Premise A popular notion floating around the financial planning industry is that individuals don’t think rationally when it comes to investing. Investing is a largely emotional process, we’re told, and the client is essentially helpless at the helm. This is why a financial adviser is necessary. The adviser helps the client by taking over control [...]
Entries Tagged as 'stocks'
Are You In Control Of Your Investments?
July 22nd, 2011 · No Comments · Investing, Philosophy In Financial Planning
When should you sell your stock? How high should you let it grow before taking profits?
April 16th, 2008 · No Comments · Investing
This question – actually two questions – comes from Bill from NY: When should you sell your stock? How high should you let it grow before taking profits? This is a question that gets asked a lot actually, and there are no easy answers here because I don’t know exactly what you own. But, ordinarily, [...]
What Are Stocks?
March 19th, 2008 · No Comments · Investing
Stocks represent partial ownership in a corporation. If you own stock in a company, you share in the profit and loss of the company. I know most folks like the profit part, but this is where the “risk” comes in – the loss. As a safeguard against loss, stocks offer limited liability in the corporation. [...]