The Morgan Report 2024 Q1 Review: 3 Simple Ways To Reduce Risk
After periods of robust stock market performance, many investors feel like they might want to reduce their risk or exposure to stocks as they foresee an inevitable downturn right around the corner. They may be right, they may be wrong, they really can’t know but as a financial advisor, these are the types of concerns […]
Read ArticleThe Morgan Report: 2023 Q4 Review Outsource Busy
Everyone I’ve been speaking with lately agrees that 2024 has hit with a bang and everyone seems to be very busy. Thankfully, it seems that it’s a good-busy with family, work, travel, and projects. The double-edged sword of a relaxing holiday season is coming back and trying to get back into the groove which can […]
Read ArticleThe Morgan Report Q3 2023 Review: Breaking Bad… Behavior
Quick Quiz: What do you think I feel is the most important role as an advisor with my clients? Financial Planning Behavioral Coaching Investment Management Resource Due Diligence I’ll answer below but let me provide some insights first. A study by Russell Investments calculated the potential value of a financial advisor at 5.12% annually before […]
Read ArticleThe Morgan Report Q2 2023 Review: Sustained Motivation
Here are two observations I have on life: Motivation does not sustain itself. Discipline and continued effort is a challenge. Staying motivated in one specific area of your life is a very challenging proposition. In reality, we are multitaskers juggling the various demands of our lives and it’s next to impossible to always stay motivated […]
Read ArticleThe Morgan Report Q1 2023 Review: Trying To Be Super Awesome Is Not Sustainable
When investing, it would be awesome to be super awesome all the time. Unfortunately, unlike the fictional world of Lake Wobegon or The Incredibles, reality is not very accommodating to over confident fantasies of perpetual awesomeness. As a father of a nine year old son, I’m cognizant of the dangers that superhero shows and movies […]
Read ArticleThe Morgan Report Q4 2022 Review: The Year of Living Dangerously
Danger can be defined as “something or someone that may harm you.” My role working with families as a financial advisor is to help them try to avoid dangers involved in our financial world which I believe is interestingly influenced by emotional and psychological factors. A recent article in the New York Times, “Rookie Traders […]
Read ArticleThe Morgan Report Q3 2022 Review: The Best Is Yet To Come
Recently the International Monetary Fund’s (IMF) Chief Economist Pierre-Olivier Gourinchas, as a supplement to the IMF’s World Economic Outlook Report October 2022 stated in his blog that “Overall, this year’s shocks will re-open economic wounds that were only partially healed post-pandemic. In short, the worst is yet to come, and, for many people, 2023 will […]
Read ArticleThe Morgan Report Q2 2022 Review: Chaos – The True Norm
Once upon a time, everything was peaceful and all beings lived in harmony. Well, I don’t know when that moment occurred or if it ever will but it sure feels like recently, random acts that are detrimental to our quality of life are occurring more frequently both locally and globally. Of course, this can have […]
Read ArticleThe Morgan Report Q1 2022 Review: Stagflation – A Perspective
Quite often, people and investment managers select what they think are superior investments via seemingly well thought out analysis of the particular companies of interest and the macroeconomic conditions that affect them. “Obvious” picks seem to be readily apparent. The problem with this predictive approach, in my opinion, is that it is often the unknown […]
Read ArticleThe Morgan Report Q4 2021 Review: The Stewards Mindset
I’d like to submit that one of the goals in life is to evolve over time in such a manner that your perspective and insights are continually improving; some would call this wisdom. Whether this progression is in your spiritual, physical, or financial life, you, your family, and your community will be better served by […]
Read Article