Archive - April 20, 2012

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Are you a left or right brain investor?
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One Way To Build Your Wealth By Looking at Your Tax Return
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Here’s How You Ease the Stress of Tax Season

Are you a left or right brain investor?

In our last article we introduced the concept of behavioral finance which is a relatively new field that has been gaining importance over the last twenty years. Behavioral finance is the area of economics that studies how the financial decisions we make are influenced by factors beyond a purely logical analysis of the situations we face. Specifically it studies how our biases and emotions affect the manner and quality of our decision making.

Left and right brain

Much of the research conducted on how the brain operates suggests that the left and right sides of our brain perform different and …

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One Way To Build Your Wealth By Looking at Your Tax Return

Many people don’t bother reviewing their federal tax return after it has been prepared. That’s a big mistake. As a Financial Advisor, I always insisted on reviewing the federal income tax forms with the client. I can find out a lot about the accounts and the investments of a person through a review of these forms. There are many valuable insights that you can get from an income tax review that can build wealth and help with financial decisions during the year. Here are just a few:

  1. When you get your refund or a statement of what you owe, many
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Here’s How You Ease the Stress of Tax Season

Even with an extra two days added onto the traditional tax deadline of April 15th (because the 15th is Sunday and the 16th is a holiday in the District of Columbia), many people scrambled at the last-minute to file their taxes this year. If you are one of these people, do you wonder why you find yourself in this position year after year? Is it because a lack of financial planning causes you to dread anything related to money?

Rather than beat yourself up this year (again) because you waited until the last minute and felt all the stress that …

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