Our Insights
Our Insights
Part of our commitment to our clients is to provide ongoing education and insights related to finances and investing. Visit us here monthly to read about our thoughts and insights related to industry concepts and hot topics. Have something you want to learn more about? Send us a note at voyagewa@nm.com and we’ll add it to our article list.
PLANNING FOR MARKET VOLATILITY AS PART OF YOUR INVESTING JOURNEY
Although we may not be able to plan for escaped crocodiles on planes, we can certainly plan for market fluctuations.
December 9, 2022
Similar to how passengers on planes look to flight attendants and their actions for reassurance on whether they’re safe, investors watch the reactions of financial planning experts. Lately it feels like many in the finance world are running to the cockpit rather than remaining calm in the face of market volatility. Bear markets and recessions will inevitably happen multiple times over the course of our lives. Read on for three key takeaways during volatile markets.
FOREST FIRES, AND JACK PINE TREES, AND BEAR MARKETS? OH MY!
A lesson on waiting for the fire to pass when it feels like your money is going up in flames
September 9, 2022
What in the world could forest fires, a Jack Pine tree and bear markets have in common? Like the Jack Pine tree, investors can do a few key things to protect their seeds when it feels like their money is going up in flames (i.e. when we are in a bear market). Learn more here.
.jpg)
A CRASH COURSE ON AVAILABILITY BIAS AND RECOGNIZING HOW IT PLAYS OUT IN FINANCIAL PLANNING
Learn how intuition can fail you, and more importantly, how you can overcome it when making investing decisions
May 26, 2022
We all use availability bias as a mental shortcut in decision making. Whether we’re aware of it and how it might be clouding our judgement are the bigger issues to explore. Availability bias consistently tries to usurp rationality and guide our decisions, which if made incorrectly in the financial planning world, could have real and significant consequences. Read the full article to learn more.
.jpg)
Why Values-Based Financial Planning Drives More Progress than Goal Setting Alone Ever Could
March 18, 2022
Over the last five years, the Voyage team has had hundreds of values-based financial planning conversations, and enough time has passed that we’ve been able to gather some insights on how it has impacted our work, and more importantly, the lives of our clients. Check out our five observations on why incorporating values into your financial planning and decision making can significantly change the way you talk about and view money.
Predicting a Black Swan event in the Finance World
It’s kind of like planning a Vikings Super Bowl parade
November 8, 2021
If you’ve watched any financial news lately, you’ve likely seen things like “stocks dangerous” or “stock market crash on the horizon” in headlines. People everywhere are attempting to predict a Black Swan event in the finance world, but to us that seems a bit like planning a parade for a Vikings Super Bowl win. Curious why? Read the full article here.
DON’T JUST DO SOMETHING, STAND THERE!
Why standing still and staying the course makes sense during an inflationary economic period
September 28, 2021
There’s an old saying that goes, “Don’t just do something, stand there!” Of course, that isn’t the phrase.
We’ve all heard the real phrase, “Don’t just stand there, do something!” many times; in emergency situations, at a sporting event, or maybe it was just your parents scolding you for not helping with the chores. It’s hardwired into our brains from an early age that doing something is better than doing nothing. But is it always? Read the full article here.