Author- Harold Sasnowitz

There are certain fallacies identified by behavioral economists that impact how we make decisions as investors, and being the emotional creatures that we are, we tend to be heavily influenced by these.

Economics entered its modern sense in the nineteenth century, but economic thought certainly started long before that.  However, economists almost always started from the assumption that people would do what was in their own best interest.  In the last 20 or 30 years, some economists started to question this assumption.  From this was born the subject of behavioral economics, als

It’s almost Halloween, so we wanted to talk about something that can sometimes be a little spooky… Medicare.  Are you frightened yet?  Hopefully not, but we know from our experience when our clients have to enroll in Medicare for the first time it can be an intimidating thing.  Think about it, you have been on your employer’s insurance for years then one day yo

Medicare open enrollment is here – October 15^th to December 7^th  – and from our experience and client feedback, it can be pretty intimidating.  With the amount of sales advertisements that show up, the biggest question is where to begin.

Now and then someone asks me how to decide if a car should be repaired or replaced. Of course, I also have had to face this decision. Here’s thoughts on possible considerations to take into account, and of course, the decision may rest on the specific facts and circumstances.

We recently found an important potential risk to your financial health and here is the information you need to protect yourself.

According to a recent issue of Investment News, another Social Security scam has been discovered.  It only affects SOME of those who have established online accounts with the Social Security Administration.

As if there wasn’t enough to worry about with regard to credit and debit card fraud, another threat has turned up: its called the credit card skimmer.  These devices are used properly as part of card readers.  What’s new is that they have been made smaller and are easily placed on a legitimate credit or debit card reader.

Statistics indicate that, on average, people change residences every seven years.  This figure is irrespective of whether people live in an apartment, a home, a condo, etc.  There are many reasons for these moves: some positive and some not so good. 

I had a couple come into my office recently that are potentially going to become clients. He and his wife are retired, in their 70s, and have about 95% of their investments in fixed income. I shared with them that this was not a good strategy for people of their ages and with the lifespan they apparently had.

Frequently, in recent years, people have come home after a hospital stay, expecting Medicare to pay for that stay, only to find that their stay is not Medicare covered and they owe the hospital a big bill. Here’s why and what to do.