Tag Archive for: Steve Booren

Confusing Volatility and Risk

https://www.youtube.com/watch?v=YQrmzEwo_Cg 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…
The lIfeblood of Advancements and Progress

The Lifeblood of Advancements & Progress

https://www.youtube.com/watch?v=rWRjwiR_edU 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…
When will the market correct?

When Will the Market “Correct”?

https://www.youtube.com/watch?v=1E0C6NNrnY4 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…
Time to Back Up the Truck

Time to Back Up the Truck?

https://www.youtube.com/watch?v=WKg3ISoM1zs 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…

2014: The Year in Review

https://www.youtube.com/watch?v=QlTdNYr0GI0 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…
The Towel Over the Treadmill Approach
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The “Towel Over the Treadmill” Approach

https://www.youtube.com/watch?v=Lfawd_krr_E 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…
Tune Out the Noise

Tune Out the Noise

https://www.youtube.com/watch?v=Jz3NrCavLws 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…
Financial Forecasting

Financial Forecasting (and Other Popular Myths)

https://www.youtube.com/watch?v=7oasXYQ4vBs 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…
How to Invest for Income
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How to Invest for the Goal of Growing Income

https://www.youtube.com/watch?v=WqYGlBUN_Ns 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.…
5 Investing Principles
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Back to Basics – 5 Investing Principles

https://www.youtube.com/watch?v=BnjtzOVuQoU 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…
4 Freedoms of Retirement
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How to Get Ready for Retirement – The 4 Freedoms

https://www.youtube.com/watch?v=rqJv6rmUBYg People often think of retirement as freedom from work. It’s the day they step away from their career, collect a gold watch, and set sail for the Bahamas. While retirement does usually include the…
Investments with Uncommon Tax Benefits

2 Common Investments with Uncommon Tax Benefits

https://www.youtube.com/watch?v=WUaDmiRlMIE A common question we receive at Prosperion is “where all the tax-advantaged investments?” Last week John Booren covered two simple ways to reduce taxes on income, but certain types of investments…
Starbucks In Vietnam
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Starbucks in Vietnam – Why Perspective Matters

https://www.youtube.com/watch?v=o1b9wBlOlkY I’m a big believer in perspective. I believe the right perspective influences how we interpret the world and is key to seeing all the opportunity around us. These past few weeks we’ve been…
Starbucks In Vietnam
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Prosper On: 2012 Wrap Up

https://www.youtube.com/watch?v=mKp9VPolgsE Rather than provide the standard yearly wrap up, I thought it would be best to address the two most frequent questions I’ve been receiving. First, what was surprising about 2012? Second, what’s…
Starbucks In Vietnam

Time to Get to Work

https://www.youtube.com/watch?v=nUGYWKgmCr0 With the 2012 election over and a familiar face in office it’s time to get to work. We are, and always have been, a land of opportunity for those willing to put in the time and sweat. Now is the…