Do any of these stories ring true when you talk about how your portfolio is doing? Here are four tall tales that I keep hearing year over year when people first come into our offices. You are not alone, no one wants to admit that things haven’t gone as well as they expected. Or perhaps they just don’t know at all? Which story have you told yourself in the past? “I Have Killed It With My Stock Picks” I have never heard somebody come to a party ready to talk about their mutual fund or life insurance policy. But stock picks? Oh yes, this is a party favorite. People LOVE to brag about the stock they bought that tripled or quadrupled in value whether it was a technology stock or some penny stock you have never heard of before in your life. What they won’t tell you about is all of their losers because they don’t remember them. How many people do you know who have gone to Las Vegas...
