For your investing peace of mind, did you know it’s better for you to watch reruns of I Love Lucy instead of stock market reports?

My advice for you: Don’t listen to the latest S&P update on the radio and avoid the temptation to frequently check your portfolio on the internet.

Why? These short-term driven impulses will drive you crazy and destroy your peace of mind. They will cause you unnecessary anxiety when you should relax.

Trust your mix of assets and let time and diversification work for you, not against you.

Here’s a tip: Owning a lot of “stuff” does not guarantee prudent diversification. If you don’t know if you diversified properly, then you should seek a second opinion to find out.

These media stimuli can easily trigger buying and selling that is imprudent and self-destructive.

To learn more, download a FREE copy of my Investor Awareness Guide right from my website: www.thefinancialcoachinggroup.com

To your investing success!

When it comes to your investing decisions (or the one’s of your planner/advisor), how emotional are you?

Emotions Override Statistics!

You can justify almost any imprudent investment decision with “facts.” Information is filtered by our emotions to create “facts” that support our decisions or beliefs.

Without outside guidance (especially from a planner/advisor who derives commissions on trading activity), it is impossible to tell when and how this happens.

Truth in the field of investing is elusive. Hire a registered investment advisor/coach where decisions are not based on emotions and commission driven activity.

You will reap the rewards!

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Like you, I am always interested in learning. I am much more intrigued about learning something useful. Better yet, learning something that would help me be the best at what I do.

Whether it’s a personal or professional pursuit, I have hit many stumbling blocks. I must confess, when the time was a bit tough, I felt like quitting. I felt like giving up.

If you’re the kind of high-achieving, goal oriented person who finds yourself reading this, you have probably run into a few obstacles.

Let me quote a thought from Seth Godin’s book, “The Dip”

“Most of the time, we deal with the obstacles by persevering. Sometimes we get discouraged and turn to inspirational writing, like stuff from Vince Lombardi: ‘Quitters never win and winners never quit.’ Bad Advice. Winners quit all the time. They just quit the right stuff at the right time.”

I feel that people quit all the time. They just don’t quit successfully. There are many who should quit but don’t have the guts to do it.

Extraordinary benefits accrue to the tiny majority with the guts to quit early and refocus their efforts on something new.

Take investing, for example.

Almost all people go into investing with the intention of making great returns on their money. Unfortunately they don’t have a plan or an investing philosophy. With all the best intentions, they really are just ‘hoping’ to do well.

When things don’t go as expected, they either (1) quit and get out of the market, or (2) keep doing the same thing over again and expect a different result.

So, when is a good to time quit your current investing style (and company) and find one that works?

I hope you can handle this answer: As soon as you realize that you are not capable of managing your own money; that you are too emotional with your choices; and that you have identified your investing philosophy – and that it matches your investments. (Most people don’t even know what I’m talking about with the last answer.)

Are you ready to quit and do the right thing? It all starts with your desire to learn more and be the best.

If so, then download and read my FREE Investor Awareness Guide. It’s on our website. www.thefinancialcoachinggroup.com

I’ll talk to you when you are finished reading…

To your investing success!

Fact: Many Americans either have no insurance, or are under-insured

• Forty-eight million U.S. households (44 percent) believe they do NOT have enough life insurance.1
• The average person owns less life insurance (3.6 times their annual income) than they believe they should own (5.7 times their income).1
• According to a recent survey, more than one in four men reported having no life insurance.2
• In another survey, executives cited maintaining their standard of living and preserving wealth as two of their biggest financial concerns.3

As much as people want insurance, they also want guidance.

• Most people find buying life insurance confusing. Half don’t know how much to buy, and 39 percent worry about making the wrong decisions.4
• One-fourth of married parents say they haven’t bought life insurance because no one has contacted them.4
• The majority of households have no financial professional to turn to when they need life insurance guidance.4
• Eight in 10 married parents agree “it would be useful to periodically review the terms, provisions, and options of current life insurance policies.4

If you didn’t know, I have been helping clients with life insurance for the past 12 years. Where I find the two largest area of concerns that go unnoticed are:

a.  Policies over 10 years old are consistently outdated, overpriced and should be reviewed and updated to current standards – you could be saving a lot of money.

b.  Most people are under-insured and really don’t know they are under-insured.

Let me know if I can help you or someone you know…

1. "The facts of Life and Annuities," LIMRA International 2009

2. "Facts from LIMRA International," September 2008

3. "The Value of Executive Benefits to Corporate Executives," LIMRA International 2006

4. "American Families at Risk" Facts about life 2007