COLLATERAL

Collateral - Borrowing Money

If you borrow money, the lender will likely require collateral. Collateral is any asset that can, if the lender agrees, serve as security for the loan. In pledging collateral, the borrower agrees that the lender may legally seize the asset in the event of default (i.e., the borrower fails to repay the loan). Collateral is motivating for both a lender…

Read More

What Is Finance?

What is 'Finance'

FINANCE David Dubofsky PhD, CFA & Lyle Sussman PhD Well, what exactly is finance? We define it as a set of concepts, rules and theories concerning how to best raise, manage, and use money. By “raising money,” we mean the judicious borrowing of money, by consumers like you, to fund consumption; the taxation and borrowing by governments to pay for…

Read More

Fixed-income Investing

Fixed-income Investing

A USEFUL PRIMER ON FIXED-INCOME INVESTING If you’re looking for a primer on fixed-income investing, you’ll find it as the latest contribution to our blog. Kudos to David Dubofsky, PhD, CFA for bringing 30 years of teaching, research and investing experience to this important topic. And because the financial security created by fixed- income investing leads to emotional security, his…

Read More

Ask Us Marketing

Your Total Wealth interview on Ask Us Marketing

AUM Special Guest Interview – Dr. David Dubofsky – Research Based Marketing Event by Kalli Fedusenko, Financial Advisor Marketing Click here for LinkedIn Interview with Kalli Fedusenko: YouTube Interview with Kalli Fedusenko

Read More

Great Review – Your Total Wealth!

Achieving Your Total Wealth is a journey that begins with WHY, not WHAT and HOW

“Achieving Your Total Wealth is a journey that begins with WHY, not WHAT and HOW” I love great writing and especially appreciate it when authors write in a style that might break a few rules to deliver complex information clearly. Dr. Sussman and Dr. Dubofsky have done that masterfully. This isn’t the usual finance book, likely because it’s written by…

Read More

Voices The art of asking: How the right questions, worded precisely, can help older clients

Financial Advisor with Elderly Clients

By Lyle Sussman, David Dubofsky November 30, 2023, 6:00 a.m. EST 3 Min Read Loss aversion, one of the major behavioral finance biases, is often defined as the pain of losing an amount of money exceeding the pleasure of gaining that same amount of money. It also refers to the reluctance of investors, and individuals in general, to realize losses,…

Read More

The Psychology Of, “I Paid Off My Mortgage”

Sweat Equity

Anyone who made a final mortgage payment for their house now owns an asset that is probably worth more than it was when the first mortgage check was written. But that homeowner owns much more than a physical asset. They not only built equity they also built self-esteem. Our latest #yourtotalwealth BLOG discusses the psychology of paying off a mortgage,…

Read More

The Psychology Of Hedging

THE PSYCHOLOGY OF HEDGING

We recently posted a short primer on HEDGING and the possible financial implications created by trying to mitigate risks.  We now add to our BLOG on HEDGING with a different perspective focused not on finances per se, but on the perceptions and emotions while confronting the uncertainty.   Is the situation a problem or merely an inconvenience? Carefully consider your unique…

Read More

© 2021 Your Total Wealth. All Rights Reserved to HSF Publishing LLC. A Pawlak Productions site. J Drake Web Design | Disclaimer