The gap between the 20-year S&P 500 return and the average equity fund investor return expanded in 2013. This was the first gap expansion since 2010 and only the 3rd in 10 years. The S&P 500 return increased from 8.21% to 9.22% in 2013 while the average equity fund investor return increased from 4.25% to only 5.02%. This resulted in the gap widening from -3.96% to -4.20%.
Submitted by Your Personal CFO - Bourbon Financial Management on January 25th, 2014
Over the past few years, we’ve carefully assembled practical tips and videos you can use to help you make better and more informed life decisions.
WE ARE ALL PREDICTABLY IRRATIONAL!
See examples of "cognitive illusions," and learn why humans make predictably irrational decisions.
For example, did you know that your vision can literally “trick” you whenever it can?
Submitted by Your Personal CFO - Bourbon Financial Management on January 25th, 2014
It's hard to save money. It's really hard. It's hard for monkeys and it's hard for us humans as well. Laurie Santos, associate professor and director of Yale University's Comparative Cognition Laboratory, and her colleagues conducted some very interesting experiments involving capuchin monkeys and financial decision-making.
Submitted by Your Personal CFO - Bourbon Financial Management on December 9th, 2013
Studies have demonstrated that the track record for individual investors is not encouraging. From 1990 to 2010, the unmanaged S&P 500 Index earned an average of 7.81% annually. Over that same period, the average equity investor earned a paltry 3.49% annually!
http://www.investopedia.com/articles/stocks/08/invest-on-your-own.asp#ax...
Submitted by Your Personal CFO - Bourbon Financial Management on December 9th, 2013
Les distorsions cognitives sont souvent la cause des mauvaises performances. Comment les minimiser?
http://www.morningstar.fr/fr/news/94912/les-investisseurs-sont-ils-ratio...
Submitted by Your Personal CFO - Bourbon Financial Management on December 9th, 2013
Deuxième distorsion cognitive: l’endowment effect, le fait de surestimer ce que vous avez dans le portefeuille, en perdant des opportunités de vente.
http://www.morningstar.fr/fr/news/94948/investisseurs-irrationnels-si-ce...
Submitted by Your Personal CFO - Bourbon Financial Management on December 9th, 2013
L’aversion au risque paralyse parfois les investisseurs qui ne savent pas quelle stratégie adopter.
Warren Buffet a souvent expliqué qu’il suivait deux règles de base en tant qu’investisseur professionnel. Règle numéro un: "Ne pas perdre d'argent", règle numéro deux : "Suivre la règle numéro un".
Submitted by Your Personal CFO - Bourbon Financial Management on November 30th, 2013
Real Estate Prices had fallen by 50% in some U.S. Cities. While homeownership rate has been declining since 2004, and housing affordability is lower due to higher home prices and mortgage rates, we are still optimistic on the U.S. housing market.
With home prices that bottomed out in 2012, home price appreciation has continued at a strong pace (more than 10%) in most top cities.
Since inception in 2009, BFM does not accept any commissions as that would compromise the integrity and impartiality of our advice.
A commission-paid advisor may be motivated to sell you financial products unsuitable for your financial needs. A conflict of interest may be present that undermines an advisor's independent approach.
Lors de la publication du projet de loi de financement de la sécurité sociale, le gouvernement a fait une mauvaise surprise aux épargnants détenteurs d’un contrat d’assurance vie ou d’un PEA.
Dorénavant, les prélèvements sociaux ne seront plus calculés en fonction de la date de réalisation de la plus value, mais en fonction du taux de la CSG/CRDS au moment du paiement de l’impôt.
See more at http://www.leblogpatrimoine.com/assurance-vie/assurance-vie-pea-reformes-des-prelevements-sociaux-nouveau-calcul-nouvelle-hausse.html#!
