Recently, Fidelity released results from its annual Millionaire Outlook Study. The 2019 Fidelity Millionaire Outlook Study surveyed over 2,000 investors, including 1,102 millionaires.1 Respondents were screened for a minimum level of investable assets, age, and income levels. Studies like this can provide us with a good idea of the actions, habits, and approach of those […]
We are long past the days where the most common method of funding your retirement is through a pension plan. Many employers have now shifted to offering 401(k) plans. While millions of workers depend on 401(k)s to fund their retirement, few understand how they work. The following will provide you an overview of 401(k) plan […]
Automation is everywhere, and in recent years, we’ve seen it become a significant part of our everyday lives. For example, gone are the days when you had to fill an ice cube tray to make ice; any new refrigerator comes with an ice maker. And with finances, credit card balances, utility bills, and student loans […]
Nassim Taleb is an essayist, statistician, and former trader/risk analyst. He is one of my favorite authors, and if you ever want to be humbled in your intellect, reading his work may do it for you as it has for me. In his book, Antifragile, Taleb advocates for a system wherein “things benefit and grow […]
The theme of environmentally-friendly products, sustainable farming, and energy conservation in consumerism is gaining traction in the asset management industry. More and more investors are aligning their investments with their personal beliefs. The idea is to hold the companies that you own to the same standards that you hold yourself to, and by doing so, […]
Invest in Your Peace of MindTM. This very slogan has been the cornerstone of Allegheny Financial Group’s beliefs for decades. But what exactly does it mean? That is the beauty of it; it means something different to just about every individual or business. For years, we at Allegheny Financial Group have been striving to find […]
Constructing financial projections involves hard data and analytics to optimize one’s situation.  But to plan well in any endeavor, it should be understood that human behavior has a significant impact on future results. Have you ever made a decision, and upon reflection, wondered why you made the choice you did?  Researchers have identified why we […]
Discussing finance is generally something most people like to avoid. Are we saving enough? Can we pay for the kids to go to college? When can we retire? All of these questions and countless others have emotions tied to them. Some investment theories suggest investors are rational and that they do not make financial decisions […]