by Michael Lecours | Aug 1, 2018 | Investment Behavior
Picture this. It’s an average summer morning, except it looks a little cloudy outside. You decide to shut off the AC, open a few windows and get the fans going before you head out. On your way home from work it starts to pour. Heavily. You think….I knew it might...
by Michael Lecours | Aug 10, 2017 | Investment Behavior, Rule of Thumb, Saving
Over the last few years, I have worked with a lot of young families to plan how they will save for retirement and fund education costs for their children. Their problem was simple: they knew they needed to save more but they didn’t know where to trim their budget. ...
by Michael Lecours | Jul 24, 2017 | Investment Behavior
Daniel Kahneman, a 2002 Nobel memorial prize recipient in economics had stated that people might drive all the way across town to save $5 on a $15 calculator but wont drive across town to save $5 on a $125 coat. Even though the end result is the same, more people...
by Michael Lecours | Jun 21, 2017 | Investment Behavior
We’re having our first intern join us for the summer – Ed Butterly a senior from University of Hartford. While he is assisting me in a lot of research, I have asked him to write for the blog every time he comes across something fascinating. It was no surprise that he...
by Michael Lecours | Jun 8, 2017 | Finding Confidence, Investment Behavior, Investment Strategies, Personal Development, Retirement, Saving
Defining one’s goals isn’t easy for some people. Trying to envision what your life will look like at some point in the future can be difficult. There are so many emotional and financial variables and so many unknowns in life that it can leave you feeling...
by Michael Lecours | Feb 9, 2017 | Investment Behavior
The big headline the other day was news of the Dow Jones Industrial Average (DJIA) reaching 20,000 for the first time. It’s gathered headlines all over the world. I counted 13 articles in The Wall Street Journal about the Dow 20,000. Most of the mainstream media has...
