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Looking at Objects from Multiple Perspectives Helps Us See More  

2/20/2013

 
Do you consider your investments from multiple perspectives?

Most of the time, when we look at an object or we look at any situation, we tend to look at it from a singular perspective, from our own view. But we were to force ourselves to consciously look at a single object or situation from varying, multiple perspectives, even if they’re ones we don’t want to look at, we see more of the object, we see more of the situation. And when we can see more of the situation, we are in a lot stronger of a position to judge the situation. Pointing this out is something I do to help my clients.


-D. Scott Bloom, CFP

The opinions voiced in this material are for general information only and are not intended to provide specific investment advice or recommendation for any individual. To determine which investment(s) may be appropriate consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are
unmanaged and cannot be invested into directly.


 LPL FINANCIAL Member FINRA / SIPC

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2/19/2013

 
CFP financial advisor holistic wealthcare

The Heart vs. The Head

2/6/2013

 
Do we decide with our hearts, or with our heads?

Major financial decisions and financial situations on their own, tend to be very emotional and tend to bring out the emotional sides of us and make us fearful, greedy, hopeful. Which part of our bodies do we use? We know that financial matters and major financial decisions make us emotional. If we can consciously move the decision making process from our emotional self and build that up to our cognitive, rational self, in our mind. Then we’re doing something smart because emotions are proven to be hugely unreliable when it comes to making major financial decisions. Instead, logic and rational in the cognitive part of our body, our brain, tend to be extremely reliable. So we need to recognize this and realize it. This is something I do for my clients.


The opinions voiced in this material are for general information only and are not intended to provide specific investment advice or recommendation for any individual. To determine which investment(s) may be appropriate consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.


LPL FINANCIAL Member FINRA /
SIPC

    D. Scott Bloom, CFP®
    CERTIFIED FINANCIAL PLANNER™ 

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