Emotional Behavior

/Tag:Emotional Behavior

The Art of Doing Nothing

By | February 19th, 2019|Featured News, Paramount Private Wealth Blog|

Investments are kind of like soap . . . the more you handle it . . . the smaller it gets.In times of severe volatility, fear starts to engulf our minds. Today’s media, in large part, triggers our fear mechanisms. The drumming of markets crashing, global growth is eroding, or the Federal Reserve is going [...]

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Emotional Biases – The Herding Behavior

By | October 24th, 2018|Featured News, Paramount Private Wealth Blog|

“If everyone is thinking alike, then somebody isn’t thinking.” ~ General George S. Patton The heard is often wrong. As the name indicates, Herding Behavior is a phenomenon observed in the animal kingdom. Schools of fish, giant herds of antelope and elephants demonstrate this behavior - acting in unison, as if choreographed, moving from water [...]

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Emotional Biases – Anchoring

By | October 18th, 2018|Featured News, Paramount Private Wealth Blog|

“the only thing we have to fear is fear itself” ~Franklin D Roosevelt Do you remember what you were doing 10 years ago at this time? I’ve asked a couple of people and they vaguely remember - working at x company, getting laid off, etc... The younger the person, the less they can specifically identify [...]

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October 2018 Market Volatility – LPL Market Update

By | October 17th, 2018|Paramount Private Wealth Blog|

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Comparing Yourself to Others …. to “The Market”…

By | August 16th, 2018|Featured News, Paramount Private Wealth Blog|

Comparison theory was first put forth in 1954 by psychologist Leon Gestinger, who hypothesized that we make comparisons as a way of evaluating ourselves - especially in social settings. At its root, it is connected to the brain’s network that is traced back to protect oneself against threats. (1) In today’s world, specifically social media, [...]

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Trade Wars, Volatility and Why it Matters

By | June 26th, 2018|Featured News, Paramount Private Wealth Blog|

When I was a young kid living in West Texas (El Paso to be exact), I remember having these wonderful dirt clod wars with my friends. During these “wars,” your closest friend became your enemy for an hour or so. The fort you built was your safe haven as dirt flew. You learned quickly positioning [...]

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Patience Matters – Especially with Investing in Emerging Markets

By | June 21st, 2018|Featured News, Paramount Private Wealth Blog|

Remember when you were a kid? Summer life was fairly simple. Life happened day-to-day. When you wanted something, it was rather immediate - not in a week let alone a year or longer. I think that every parent has said, “Be patient child.” I know I have! I remember my parents telling me, “patience is [...]

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Don’t Feed YOUR Doubt & Be YOUR Worst Enemy!

By | June 7th, 2018|Paramount Private Wealth Blog|

The end is near. This can’t go on forever. The bubble will burst! This time it will be different! The fable of Henny Penny, more commonly known as Chicken Little, comes to mind. The folk tale involves a chicken who believes the world is coming to an end - “The Sky is Falling!” The hysterical [...]

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Professional Gardening – Tending to Your Green Assets

By | June 30th, 2016|Paramount Private Wealth Blog|

Life changes quickly, seeming more so the older we get. During this season -- when many of our youth are graduating from high school and going onto learn more skills, and college graduates are entering the labor force to start their professional careers -- there are more people already established in their profession joining then [...]

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Navy Seal Shannon Rusch Motivates Financial Advisors

By | April 20th, 2016|Paramount Private Wealth Out and About|

What sets SEAL training apart from other military branches is the assertion that SEAL training is the toughest in the world.  Now apply that same principles to yourself as a leader. Eliminate the parameters that are restricting your progress and do a gut check. Find the internal motivation necessary to make things happen to ensure your [...]

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