If ever there was a teachable moment with behavioral finance and emotional investing, Monday’s horrific events at the Boston Marathon might have been it.
While Debra Brede was sensitive to the events unfolding just miles from her office, she also realized she still had a job to do.
“I just had to remove my emotions from the situation,” said Brede, founder of D.K. Brede Investment Management Co., a Commonwealth Financial-affiliated rep whose office is in the Boston suburb of Needham. “I didn’t have any clients directly affected, thankfully, but I have a number that are doctors. They rushed to the hospitals to see what they could do.”
Mark Singer was taking a rare afternoon off to golf with friends when their quiet play was interrupted.