Blog by Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA

An Overview of Escient Financial's Investment Strategy

01/04/2021 02:40 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

In your and your family’s financial flight, your investments are the trade winds beneath your wings. How you invest can speed you toward your desired destination … or knock you into a tail-spin.

How To Be Positively Skeptical, Part 4: Check the Facts Before You Act

12/31/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

There are only so many hours in the day to do all the fact-checking you’d like to when deciding who and what to believe. How do you approach this never-ending challenge?

How To Be Positively Skeptical, Part 3: How Do You Do Your Due Diligence?

12/30/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

Our brains are hardwired to lead with fight-or-flight instincts ahead of rational resolve. As such, our critical thinking often plays second-fiddle to rash reactions such as fear, excitement, overconfidence, and regret.

COVID-19 Pandemic Stimulus 2.0

12/29/2020 01:56 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

After months of debate, the latest Consolidated Appropriations Act has been signed into law, which includes a new round of economic stimulus during the pandemic.

How To Be Positively Skeptical, Part 2: Understanding Your Emotions

12/29/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

Let’s talk about your emotional reaction to unfolding news, and the impact that can have on your financial well-being.

How To Be Positively Skeptical, Part 1: The Benefits of Having a Doubt

12/28/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

In this multipart series, we explore how to strengthen fact-checking skills. This is the first in the four-part series.

The ABCs of Behavioral Biases: Conclusion

12/23/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

We’ll wrap our series, the ABCs of Behavioral Biases, by repeating our initial premise: Your own behavioral biases are often the greatest threat to your financial well-being.

The ABCs of Behavioral Biases: S-Z

12/22/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

We’re coming in for a landing on our alphabetic run-down of behavioral biases. Today, we’ll present the final line-up: sunk cost fallacy and tracking error regret.

The ABCs of Behavioral Biases: P-R

12/21/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

So many financial behavioral biases, so little time! Today, let’s take a few minutes to cover our next couple biases: pattern recognition and recency.

The ABCs of Behavioral Biases: L-O

12/18/2020 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)

There are so many investment-impacting behavioral biases, we could probably identify at least one for nearly every letter in the alphabet. Today, we’ll continue with the most significant ones by looking at: loss aversion, mental accounting, outcome bias, and overconfidence.

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