I recently sat down with Mark Matson, CEO of Matson Money & Abundance Technologies to ask him a few investing questions. In Part 1 of 2 Mark discusses investor concerns & compares what traditional advisors do versus what we do as Financial Coaches to help our clients achieve true financial peace of mind.
The Enemy of Prudence Is…
August 26, 2009 By Leave a Comment
Lance Armstrong won the Tour de France 7 years in a row through hard work and prudent exercise. Isn’t it easier to sleep in and not get out of bed in order to exercise? You feel good for the short term but a prudent consistent workout is always better for the long term. The same is true with investing…
Does Your Life Insurance Fail the Test?
August 24, 2009 By Leave a Comment
Most consumers don’t understand life insurance or the policies they own. Worse than that, most insurance agents don’t understand life insurance either, but they love to sell it to generate large commissions. Chances are you have a policy that is inefficient, possible outdated and was not structured properly from the beginning. Here are some quick facts that you should know…
Las Vegas Was Built On Losers
August 18, 2009 By Leave a Comment
Las Vegas is built on money lost, not money won – yet, no one ever talks about how much they lost in Vegas. Wall Street is built on trading, commissions, and bid/ask spreads – people lose in Vegas, people lose in investing too. Don’t get portfolio envy over every story you hear about someone who “won” on a hot investment (most of the stories aren’t true anyway).
Coming To A Theatre Near You
August 14, 2009 By Leave a Comment
When should you get in or out of the market? Over the last 6 months, Mark Matson, Founder of Abundance Technology/Matrix & Matson Money has been on TV talking about how equities are a good long term investment while the pundits on those shows have been saying otherwise. Those same pundits will change their story once the market comes completely back. The only people who will be hurt will be investors who base their investing decisions on the pundit’s ideas regarding how to time the market. Market timing does not work. Don’t try it.
Stock Markets – Efficient or Inefficient?
August 11, 2009 By Leave a Comment
It’s up to you to decide. Either the Stock Markets are efficient or they are inefficient. Your belief system will dictate your investing behaviors. One is prudent and the other is gambling and speculating with your money. Check it out!
The Mutual Fund "Stink"
August 7, 2009 By Leave a Comment
My good friend and co-advisor, Mark Matson, is a frequent guest on Fox News, Fox Business and CNBC. Together we are always asked the same questions. Which mutual fund companies are the best to choose? Well, the truth is: the con is alive and well in the mutual fund industry. Mutual fund companies know they don’t know which managers are going to be the winners going forward, but they lead unsuspecting investors to believe that they do – don’t fall for it.
You Tell Me
August 6, 2009 By Leave a Comment
Considering our current economic times, I am always asked if this is a good time to be investing. Not just investing but what to invest in. Let me turn the question back to you and: YOU TELL ME!