Bucket portfolios are aimed at providing spending resources during investors’ decumulation periods, usually in retirement. However, an even bigger advantage to bucket portfolios is their potential to be quite effective in helping investors avoid panicked selling during market downturns.
Read MoreIn this month’s edition of “Money Matters,” Scott talks about anchoring, the concept of making decisions based on a previous thought or feeling that may not be relevant at the present time. Scott discusses how anchoring can have a negative effect on your finances and why investors should be aware of why they are choosing to make a certain decision.
Read MoreIn this month’s edition of “Money Matters,” Scott talks about how to save money by choosing the best types of investments, as well as understanding taxable, tax-deferred, and tax-free investment accounts based on your investment goals and timelines.
Read MoreIn this month’s edition of “Money Matters,” Scott talks about "mental traps" that can cost people money or lead to poor decision making with their finances and financial goals.
Read MoreUnderstanding common behavioral finance biases is imperative when dealing with market mania. Learn more about how you can successfully maneuver the market downturn.
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