September/October 2012

AZ Business Magazine September/October 2012

AZ Business Magazine September/October 2012

Learning Our Lessons

Michael GossieAs an 8-year-old kid in New York, I came up with the bright idea that I would buy packs of Bubblicious bubble gum for 40 cents a pack at the grocery store and then turn around and sell it to my classmates for $1. Sounded like a brilliant plan, until my entire inventory was confiscated five minutes into first period because gum wasn’t allowed in class.

It was the first, but certainly not the last time an investment didn’t pan out like I wanted (I was convinced that Facebook would be the next Google).

“It is important for investors to manage their emotions,” said Michael Weigel, senior vice president and managing director of Investment Management Services at Mutual of Omaha Bank Wealth Management. “This can be challenging in today’s news environment where constant headlines and other noise can lead to an emotional response.”

In this issue of Az Business, Weigel and other experts help us take a closer look at effective financial planning and investing in the wake of the recession.

I can tell you one thing you can take to the bank: None of the experts will be chewing Bubblicious.

Michael Gossie Signature

Michael Gossie, Managing Editor

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About AZ Business Magazine

Over the past two-and-a-half decades, Arizona Business Magazine has grown to encompass not just Arizona Business Magazine, but also a whole host of other publications and signature events. Arizona Business Magazine is the state’s leading monthly business publication. Published by AZ Big Media, the magazine covers a wide-range of topics focusing on the Arizona business scene, and is aimed at high-level corporate executives and business owners.