Posts Tagged Investment Advice

I was chatting with a client Friday and we were both refreshingly honest about past mistakes we had both made in our lives as investors. He basically described the manner in which he pursued investment “fads” over the years and said he even felt “stupid” for having been such a willing buyer to every argument and strategy that was pitched to him. This is why CR Capital Advisors are independent and fee based. We simply share our opinions and views and appeal to the clients common sense and good judgment (buy where markets are growing and in core sectors that are here to stay. Buy when things are cheap not expensive). It´s like having a highly trained but more importantly, experienced therapist help you come to the conclusion that one must be more discriminating (Dont´ blindly trust investment products), even skeptical (of fear and greed) in order to protect ones own interests (health, $) in life. So, I just read an article that has climbed up the times list and I found it affirming.
Q.

So what kinds of things does a middle-aged brain do better than a younger brain?
A.

Inductive reasoning and problem solving — the logical use of your brain and actually getting to solutions. We get the gist of an argument better. We’re better at sizing up a situation and reaching a creative solution. They found social expertise peaks in middle age. That’s basically sorting out the world: are you a good guy or a bad guy? Harvard has studied how people make financial judgments. It peaks, and we get the best at it in middle age.

Wouldn´t Be So Funny If...

http://well.blogs.nytimes.com/2010/04/30/the-talents-of-a-middle-aged-brain/?src=me&ref=general

www.crinvestmentadvisors.com

Our clients and prospects that are considering engaging our firm for independent financial planning & investment advice are a diverse group of people whom live in different parts of the world. What they all have in common is the need to honestly assess the risk of their invesment portfolio and evaluate products and services. They need creative strategies to address unique needs. They also need more and better information about the general principles of financial planning; however sophisticated an investor they may be. We intend to use this blog to cite relevant news articles (links), comment on markets, profile strategies and products as well as share insights derived from an advisors “birds eye” perspective.