Advisors
There is a Painful Pattern to Stock Market
There are many advisors who tell clients that there is a pattern to the stock market. Many believe that in the long-run, it will go up in a stair-step pattern. I agree, but it can feel like a ramshackle staircase.
The Stair Case pattern (the graphic is from JPMorgan and shows the last century of annual equity returns)
The identified pattern is a stair-step pattern of growth and then flat and then growth again. What causes this pattern? The stock market is a reflection of the greater business and social environment. When businesses expand, the cost of that
The Right Approach to College Visits Can Help Your Clients Make the Right Financial Choice
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Written by Patricia Krahnke & Bruce Neimeyer
Although it’s important for students and their parents to understand what a college looks and feels like, we generally recommend that families don’t embark upon serious college visits until the student has been admitted during the senior year.
Do Questions Matter?
Nancy Kline, the author of Time to Think and More Time to Think, has taught me a number of significant truths. One is that “the human mind thinks best in the presence of a question.”
Turning that idea over in my brain a million times caused me to recognize that questions matter, and they matter deeply in every field of human thinking. The nature and quality of the questions we ask determine the nature and quality of the thinking we spark and the answers we receive.
I learned in law school that certain types of questions produce particular kinds of answers. For example, &l
