Michael Chamberlain, CFP®, Author at FIGuide

Comparing Traditional to Evidence-Based Investing

Mar 29 2017

Evidence-based investing integrates a similar methodology as the more widely known evidence-based medicine, which incorporates broadly accepted research with sound design to optimize the decision-making thought process for the best outcome for the patient. The Centre for Evidence-Based Medicine at Oxford in the United Kingdom has high praise for the process, noting that, “Evidence-Based Medicine is the conscientious, explicit, and …

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5 Reasons Why You Shouldn’t Use Yelp to Find Advisors

Jan 03 2017

Yelp is a very popular online site where consumers post ratings based on their personal experience of retail stores, restaurants and service providers. The simplicity of the site is that if you see that 200 people had been to a particular restaurant and each had a very good experience, there’s a good chance that you will have a favorable experience

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For Before You Get Married, Financial “To Do List”

Aug 22 2016

For a variety of reasons, far too many marriages end in divorce. Relationship counselor Peter Saddington says that money issues are the number one cause of divorce and according to a survey of Certified Divorce Financial Analyst® professionals, money issues are the third leading cause of divorce.

No matter where “money issues “ falls on the list of primary causes …

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The Difference Between Having an Estate Plan and Wealth Transfer Plan

Jul 19 2016

Unfortunately, only about 45% of adult Americans have estate-planning documents. Generally, as one accumulates more assets as they becomes older, the probability of having estate-planning documents increases.

When you die without a will or trust, the State in which you reside has laws that determine to whom your assets will go. This may or may not be what you want. …

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“Brexit” and Its Impact on the Stock Markets

Jul 05 2016

Everyone knows that Brexit is an abbreviation of “British exit” and refers to Britain’s vote to withdraw from the European Union. When the UK voted to leave the EU the stock markets reacted around the world.

On Thursday June 24^th the day after the vote, most markets were down and lost even more through Monday the 27^th.…

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Author - Michael Chamberlain, CFP®