The Financial Advice I Wish I'd Known Then

Posted by Carlos Sera on Jan 6, 2016 8:30:00 AM

One of my favorite musicians is Bob Seger. I saw him perform live while in college and he left a lasting impression. The first time I heard the song “Against the Wind” I was living in Seger’s hometown of Detroit, and the song only elevated his status. I think it is brilliant; containing one of the most poetic and philosophical lines of any song: “Wish I didn’t know now what I didn’t know then.”  As soon as I heard it, I knew it would be part of my permanent collection of things to ponder.  While he wrote it as mid-thirties musician reflecting on his teenage years, it is applicable at any age looking backwards.     

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Topics: finance, Behavioral Tales

Why Diversification is Temporarily Broken: A What to Do Today Tale

Posted by Carlos Sera on Dec 23, 2015 9:32:00 AM

This tale is a major departure from my other tales.  The last time I actually made a market call was in October of 2008.  It was a bullish market call since it was clear to me that stocks were cheap, quality Blue Chip stocks were paying high and sustainable dividends, and the future of the stock market would be one of reduced volatility. 

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Topics: FINANCIAL TALE, Stock market, Volatile Tales

Why Shouldn’t I Use a Financial Checklist?

Posted by Carlos Sera on Dec 23, 2015 8:30:00 AM

"So Carlos, what do you think about when you step up to the tee on a par 5?"  

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Topics: Investing, financial checklist

The Importance Of Technical Analysis: "Why I Became A Chartered Market Technician"

Posted by Carl Sera on Dec 16, 2015 2:36:38 PM
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Topics: Articles, Stock market

3 Barriers to Successful Investment Returns

Posted by Carlos Sera on Dec 9, 2015 4:25:11 PM

What Is Holding Back Your Investments?

As the old saying goes, "When you lose 100 percent of your money on an investment, no matter how much you put in, it's all gone." 

Watch our short video below to learn about:

  • The top the barriers to success in your investment returns 
  • Which one of those barriers is the worst offender 
  • What investment management goals you should have and why
  • Why it's so important to understand market unpredictability
  • And much more... 
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Topics: Stock market, volatility

A Financial Tales Philosophy Blog: "What Do CNBC and ESPN Have in Common?"

Posted by Carlos Sera on Nov 12, 2015 3:30:00 PM

A long, long time ago in what seems like a galaxy far, far away, I was a graduate student doing my best to master finance and economics.  There was this one great professor with a mission - it was to teach us to think.  Our twicee-a-week assignment was to read what others had written about finance, economics or business and to find a flaw or fatal assumption.  Each class, we had to come prepared to expose the faulty writing, incorrect assumption or some other clear violation of what, at that time, was the “only one and true way” to view money, finance and economics.  Our source material was the universe of publications and one of our favorites was the Wall Street Journal, the business section of most any newspaper, as well as countless business magazines.

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Topics: Articles

Money, Math and Markets: How Money Really Grows

Posted by Carlos Sera on Nov 6, 2015 3:00:00 PM

How Do You Think Money Grows?

When it comes to money and math, there is a big difference between how people think money grows over time and how money actually grows over time. What is this difference called? Compound interest.

Watch our short video below to learn about:

  • What compound interest is
  • How money grows in the stock market
  • Actual return vs. average return
  • Reducing market volatility
  • Diversification and rebalancing 
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Topics: Stock market, volatility

Is a College Education Worth It? A Halloween Tale

Posted by Carlos Sera on Oct 29, 2015 3:00:54 PM

Halloween seems like the perfect time to post about the college selection process and the aftermath of the decision.  High school seniors are busy completing their final applications and soon they will know where they will spend the next four years of their lives.  Let me rephrase, hopefully spend the next four years of their lives.

I recently came across two articles that captured my attention.  The first is about a college senior that ran out of money to pay her final year. The second is about a recent college graduate that works at Google and lives in the Google parking lot in his truck in order to pay off his student loans.  I find the extremes in attitude to be significant. 

One accepts personal responsibility and will do whatever it takes to achieve his goal while the other seems caught between a feeling of entitlement and victimhood.  It is always instructive to look at extremes when making what is now arguably the most expensive decision of your life. 

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Topics: Innocent Tales, Saving for college

The Financial Tales Philosophy: You Are Your Own Financial Advisor

Posted by Carlos Sera on Oct 23, 2015 2:48:04 PM

You Are Responsible for Your Money

While the buzz around the financial industry may have you believe that you have two options: 

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Topics: financial tales, Investing Tales

How Can I Spend More Money In Retirement? A Partnership Tale

Posted by Carlos Sera on Oct 21, 2015 8:30:00 AM

Did you know you have a partner?  Let’s see if you can guess his name.  He is a relative.  You know him well.  In fact, every year we celebrate his birthday with fireworks.  You probably know the answer by now but if you don’t, let me introduce you to your Uncle Sam.

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Topics: FINANCIAL TALE, Retirement Tales