Page 4 - Seasons Of Money Life FINAL
P. 4
SPRING: GROW
The daffodils break ground in Spring. We, too, will focus on growth this season. In financial planning, we naturally veer toward thoughts of growing our portfolios. More is better, right? (Actually, the answer is complicated.)
Making good investment decisions is essential but fraught with psychological pitfalls to be managed. Our financial capital is only one way we grow. Our skills, relationships, time, and attention are each assets that we can cultivate deliberately. Planners who embrace the whole human in their process, are more likely to build a broader, multi- generational audience.
COMING THIS SEASON
๏ Bias-palooza: When our ancient brains confront our go-go world, befuddlement sometimes ensues.
๏ Why “simple” rules for smart investing and saving are harder to follow than many suspect.
๏ Why managing expectations is one of the most important tasks an advisor must master.
๏ How non-financial forms of our human capital need to figure into the financial planning process.
