Andrew Lanoie

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22 Jul: Are Your Investments Tax Efficient?

Are your investments tax efficient? What does it mean for an investment to be tax-efficient? It means the degree to which the investment maximizes returns while minimizing taxes. ​​When assessing an investment’s tax efficiency, the two most important factors to…

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07 Jul: Have A Scout Mentality When Investing

When investing, do you have a scout or soldier mentality? ​​Your investing mentality can be the difference between success and failure. What do I mean by a scout or soldier mentality? In a recent article on ted.com, author Julia Galef made the…

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01 Jul: Whose Plan Are You Following?

How many times have you found yourself lost in a rural place with no cell service? Or, you were given instructions on how to reach a particular destination, but the directions seem to have led you astray? Often, the only…

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02 May: Common Practices Of The Wealthy

What do you consider wealthy? Is it having a mansion, fancy cars, trendy clothes, a private school education for the kids? ​​Wealth, it turns out, has less to do with your possessions and more to do with your freedom. Wealth…

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15 Apr: 7 Reasons Not To Invest In Mobile Home Parks

Do the following describe your investing habits? You like a little danger when it comes to investing. You consider Wall Street your personal Las Vegas and Robinhood your favorite craps table. You’re constantly looking for the next big thing. You’re looking for…

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18 Feb: Know Your Investing “Why”

Imagine you’re a young blacksmith during the Civil War… One day I come into your father’s shop and hand you a sealed note with instructions to deliver the note to the young single school teacher who lives in a small…

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12 Feb: The Psychology of Shiny Investments

Here we go again… “Bitcoin blows past $48,000 to hit another record high.” “As Wall Street fixates on inflation hedges, good luck finding Bitcoin.” “SkyBridge’s Scaramucci puts $100,000 price target on Bitcoin.” Bitcoin has been on another tear recently and…

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15 Jan: Timing The Market

Imagine you’re at a basketball game and you happen to hold the lucky ticket for participating in a half-court shooting contest at halftime. Make the basket and you win $1,000. Once your ticket is called, you walk down to the…

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10 Jan: Irrational Investing

“It’s different this time.” “If this isn’t a sure thing, I don’t know what is.” “I don’t see any reason this would stop anytime soon.” “This many investors can’t be all wrong.” Those are just a few of the things…