How to Regain Control of Your Finances: Understanding Diversification

  Stop and take a moment to visualize your future. What would your days consist of, and who would be with you? It may seem far away, yet when you neglect to consider important milestones in your life, you’re more likely to defer your dreams and passions. Don’t let “life” get in the way of living. In…

Read More

The Balancing Act: Are You Truly Diversified?

Everything in life… has to have balance.” —Donna Karan Have you taken a “30,000 foot view” of your finances lately? Is it positioned for the growth strength, stability and cash flow you desire? To help you answer that, let’s examine asset allocation and diversification through the lens of Prosperity Economics.

Read More

Wall Street Hopes You Never Ask This!

“If they can get you asking the wrong questions, they don’t have to worry about answers.” – Thomas Pynchon, Gravity’s Rainbow Financial and political power congregates on Wall Street… epicentre of the American financial universe, and the subject of many a movie about the ruthless and the rich. But to the average American investor, putting…

Read More

Risk Assessment Questionnaire

How Risky Is That Risk Assessment Questionnaire? “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”  -Paul Samuelson   If you’ve ever walked into a financial planner’s office or a brokerage firm, chances are you were handed a “risk assessment questionnaire,”…

Read More

Dartboard Investments: Contests, Monkeys, and a Random Market

“A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” – Burton Malkiel Can the Stock Market Be Predicted? Back in 1973, Princeton Economist Burton Malkiel published the first edition of A Random Walk Down Wall Street, his now-classic…

Read More