by kimballcreekpartners | Jun 14, 2022 | Kimball Creek Blog
The stock market is crushed! Do you feel a pit in your stomach when you look at your portfolio balance? It’s time to THINK SLOW. Daniel Kahneman (winner of the Nobel Prize in economics) has written that there are 2 types of thinking: System 1 is Fast. It is driven by...
by kimballcreekpartners | Jun 7, 2022 | Kimball Creek Blog
You’ve kept us extra busy these days, working with people you’ve sent who are going through transitions right now. It’s been a reminder that we don’t always pick the time when retirement savings are needed to fund the next chapter, when a death turns someone who is...
by kimballcreekpartners | May 9, 2022 | Kimball Creek Blog
1) Stay Committed, Stay Goals Focused First and foremost, resist the urge to run. It is natural and normal to think, “I could just sell everything and reinvest when the markets start to trend up again.” Please don’t do this. Millionaires...
by kimballcreekpartners | Apr 28, 2022 | Kimball Creek Blog
Just like scientific training, good investor behavior is a learned skilled. Rigorous scientific training teaches us to become dispassionate about our data. To be dispassionate means a removal of biases. A dispassionate scientist may create a hypothesis (prediction),...
by kimballcreekpartners | Feb 2, 2022 | Kimball Creek Blog
The calendar had barely flipped to 2022 and investors were reminded that even attractive long-term stock returns come with a cost: volatility. The S&P 500 Index fell nearly 10% from January 3 through January 27 amid fears that the Federal Reserve (Fed) will have...
by kimballcreekpartners | Dec 15, 2021 | Kimball Creek Blog
The Harvard-Yale football rivalry began in 1875 and Harvard didn’t see the need to hire a coach. As a result, Harvard only won 4 games against Yale over the next 30 years. In 1908 Harvard decided to hire its first dedicated football a coach. In the next 30 years’...