady with Generosity Wealth Management, here in Boulder, Colorado. And I this ... Read More

3rd Quarter Review / 4th Quarter Review

The 3rd Quarter 2011 is over and I have a slightly longer video this week because I want to address the current environment and how things may shape up going forward. A big theme is my advice to assess your overall plan and risk tolerance, and also to ensure you’re looking at both positive and negative points of view on the markets instead of just one view over the other. I send my newsletter and videos on a weekly basis, so if you watch only a few througout the year, at least watch my more comprehensive quarterly videos. Click to ... Read More


This is a less serious video this week. It’s about incentives. I tell a story about a friend who has a $75,000 a year meal & entertainment budget, but the negative incentives put upon him by his accounting department have some unintended consequences. In evaluating an investment, public or private, be sure you think about the managers, organizers, and CEOs to ensure their goals are aligned with yours and with the right supportive incentives. Take 2.5 minutes to watch/listen to my video   TRANSCRIPT: Hi Clients and Friends, Mike Brady here. I just got done with the detailed video of ... Read More

TARP cost Estimate Cut to $25 billion?

Finally a government program with cost estimates LESS than projected. The $700 billion Troubled Asset Relief Program is estimated by the CBO to come in at $25 billion dollars. At the time, if you remember, it was billed as a gift and we were out the money. However, due to repayments and other fortunate events, most of the money allocated has either not been used or has been repaid. AIG and the auto industry are costing about $45 billion whereas the other aspects are giving the taxpayers $20 billion of profit, for a net of $25 billion cost.  CLICK FOR ... Read More

Unintended Consequences

There is an interesting study that says states that ban texting while driving actually have rising accident claims. Why? They theorize that drivers try to evade police by lowering their phones when texting, which increases the risk by taking their eyes even further from the road and for a longer time. Why do I bring this up? Because the unintended consequences of every action should be taken into consideration. A good think to remember when we’re talking about economic policies–monetary or fiscal. CLICK FOR FULL ARTICLE – CRASH INTO ME   Read More

Warren Buffett’s Worst Trade & Biggest Mistake

I love Warren Buffett. He has such wisdom and humility that I count him as one of my business heroes. What can we learn from him today? How about from his biggest mistake?  CLICK FOR FULL ARTICLE – WARREN BUFFETT’S WORST TRADE & BIGGEST MISTAKE Read More

What’s Worse: Losing Money or Not Making Enough?

It’s the old adage — Greed and Fear. Is the pain of losing money greater than the joy of making money? The problem is that most people NEED to take some risk to realize their retirement goals because the rate of return needed is greater than the risk free return. With inflation, there’s opportunity cost as well. One of the things I do for clients is work with them to balance these competing desires of growth and principal protection. Call me if you’d like to discuss this in your situation. Click on the link for a discussion of which is ... Read More

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The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.

The Standard & Poor’s 500 Index (“S&P 500”) is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market.

The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.

Indexes are often used as a proxy for the stock market and cannot be invested in directly.