Luck v. Skill

A big point of conversation in the financial media is the excellence of passive investing over active investing.  In other words, buying funds that mimic broad market indices is better than buying funds that actively pick stocks.  We disagree.

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The Huqoq Excavation Project

Traveling always involves some moments of serendipity, and our recent cruise along the coastline of Croatia with Travel Dynamics was no exception.

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Matching Goals and Expectations

Everyone may define risk in different ways.  However, when it comes to investing money and planning for the future we believe risk management is paramount.  So, if there are many views of what risk is how can we properly manage it?

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NexGen Travel Tools and Resources

It seems as though everyone is downloading and using apps on their smartphones or utilizing some interesting new software.  No one would believe that I am a first adopter, but some free software that I find to be very advantageous includes:

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Playing the Odds

We often talk about putting the odds in your favor. In our opinion, speculating in the stock market is akin to gambling and in most times you are more likely to lose than win. Well, what about playing Powerball with your lucky numbers on a gut feeling?

According to the July/August 2014 issue of the Smithsonian Magazine, it would take 1,167,843 YEARS of playing the Powerball to have a 50-50 chance of winning the jackpot. This was taken from The Improbability Principle: Why Coincidences, Miracles, and Rare Events Happen Every Day by David J. Hand.

Is might just be us, but we do not like these odds very much. We encourage clients to always ask themselves how likely it is their investment thesis will work out before putting money to work.