The 2030s may seem like the distant future and certainly not a focus for many of us looking to just make it through these challenging current times. However, we, at BWFA, spend much of our time considering what life will… Read More
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How to Protect Your Business from Future Uncertainties
A new decade always comes with a slew of predictions that can be scary for small business owners. Without a crystal ball, you might feel helpless. There are three practical steps you can take to protect yourself from whatever… Read More
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Past Performance is Not an Indication of Future Results
“While results vary from asset class to asset class and from time period to time period, experience suggests that for predicting future values, historical data appear to be quite useful with respect to standard deviations (risk), reasonably useful for correlations,… Read More
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6 Ways to Fight Fear of Volatility with Facts
You wouldn’t be human if you didn’t fear loss. Nobel Prize-winning psychologist Daniel Kahneman demonstrated this with his loss-aversion theory, showing that people feel the pain of losing money more than they enjoy gains. As such, investors’ natural instinct is… Read More
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When will the Bull Market End?… When Did it Actually Start?
• S&P 500 average length of a bull market is 97 months • S&P 500 average length of a bear market is 18 months Consider what are alleged to be the two longest running bull markets in modern financial history—one… Read More
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Monte Carlo Analysis
When you sit down with a BWFA financial professional to update your retirement plan, you may encounter a Monte Carlo simulation, a financial forecasting method that has become more prevalent in the last few years. Monte Carlo financial simulations project… Read More