By Steve Wachs, CFP® “Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.” Warren Buffett We have previously used the first [...]
by Steve Wachs, CFP® Some of you may recognize this quote. Was it spoken by FDR, Winston Churchill, or Ronald Reagan? Actually, it is spoken by Coach Eric Taylor from the fictional television [...]
by Steve Wachs, CFP® Impeachment, U.K. officially withdrawals from the European Union, US/Iran on the brink of war, Australian bushfires, the death of Kobe Bryant, Hong Kong protests, the [...]
by Steven G. Wachs, CFP® “You must never confuse faith that you will prevail in the end—which you can never afford to lose—with the discipline to confront the most brutal facts of your current [...]
By Steve Wachs CFP® “We have long felt that the only value of stock forecasters is to make fortune-tellers look good. Even now, Charlie (Munger) and I continue to believe that [...]
By Steve Wachs, CFP® “Worry is paying interest on a debt you don’t owe.” – Mark Twain Climbing a wall of worry is defined as a market uptrend that occurs when there is significant [...]
By Steve Wachs, CFP ® “Everybody has a plan until they get punched in the mouth” – Mike Tyson As financial planners, we believe it is extremely important to have a plan. For [...]
By Steve Wachs, CFP® “Life is like a roller coaster. Sometimes you close your eyes and hold on in sheer terror, other times you just have to raise your hands up in the air and enjoy the [...]
By Steve Wachs, CFP® “It’s a short trip from the penthouse to the outhouse.” This quote appeared in last year’s Perspective when we asked the question “are we in for an outhouse season in [...]
By Steve Wachs, CFP® “If the market dives, it must be October.” – Client of Legacy Consulting Group This was from an email received recently after the stock indexes has declined on [...]