Wrong – Again

Published on 14 May 2013 by Ted Klontz | Category: New Blog Posts, Updates

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The United States Congress – Washington Politics – Politicians -The people who run election campaigns – the government.
It might be just about the crowd I hang out with, but it seems like it would be tough these days to find anyone who has much respect for any of the above. Unless, of course, they were [...]

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La Jolla

Published on 14 April 2013 by Ted Klontz | Category: New Blog Posts, Updates

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I spent the weekend in La Jolla, California.  Here’s what I learned:
La Jolla means “The Jewel”.  The Jewel is a stretch of spectacular California coastline just 20 minutes (it used to take four hours to travel the 14 miles or so from San Diego) north of San Diego.
I was mesmerized as I walked the spectacular “Coastal Walk” trail [...]

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“…inbred human propensities to swing from euphoria to fear and back again seem permanent… generations of experience do not appear to have tempered those propensities…”
– Alan Greenspan, Economist and former Chairman of The Federal Reserve
When it comes to investing, we are our own worst enemies. Rather than being dependent on quantitative [...]

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“Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble… to give way to hope, fear, and greed… The investor’s chief problem and even his worst enemy is likely to be [...]

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Brian J. O’Connor
When faced with big decisions, people like to go with their guts. That’s reasonable because, when you face a fork in life’s road, it’s wise to bring your colon and small intestine.
My guts usually say, “Send more Cheetos,” but when confronted with a demanding task, I “work my guts out.” When it’s time [...]

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Financial success is a little bit like fitness — we all know what we should be doing, but for a lot of us, ramping up our retirement savings and jumping on the treadmill are two things that just don’t happen. Even though making the rational decision to save or exercise is [...]

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Psychology Today: “Do You Have a Money Disorder?”

Published on 30 January 2013 by admin | Category: News, Updates

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Just about everyone has a complicated relationship with money.
by Brad Klontz, Psy.D.
ust about everyone has a complicated relationship with money. Studies show that money is the no. 1 reason for divorce in the early years of marriage and a common area of conflict for couples. Even before the recession, 3 out of 4 Americans identified [...]

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Investment News: “When advisers become therapists”

Published on 27 January 2013 by admin | Category: News, Updates

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By Liz Skinner
TRAINING PROGRAMS
Mr. Grubman works with family offices and large wealth management firms, and consults with advisers seeking new communication skills and coaching tools to help clients work through issues. He and other colleagues in the field created the Financial Therapy Association in 2010 as a center for research.
Brad Klontz, a therapist and certified [...]

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By Craig Guillot
Everyone overspends a little and splurges on occasion. But for many, “keeping up with the Joneses” becomes an overwhelming obsession that can lead to financial ruin.
Regardless of how much one makes, if they spend beyond their income, their finances will eventually fall into a downward spiral.
Keeping Up with the Jonses happens to everyone [...]

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By Brad Tuttle
The most depressing day of the year supposedly takes place right around now. It’s also prime time to be tempted into shopping as a cure for the blues.
According to a new survey conducted by Harris Interactive on the behalf of CouponCabin.com, it is currently peak “retail therapy” season. By far, survey respondents pointed [...]

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