MYSAM Access

Jonathan Satovsky shares his thoughts and advice on behavioral finance, investing, and wealth management.

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POSTED:14th December 2012 by: BrianV
Focus On The Fundamentals, Not The Fiscal Cliff

Focus On The Fundamentals, Not The Fiscal Cliff, Forbes.com, Jonathan Satovsky –

December 14, 2012

As we near the end of 2012 and the much-discussed fiscal cliff looms, clients are naturally asking a lot of questions.

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POSTED:6th November 2012 by: BrianV
Never Is It The ‘Perfect’ Time To Invest

Never Is It The ‘Perfect’ Time To Invest, Forbes.com, Jonathan Satovsky –

October 26, 2012

A survey of institutional investors by State Street reflected the cautious atmosphere that has been permeating the markets, with roughly three quarters of respondents saying they thought a significant tail-risk event was likely to very likely within the next 12 months.

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POSTED:17th August 2012 by: BrianV
Smart People Can Make Stupid Investing Decisions

Smart People Can Make Stupid Investing Decisions, Forbes.com, Jonathan Satovsky –

August 16, 2012

During my career, I’ve worked with many highly intelligent individuals, people with brilliant, Mensa-level minds. Under other circumstances, this might be intimidating, but when it comes to investing, a high I.Q. is no guarantee of investment success—in fact, more often than not, it can be a detriment.

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POSTED:13th August 2012 by: Jonathan
Have The Nerve To Let Your Investments Work

Have The Nerve To Let Your Investments Work, Forbes.com, Jonathan Satovsky –
July 27, 2012

As a financial advisor, I’ve come to realize that one of the largest barrier to investors succeeding is an unwillingness to decide what they are trying to achieve. Consequently, investors never set realistic goals or devise a reasonable plan to achieve them. Instead, they want it all: steady gains when the markets are declining (at least 5% a year) and superior performance when stock prices are rising (for example, to outperform the S&P 500). And, more often than not, they are disappointed no matter what the markets do.

The way to calm this “performance anxiety” is to match your true investment goals with your existing portfolio. For instance…

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POSTED:13th August 2012 by: Jonathan
Timing is Everything But You Can’t Time The Market

Timing is Everything But You Can’t Time The Market, Forbes.com, Jonathan Satovsky –
June 18, 2012

On March 21, Goldman Sachs put out a research report gushing about the opportunities in the stock market: “The prospects for future returns in equities relative to bonds are as good as they have been in a generation,” wrote Goldman’s chief equities strategist.

“Given current valuations, we think it’s time to say a ‘long good bye’ to bonds, and embrace the ‘long good buy’ for equities as we expect them to embark on an upward trend over the next few years.”

At that time, the S&P 500 Index was at 1,405. By the first of June, the S&P 500 had fallen 9%, to 1,278…

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POSTED:13th August 2012 by: Jonathan
Jonathan Satovsky shares The Five W’s Of Bad Investing Behavior with Forbes.com

The Five W’s Of Bad Investing Behavior, Forbes.com, Jonathan Satovsky –

May 16, 2012

Investors are prone to making irrational decisions. The simple truth is that what feels good, or what satisfies an immediate impulse, is not always compatible with generating positive, long-term returns.

But while investors know the general guidelines for building and growing wealth, they’re often blind to their own recurring mistakes. The 5 W’s of bad investing behavior are some of the most-common behavioral quirks that can keep investors from realizing their financial goals. The solution is to know which characteristics plague your portfolio and to take the appropriate steps to address them.

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