by Justin Knapp | Jul 6, 2016 | Uncategorized
“The one rule I have is I give very general instructions to my financial advisor, and then I don’t monitor it. I think that’s good, both because it causes more anguish than pleasure, on average, and because you’re tempted to make stupid decisions if you monitor things...
by Justin Knapp | Jul 6, 2016 | Uncategorized
“Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.” – Seth Klarman We could all use more sleep. The older we get, the busier we are. And the busier we are, the more challenging it is to get the requisite 7-9 hours...
by Justin Knapp | Jul 6, 2016 | Uncategorized
In a stunning move, Britain has voted in favor of what is popularly called Brexit, meaning a British exit from the European Union. The nation held a referendum on whether it should remain in the EU or leave it. And the vote, which has significant consequences for the...
by Justin Knapp | Jul 6, 2016 | Uncategorized
Brexit! This is not a drill! The klaxon horns have sounded, and it’s all hands on deck! The British “leave” vote — Brexit in financial medialand speak — has forced us all once again to rouse ourselves from our media-induced slumber and get busy getting busy. Pull on...
by Justin Knapp | Jul 6, 2016 | Uncategorized
Looking Back Stock-market declines are always obvious in hindsight. When technology stocks reversed course in spring 2000, after years of gains, the New Era was over. Prudent investors exited. Several years later, The Big Short informs us, the smart money understood...
by Justin Knapp | Mar 9, 2016 | Uncategorized
Is it possible to have it all in retirement? That’s what so-called continuing care retirement communities promise. These hybrids offer independent living apartments (and sometimes free-standing cottages) along with assisted-living support, home care, a nursing home...
