Month: April 2023

Mind Your Money: The 5 Behavioral Investing Biases (Ep. 68)

Mind Your Money: The 5 Behavioral Investing Biases (Ep. 68)

Behavioral finance is an intriguing field of study, with five common investing biases you might not even recognize yourself, let’s get into them! 

In this episode, Kris Dureau details the 5 behavioral investing biases you should be looking out for. With the state of the market, this is a great time to start keeping these 5 pieces at the forefront of your investing decisions. 

Kris discusses:

  • A deeper look into confirmation bias, commitment bias and anchoring; do you know the other two?
  • How your financial advisor can help in times that you are doubting your news sources 
  • While confidence is certainly a valuable trait, overconfidence can often lead to impulsive decision-making.
  • And more

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Windfall Wisdom: What to do When You Inherit a Large Sum of Money (Ep. 67)

Windfall Wisdom: What to do When You Inherit a Large Sum of Money (Ep. 67)

Who hasn’t bought that lottery ticket hoping it’s the winner in the big? But what if it really happened? What would you do? The same goes for any kind of windfall, including an inheritance or a gift. 

In this episode, Kris Dureau details the steps you need to take to make sure you safeguard the wealth and the process following a windfall along with a number of informed decisions you can then make that will maximize the payout. 

Kris discusses:

  • How you can direct your inherited wealth to four different “buckets” 
  • The tax deferral benefits of different investment vehicles
  • The benefits of giving or donating a portion of your wealth
  • How to comfortably save for retirement in today’s wealth climate 
  • And more

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