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Mike McCormick With Cascade Financial And His Weekly Money Talk [AUDIO]

Mike stops by again this week to deliver financial advice. Listen below for Mike's take on setting yourself up for success in both the short and long term.

·         Buying low and selling high is still the best investment advice there is

·         But as human beings, we are ruled by loss aversion and social pressures

·         Managing our behavior is the most critical factor that determines success from failure

OAKLAND, CA - MARCH 18: Fast food workers and activists protest outside of a McDonald's restaurant on March 18, 2014 in Oakland, California. Dozens of fast food workers and union activists staged a demonstration at a McDonald's restaurant as part of a nationwide series of protests against McDonald's labor practices. (Photo by Justin Sullivan/Getty Images)
OAKLAND, CA - MARCH 18: Fast food workers and activists protest outside of a McDonald's restaurant on March 18, 2014 in Oakland, California. Dozens of fast food workers and union activists staged a demonstration at a McDonald's restaurant as part of a nationwide series of protests against McDonald's labor practices. (Photo by Justin Sullivan/Getty Images)
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Companies We Love to Hate

We hate Rush Limbaugh — but we listen. Fast food makes us fat — but we eat it any way. We hate oil spills, gas leaks, coal fired plants, hydraulic fracturing and Wall Street.

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WASHINGTON, DC - APRIL 2:: Joan Stallard (L) of Washington DC talks about the issue of the Supreme Court striking down the limit one can donate to political as Scott Dorn (R) of Washington DC looks on in front of the U.S. Supreme Court April 2, 2014, in Washington, DC. The Supreme Court struck down the limits on how much one person can donate overall to political campaigns. The limit to individual candiates is still $2,600 per candidate. ( Photo by Rod Lamkey/Getty Images)
WASHINGTON, DC - APRIL 2:: Joan Stallard (L) of Washington DC talks about the issue of the Supreme Court striking down the limit one can donate to political as Scott Dorn (R) of Washington DC looks on in front of the U.S. Supreme Court April 2, 2014, in Washington, DC. The Supreme Court struck down the limits on how much one person can donate overall to political campaigns. The limit to individual candiates is still $2,600 per candidate. ( Photo by Rod Lamkey/Getty Images)
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Money In Politics: What Does It Buy?

Elections are more about emotion than issues. Which explains why negative campaigns are so effective.

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Bull Elks In Yellowstone National Park
(Bill Schaefer/Getty Images)
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Communities Near Yellowstone National Park Lost $15.7M In Visitor Spending, THANKS Government Shutdown

Monday's report from the National Park Service estimated that communities near Yellowstone National Park lost $15.7 million in visitor spending and communities around Glacier National Park lost $2

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(Photo by Christopher Furlong/Getty Images)
(Photo by Christopher Furlong/Getty Images)
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What If You Didn’t Have To Work?

You work 40 or fewer hours each week. That leaves roughly 168 hours each week to do what? Spend every dime you make?

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NEW ORLEANS - MARCH 29:  Members of the Story Ville Stompers perform as they 'second line' through Wal-Mart as it re-opens on March 29, 2006 in New Orleans, Louisiana. Hurricane Katrina hit the area seven months ago, closing this store as well as many others.  (Photo by Chris Graythen/Getty Images)
NEW ORLEANS - MARCH 29: Members of the Story Ville Stompers perform as they 'second line' through Wal-Mart as it re-opens on March 29, 2006 in New Orleans, Louisiana. Hurricane Katrina hit the area seven months ago, closing this store as well as many others. (Photo by Chris Graythen/Getty Images)
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Is Your Business a Lie?

No matter what the reasoning, the point is still the same. When you present your image to a customer in the form of advertising it must be an accurate image.

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New Hiring
Photo by Spencer Platt/Getty Images
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Tom’s Opinion: Where Jobs Will Come From In 2014

Electricity eliminated the need for whale oil in oil lamps. The automobile probably cost a lot of carriage makers their jobs.

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(Photo by Fox Photos/Hulton Archive/Getty Images)
(Photo by Fox Photos/Hulton Archive/Getty Images)
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Senator Jon Tester Helping Montanans Improve Their Credit Scores

Senator Tester is co-sponsoring a bipartisan bill that will allow utility and telecommunications companies to inform credit reporting agencies when people pay their bills on-time so that consumers can build up good credit

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New Year's Resolutions Send Thousands To The Gym
Photo by Spencer Platt/Getty Images
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How To Keep New Year’s Resolutions

Here are the Top Ten most common resolutions and some tips for keeping them.

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Retailers Seek Customers After First Decline In Black Friday Shopping Since 2009
Photo by Spencer Platt/Getty Images
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Should Retail Stores Be Open On Thanksgiving Day?

Poor store clerks enduring the wrath of rude shoppers while their family members are enjoying tasty leftovers and watching college football. Oh, the unfairness.

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