I am currently reading a book titled "The Optimism Bias: A Tour of the Irrationally Positive Brain" by Tali Sharot (see below for Amazon link). The Optimism Bias is simply: "our tendency as humans to overestimate the probability of positive events and underestimate the probability of negative events". The author believes that the human brain …
The Election is Coming!
If you have not already heard, this is an election year. With the S&P 500 already precariously high (new ALL TIME high set on 8/24/2020), fierce campaigning and uncertainty surrounding the election are sure to send the stock market significantly lower. Did I also mention that there is a pandemic going on? Wouldn't it be …
Update – Refinancing Your Mortgage
This is an update to my post written on August 14th, 2019 - exactly one year ago. Since mortgage rates have dropped even further, I have updated this post with current information. Interest rates here in the United States have dropped significantly in the last year. Yields on ten year US Treasury bonds have fallen …
I Am A Bull
I am stock market bull. I have come to terms with that reality. I always thought I was impartial to the moves in the stock market like I was when I was a trader. As a trader you have to always be ready to pounce on the next market move, whether it's to the upside …
What Now?
Fears of the economic effects of Corona Virus caused the S&P 500 to fall over 33% in about a month. March 23rd marked the low of the selloff - the S&P 500 has rallied an impressive 30% since then*. After an amazing rally from the recent lows, many investors are wondering - what now? Preface: …
The Naperville Financial Planner 