We create and communicate ProsperOn’s to deliver timeless, valuable wisdom to our clients, with the hope to provide greater clarity, capability and confidence. In other words to help people be better investors. We hope these are valuable to you and your family. In August of 2015 the financial markets seemed to do what nobody likes […]
It is fascinating to watch and listen to the narrative of media within our country. We have a tendency to take sides on any given issue, resulting in a constant battle between good and evil, black and white, up and down. Then, when citizens attempt to turn off the noise, both sides yell louder in […]
“Human flight by a machine will occur between one million and ten million years from now,” estimated the New York Times on October 9, 1903. Coincidentally, on that very day, Orville Wright wrote in his diary, “We started assembly today.” Ten weeks later, the Wright Brothers flew! The New York Times mistaken prediction was prompted […]
July 17, 2015 is the 40th anniversary of the linkup between America and the Soviet Union in outer space. This was an amazing feat back in 1975, considering the Cold War had not yet even ended; rather it marked a bold step by two global adversaries, willing to dock two space crafts in outer space […]
(Golden, CO – August 11, 2015) Prosperion Financial Advisors joins with the First Judicial District Attorney’s Office in providing vital crime prevention services to seniors in our community. Prosperion Financial Advisors donated $10,000 to the DA’s Power Against Fraud program which provides crime prevention information and resources for seniors. In gratitude for Prosperion’s community support, […]
I believe it is imperative for investors to understand the difference between volatility and risk. Though often used synonymously, these are two very distinct ideas. We think success can be increased by clearly understanding the distinction between these financial principles. Let’s start by taking a look at risk.
When I evaluate companies for investment there’s always one character trait I look for, disruptive innovation. These troublemaker companies aren’t content with the status quo and dare to be different. They seem to spring up in well-established business models like the lone tree in the desert all the while wondering why they’re the only ones […]
March 9th, 2015 marks the sixth anniversary of the end of the last market correction. That day the Standard & Poor’s 500 ended at 676.53 versus today’s closing level of 2,100. But the significance of the sixth anniversary is not one of value, but of time and the frequency of bear markets. Historically there have […]
Ever heard the phrase “Back up the truck”? It’s a slang term among professional investors referring to the purchase of a large position in a stock or other financial asset. Typically this is a way of saying an investor is extremely bullish on a particular investment, using imagery that conveys the truck backing up to […]
As we wrap up yet another year of incredible progress we want to take a moment to look back over the events of this past year. Experience reminds us this exercise is crucial to maintaining a long-term perspective both personally and professionally. Let’s take a look at the predictions, the surprises, and the lessons we […]
In the book Thinking, Fast and Slow author Daniel Kahneman famously describes how people are generally loss averse when it comes to money decisions: “Losses loom larger than gains. The ‘loss aversion ratio’ has been measured in several experiments and is usually in the range of 1.5 to 2.5: 1.” In other words, people are […]
Have you ever noticed how noisy the media is when it comes to finance, investments, or even your retirement? I often have a news program on – but usually have the sound turned to “mute.” That’s the volume I tend to prefer. Glancing up at the TV last week, I saw a clever ad from […]
Do you ever get the feeling that it’s more popular to be a pessimist than an optimist? Have you ever noticed how bearish financial forecasters seem smarter than those who are bullish? I first heard this point from Ron Baron at the Baron’s Investor Conference this year. Since then I’ve been paying special attention to […]
Why do you invest? It’s a simple question, but one so few people consider. Investors often fail to understand their reason for making investments, for saving money, or for what they invest in. They fail to ask themselves the fundamental question for making an investment – to discover their “why.” I believe the biggest why […]
If January taught us anything, it was that 2013 was truly an exceptional year for the equity market averages. Falling uncertainty, solid corporate earnings, and a rebounding economy all contributed to rising stock prices and exceptional performances for many portfolios. But as we’ve seen so far this year, 2014 could be more difficult. With that […]
Perspective is in increasingly short supply right now. Business news and market commentary is ever focused on urgency. But good investor behavior requires thinking long-term, staying grounded, and resisting the belief that daily market machinations are important enough to warrant changes.
