Investing would be easy if we could remove one thing from the equation: ourselves. Markets go up. Markets go down. Headlines get louder. And suddenly, the long-term investment strategy that seemed perfectly reasonable a few months ago can feel like the wrong decision. That’s where the psychology of investing comes in. Understanding how our emotions…
Captain’s Log The Biggest Threat to Your Portfolio May Be Your Next “Great Idea” It often starts innocently. A friend mentions a stock that “can’t miss.” A new investment theme dominates the headlines, or a market pullback makes cash suddenly feel safer. Each decision may seem reasonable. But jumping from one bright, shiny idea to…
For parents of high school students, college planning can bring a mix of excitement and financial anxiety. As acceptance letters, campus visits, and tuition estimates enter the conversation, one question often becomes difficult to ignore: How much can we afford to help without putting our own financial future at risk? It’s a balancing act. You…
Captain’s Log When Headlines Change: Keeping Your Financial Plan in Focus Recent headlines about inflation, interest rates, trade policy, and global events can create understandable concern. When markets move, it is natural to wonder whether you should make a change. At Anchor Wealth Management, we believe successful investing is not about reacting to every headline.…
Captain’s Log History Teaches About Long-Term Investing As the United States approaches its 250th anniversary, it is a good moment to step back and remember that progress has never come in a straight line. Our country has lived through wars, recessions, inflation spikes, political division, market crashes, and periods of deep uncertainty, yet over time…
Captain’s Log UTMA Accounts vs. Trump Accounts: What Families Should Know For families who want to save and invest for a child or grandchild, UTMA accounts and Trump Accounts can both play a role, but they are built for different goals. UTMAs offer broad flexibility and simple setup, while Trump Accounts are more retirement-style accounts…
Vacation should be something you look forward to — not something you’re still paying off months later. With a little planning and intentional spending, you can enjoy a memorable trip without blowing your budget or setting yourself back financially. In fact, a successful, stress-free vacation often starts with the same habits you build at home:…
Captain’s Log Chasing Shiny Objects – Why Discipline Outperforms Hype In the high-stakes theater of modern investing, the “bright shiny object” (revolutionary AI startup, the explosive meme stock, or the latest medical cure) acts as a siren song. It promises a shortcut to wealth, fueled by social media echo chambers and the hope of rapid…
Deciding who should inherit your wealth isn’t just a financial decision — it’s a deeply personal one. And while many people assume their intentions will be carried out without issue, the reality is that unclear or incomplete planning can lead to confusion, conflict, and even legal battles among family members. The good news is that…
Captain’s Log Why Working with Multiple Advisors May Be Costing You More Than You Think It’s not uncommon for us to meet families who have assets spread across two or three different advisors. In fact, while this only applies to less than 3% of Anchor Wealth clients today, we see it frequently in new relationships.…