One of the great things about my business is that I make time to read volumes of books and studies on economics, behavior, and investment management strategy. I am a big fan of the work of psychologist Daniel Kahneman. His work, along with his late partner Amos...
What are your biggest investment hopes and dreams for 2013? Every year I talk with Minnesota investors who are caught like a deer in the headlights just thinking about their answer to that question. Ask yourself what you are looking for in the relationship that you...
I vividly remember the first time I received money as a gift on Christmas. That gift was given to me by my Grandparents. That first Christmas gift of money was the first time that I ever saw money “in person.” I still remember how fascinated I was with the look, feel,...
We are in a historic time period of uncertainty around the world. If David Letterman made a Top Ten list of the “Biggest Things To Be Worried About,” the upcoming Fiscal Cliff in the U.S. would surely make the list. Minnesota stock market investors hear time and...
In Minnesota, we stick by our local companies. That is the Minnesotan thing to do. Our parents—mostly Minnesotans themselves—taught us that way of thinking. We shop at Target, by 3M Post-it notes, and load up on General Mills and Hormel products at Super Value. And...
The buy-and-hold strategy is by far the most popular investment management strategy for the majority of Minnesota company 401(k) retirement plan participants. I don’t find many individual company retirement plan participants who have the investment experience or...
