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Archives for November 2011

The Gift That Keeps on Giving

11/23/2011 by

The holiday season is upon us, which means gift shopping, visiting family members and planning for end of the year events. It’s easy to get caught up in the holiday mayhem year after year, and before you know it too many years could pass while you put off planning for your financial future.

We live in a fast-paced, high-energy society that is constantly on the move and always looking for shortcuts. As a result, certain aspects of our lives are often put on hold until a more convenient time when life isn’t so hectic. The fact of the matter is that life is always busy and sometimes we have to force ourselves to pay attention and take care of the important things now, so that we won’t pay the price down the road.

Filed Under: Clarity Coaching Tagged With: , ,

Get That Monkey off Your Back

11/04/2011 by

“A blindfolded monkey throwing darts at a newspaper could select a portfolio that would do just as well as one carefully selected by experts.” – Burton Maikiel, from A Random Walk Down Wall Street.

This observation from Maikiel prompted the WSJ to run a Dartboard Contest to test this theory. Over a ten year period, starting in 1988 and ending in Oct 1998, there were 100 such contests in which the results of monkeys throwing darts at a stock page were compared with the results of the best and brightest of Wall Street. Slam dunk for the “pros”, right?

Filed Under: Clarity Coaching Tagged With: ,