Planning for both your short term goals while being cognizant of your long term aspirations is really difficult to grasp especially when you’re unsure of what the future “budget” is or should look like. At InSight, our mission is to
We get it, debt is tough. We recommend being aggressive and process oriented with the below steps. Step 1: Is it accretive or erosive? Is it something that is helping you grow your net worth or is it hurting your
Have you wondered, should I be Combining my 401(k)s? your not alone and we have written the below guide to whether or not its going to be right for you and your strategy. After a decade working with clients the
Making a large purchase is intimidating but there are a few ways to make it easier. I am a believer in taking on debt if it’s accretive in nature, meaning it’s helping my net worth grow. Making a big purchase
You should save if you don’t want to be reliant on an employer or the government to support you. For those like myself that love what they do for a living, I still don’t want to have to work. At
The younger you’re the more difficult it is to save because your income isn’t very high. However, here are some general guidelines to help you out. The younger you are the more compounding will help you. General Rule: The lower
Today is the last day that Tesla will not be part of the S&P. S&P Dow Jones Indices has announced Tesla’s addition Friday after the market close. Tesla will officially trade as a member of the S&P 500 by the
Hindsight bias is reading beneficial past events obviously predictable, and bad events as not predictable and without cause (called black swans). In the decade between 1999 and 2009, we have many explanations for poor investment performance. Brokers and talking heads
The bandwagon effect, or groupthink, describes gaining comfort in something because many other people do the same. After all, “there is safety in numbers” correct? This is a falsehood. But let’s separate bandwagon-ing, from conventional wisdom. There is value that
Information bias is the tendency to evaluate useless or the wrong information when determining value. It’s the belief that certain commonly held data points are helpful in understanding the value of an investment, when they may not be. The key
Confirmation bias is the natural human tendency to seek specific supportive sources, or overemphasize information confirming our decisions. People will often come to a conclusion, then seek information confirming the decision. Think about buying a car, once you bought the
