“Financial decisions we make in our everyday lives are much more important than trying to pick a few top-performing stocks and mutual funds.”

Recently, I discuss the notion that checkbook management is more related to investment management than what Wall Street would like us thinking. Monte Carlo simulations, standard deviations, and Smart Beta Funds seem to only chase investors away or lure them into misguided advice from unreliable sources.

The Coffeehouse Investor approach allows investors to decrease the investment discussions with financial advisors and rather, focus on the more important financial planning matters that really create successful long-term financial plans. If you’re not spending your time answering the hard questions I discuss in my column, I suggest you turn your attention away from the things you can’t control, and back to the things you can control in your everyday life.