Posts by SCOTT WELLENS

At the end of March 2020, the S&P 500 was down nearly 20%. The world was scrambling. Many experts hypothesized where we would be in the next year. Everyone had an opinion. But I do not remember anyone that said the S&P 500 would be up 56% over the next 12 months. No one could…

Do you know what your personality type is? Do you know what kind of saver you are? Knowing these things can help you learn more about yourself—and determine what you need to do to have a successful retirement. If you are interested in learning more about the 5 personality types—and what it means for you—listen…

John Oliver once said, “Everything you don’t understand about money combined with everything you don’t understand about computers—that’s Bitcoin.” Bitcoin is the most famous of over 4,000 different cryptocurrencies. All of these currencies are the subject of both endless debate and fascination. Many people are speculating about what role it should play in your portfolio.…

Financial discipline is imperative to the success of your long-term investments. But your behavioral biases can get in the way of that long-term success. Biases allow you to be short-sighted and you forget about the big-picture consequences of your actions. What are some of those biases? How do you avoid them and make sound investment…

What is strategic rebalancing? Why should you rebalance your portfolio? How do you rebalance your portfolio? In this episode of the Best in Wealth Podcast, I share what it is, why you want to do it, and the best way to strategically rebalance your portfolio. Don’t miss it! Outline of This Episode [2:37] Cleaning out my…