by Doug Stevenson Bowdoinham Maine | Nov 3, 2025 | Doug Stevenson Bowdoinham Maine, Finance
In a world where financial markets shift rapidly and new investment trends emerge almost daily, building long-term wealth requires more than just quick thinking — it demands patience, strategy, and perspective. Douglas Stevenson of Bowdoinham, Maine, emphasizes that...
by Doug Stevenson Bowdoinham Maine | Nov 3, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Investing is often viewed as a numbers game, analyzing charts, studying balance sheets, and tracking market trends. Yet according to Doug Stevenson, a Maine-based financial expert, the real driver behind most investment decisions isn’t math or logic. It’s psychology....
by Doug Stevenson Bowdoinham Maine | Sep 22, 2025 | Doug Stevenson Bowdoinham Maine, Finance
A high-yield savings account is a bank account that offers a higher interest rate than traditional savings accounts. These accounts are typically offered by online banks with lower operating costs, allowing them to pass on the benefit to customers. They provide a safe...
by Doug Stevenson Bowdoinham Maine | Sep 22, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Behavioral finance is the study of how psychological influences affect financial decision-making. Traditional finance assumes people are rational actors who make logical choices to maximize wealth. In reality, emotions, biases, and mental shortcuts often drive money...
by Doug Stevenson Bowdoinham Maine | Aug 25, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Streaming platforms, fitness apps, meal delivery kits, cloud storage, and even clothing rental services have transformed the way people consume products and experiences. Subscriptions offer convenience, flexibility, and affordability at first glance. However, what...
by Doug Stevenson Bowdoinham Maine | Aug 25, 2025 | Doug Stevenson Bowdoinham Maine, Finance
For many people, the 401(k) has long been the default retirement savings vehicle. While it is a valuable tool, relying on it alone may not be enough to secure long-term financial independence. Market volatility, contribution limits, and employer plan restrictions can...