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Money 101:

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Money 101 
MARCH 9, 2013
Howdy! 
Gary Silverman, CFP
Welcome to the new subscribers, including those who signed up at the recent seminar. To learn more about us, check out the "quick links" on the left to connect to our website, older newsletters, and more!

Remember, Sunday is the beginning of Daylight Saving Time for most of us. That means spring is right around the corner. Move those clocks forward before you go to bed tonight. 

Have a great week! 

--Gary
Gary's Soapbox: 
Me Make Your Brain Happy

 

Science has proven that I make you content.

 

In a recent article in the Journal of Financial Planning, Russell James III, Ph.D., reports on a study that describes how the brain responds to periods of financial stress. This stress can occur when the market goes up or down.

 

The study used an MRI to record the neural activations while the subjects played an investing game. The measurements show that when their investments were going down relative to a benchmark, the activations of those players who were being advised by a CFP certificant (like me) were lower than those being advised by non-credentialed professionals.

 

There was no discernible difference when their investments were doing better than the benchmark.

 

The takeaway is that credentials seem to matter if your investments aren't doing as well as your expectations. This might help you stay the course during market gyrations. I imagine that this effect straddles many situations and a number of events.

 

So now when someone asks why they use me, my clients can say it is because I make their brain happy when the world is in chaos.

 
--Gary
Gary's Latest Articles 
From Times Record News 

Low Rates Mean Good Time for Debt
While low interest rates are a big problem for those living on their investments, it's good news for those who are willing to take on new debt such as a home loan or remortgage. Read More...

Find Extra Money

No, not in your couch cushions (necessarily). There are little things you can do to help save more money. Read More...

Money 101: 
Eaton Vance on Washington

The sequester cuts couldn't be avoided. Well, they could've  but they weren't. This update from Eaton Vance explains how we got here, and what happens next. Read More...

FINAL THOUGHT
 
We have enough "youth." How about a fountain of "smart?"

Have a great weekend!

 

Sincerely,

 


Gary Silverman
Personal Money Planning
©2013 Personal Money Planning . All rights reserved by Personal Money Planning and content may not be reproduced, disseminated, or transferred in any form or by any means, except with the prior written permission of Personal Money Planning unless specifically noted. (Permission is not difficult to obtain.) The one exception is for downloading and printing information from this newsletter for general education by the original recipient. 
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