Todd Schanel, CFA, CPA, CFP® and Jackie Goldstick, CFP®

Government Policies and Your Investment Portfolio

Last February, Newsweek magazine ran a cover story entitled “We Are All Socialists Now” in which the authors, Jon Meacham and Evan Thomas wrote: “The America of 2009 is moving toward a modern European state” and “more government intrusion into the economy will almost surely limit growth as it has in Europe, where a big welfare state has caused chronic high unemployment” (Newsweek, February 16, 2009).

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Discipline is the Key to Investment Performance

Look at the financial magazines at the airport newsstand or turn on CNBC and you will notice that most financial news stories cover topics such as the top investments and whether or not it is a good time to buy or sell stocks.  These stories make great magazine headlines and compelling television, but they have very little to do with what it takes to be a successful investor.

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