Amanda Stanhaus

Tag: finance

Cyclical Stock

stock that moves with consumer preferences and the market‘s movements.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)


I just can’t! This hurts whether my boy or bond tell me this.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Gift Guide: Main Man

Mutually, my man and I would jump through a ring of fire for each other.

But, at the holidays I do indeed enjoy some monetary displays of affection.

The following are three gift suggestions for your steady.


Again using my above average baking abilities, I’ll be making  coffee cake for one of our holiday breakfasts. It’s so yummy, but somewhat time consuming to make. It is a labour of love.


A leather lighter cover is perfect for the sartorial smoker in your life. My man occasionally indulges in cigars, and with this gift he will look like a regular.


Everyone needs socks. My man and I agree no matter how tiny the addition to the ensemble, it must be fabulous. I am on constant look out for the most statement-making socks. He has a good gift set of  socks waiting under the tree this year. (If you’re reading this…ugh…surprise!)

Spread the love this Christmas season!

Merry Merry!

(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Gift Guide: Bestie

Of course, I tell my besties constantly how important they are to me. But during the holidays I like to put my $$ where my mouth is and show them how much I love them!

The following are three gift suggestions for the specials ladies in your life.


The most stressful part of flying during the Christmas season is successfully arriving at the airport in a timely manner and not looking crazed as I lug presents for my whole family. While I can’t ensure there won’t be traffic, I lighten my bestie’s load by accompanying them on their public transit trip to the airport.  Variations on this gift can include: paying for her public transit fare, driving her in a car (if available), and offering return trip accompaniment.


In Mad Men, one of the first  pearls of wisdom Joan gives to newbie Peggy is that men love scarves.  And we all know that men—for the most part—don’t change.

I have a knack for setting trends, and I have a funny feeling that silk scarves (à la Bubbie) are going to be a future trend. Two years ago, I had the same funny feeling when I started wearing plaid pants and now everyone is wearing them.

Make sure your bestie is on trend by finding a fabulous silk scarf with just the right colors for her at your local consignment/vintage/salvation army store. Make sure to dry clean it (thrift store finds are an exception to my anti-dry cleaning stance) and then tie it in a bow to be presented to her at brunch.


Psst…this one is a semi-secret. I’m a better baker than most of my besties, yet their families expect them to bring pie for dessert on Christmas. My besties have learned its better to outsource the pie baking to me, instead of risking crumbling under the pressure of baking dessert for Christmas dinner. My besties’ gifts of “homemade pecan pie” to their families is actually my gift to my besties.

Hmm…I wonder what they are getting me this year?!?

Merry Merry!

(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Santa Does Exist

 I still believe! Every year Santa proves his existence by filling my stocking. (Thanks Mom & Dad!).

Now that it’s post-Hanukkah, I’ll be celebrating Christmas with the other side of my family. We get very into Christmas. Cookies. Christmas eve gifts from the elves. Stockings packed to the brim on Christmas day courtesy of Santa.

While I believe in Santa, I do have a budget.

When I’m spreading holiday cheer as Santa my goals are: cost-effective, unique, and useful.

Next week, please join me in believing in Santa (or at least the christmas gift giving sprit) as I give you a gift guide for your bestie, man, parents, acquaintances and —most importantly—yourself.

Merry Merry!


(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Financial Advisor

Someone who knows at least a bit more than usual about finance and gives guidance to others.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Management Expense Ratio

MER. How much does it cost to operate a mutual fund?

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Behavioral Finance


My man becomes a nervous nelly before weddings. Mr. Style Savvy has even worn one navy and one black sock. Thankfully, I caught this mismatch before any damage to his picture perfect reputation was done.

Fingers crossed, he’s too busy thinking that could be us one day. And like clockwork, by the time we are on the dance floor, we’ve danced his worries away!

I don’t blame him. Thinking about the past and the future can bring out the weirdo in all of us. And we can become total wakadoodles when we contemplate the past/future of our finances.

A Random Walk Down Wall Street’s chapter on behavioral finance is as eye opening as He’s Just Not That Into You.

Random Walk Takeaways:

“There are four factors that create irrational market behavior: overconfidence, biased judgements, herd mentality, and loss aversion.”

“It seems that other people’s errors actually affect how someone perceives the external world.”

“Losses are considered far more undesirable than equivalent gains are desirable”

“Many behavioralists believe that overconfidence in the ability to predict the future growth of companies leads to a general tendency for so-called growth stocks to be overvalued.”

Obviously true assertions:

“Men typically display far more overconfidence than women, especially about their prowess in money matters”

“Male investors traded much more than women, with correspondingly poorer results.”

Action plan:

1. Avoid herd behavior

2. Avoid Overtrading

3. If you do trade: Sell losers, not winners

Thanks A Random Walk Down Wall Street for the tips. Here is the copy I read.


(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)

Market Timing

Perfect timing. Other than in my mother’s eyes, hard to do.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

28 Keys to 2008


Clueless about why 2008 made the rich and poor, poor alike? Click on the bold words to learn their meaning (or better yet, here is a list) and then repeat after me…

The buy side thought mortgages made invincible asset backed securities.  Mortgages were not created equally; they were not commodities. The bull market, lack of due diligence and aggressive investment style [eye-roll, mutter “Goldman”] clouded almost everyone’s view. Plus, lots of leverage with lack of worry about liability. The worst was the derivatives to cover the company’s, but not their client’s, asses. I mean assets….

Once the bear market began, boy did it roar with cyclical and defensive stocks alike taking a tumble. Default there.  Bankruptcy here. Magnified by balance sheets that were not diversified.

If only I had used my spare time for technical analysis of leading indicators, benchmarksbond ratings, decided to be contrarian and short sell REITs my retirement would have come early!

Now, with the market obviously inefficientfundamental analysis will help me pick the winners, just like Warren!


(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)