Only Experts Have the Right Guts

The majority of Minnesota investors make their stock market investment decisions largely on the basis of their “gut feelings” about what to own over the long term. The problem is that most individual investors are not investment professionals.  For that reason, most...

3 Questions for Your Financial Advisor

People in Minnesota have a lot of common sense.  Sometimes that common sense does not carry over into their investment lives. Here is a little reminder for you in regard to your investment common sense. When you go to the doctor, you ask him or her for the best...

Self-Attribution Bias

Later this April, working Minnesota residents will receive their company 401(k) retirement plan account quarterly statements. Reviewing these statements are the most engaged individual investors ever get with their company retirement plan accounts. Reaction to the...

April is Financial Literacy Month

During a routine homework session last week with my teenage son, I found out that April is National Financial Literacy month.  Not just in Minnesota; but all over the U.S.A. Every year, April is the month that investment professionals who provide investment advice to...

How is Your 401(k) Bracket Going?

One of the curses of my chosen profession is my internal obligation to read financial industry magazines each and every month.  For years I have continued to read article about the same subjects. The similar content reminds me of the old joke about Minnesota committee...